Louisville, KY 40217,1604 S Shelby St
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Louisville, KY 40217,1604 S Shelby St
Louisville, KY 40217,1604 S Shelby St
Louisville, KY 40217,1604 S Shelby St
Louisville, KY 40217,1604 S Shelby St
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1604 S Shelby St Louisville, KY 40217

4 Beds

2 Baths

2,100 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $128

Subdivision Merriwether & Davison

MLS Listing ID 1695998

Style Traditional

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 2,100

Year Built 1911

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Duplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2100

Property Description

The absolute BEST Price/sq ft opportunity currently available for any investor in one of Louisville's most walkable neighborhoods! Just blocks from UofL & beloved local staples like Zanzabar, Nord's Bakery, Dairy Del, Toasty's, Bean, Hauck's, Preston Park, and Emerson Park, this versatile property is move-in ready & packed with potential.

With over 2,000 square feet, this duplex has historically been configured as a 2-bedroom unit and a 1-bedroom unit, offering flexible living or rental arrangements. One unit is currently occupied and the other is vacant, making it an ideal setup for an owner-occupant or an investor looking to lease both. Each unit includes a dishwasher and in-unit laundry, plus separate gas and electric meters. The owner currently pays water.

This duplex is listed /sq ft, while the AVERAGE price/sq ft in this neighborhood is $160, with recent sales reaching $188/sq ft. And with the right updates? The area supports values as high as $300/sq ft for single-family conversions. Lots of upside and opportunity to build equity here.

Both units are in good overall condition with updated HVAC systems, a newer hot water heater, and several replacement windows already in place. Out back, you'll find a large outbuildingformerly used as a garagethat currently serves as storage (no power run to it), and an expansive yard area that could easily be divided to give each tenant their own private outdoor space.

Whether you're looking to live in one unit and rent the other, or add a well-located property to your portfolio, 1604 S. Shelby checks a lot of boxes. This property has been well maintained and is move in ready, although at this value price, it is sold "as is". Thank you!

Location

State KY

County Jefferson

Direction Eastern Parkway to North on Shelby.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Wall/Window Unit(s)

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

View Y/N No

Roof Type Asphalt

Porch Patio, Porch

Garage Yes

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Wood Frame,Stucco


Greater Louisville MLS (Metro Search Inc)
Listed by Fry Realty Collective
Thomas Gwinn

Thomas Gwinn

Agent

+1(502) 939-3023

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1604 S Shelby St