Public Remarks: Strong investment opportunity at 10233 Blue Lick Rd, Louisville, KY 40229 (located off Blue Lick Rd & Hillcross Dr). Property Overview: 21 large townhome-style units 6 units: 3 bed / 1.5 bath 15 units: 2 bed / 1.5 bath. Current rent roll: $24,461/month (2 vacancies) $27,063/month once fully occupied; up to $29,721/month potential. 22,812 total sq ft Built approximately 23 years ago. New dimensional shingle roofs (Aug/Sept 2023) on all three buildings Large onsite parking lot Utilities: Tenants pay LG&E ,owner pays water/sewer and trash. Laundry in each unit This property presents a strong value-add opportunity through lease-up, along with a potential condo conversion exit strategy that could potentially generate a very profitable return. See attached rent roll and LURA letter
15 2 BR 2 Bath and 6 3 br 2 bath townhouse. Low Income Restricted .
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
—
Lot depth
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Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Jefferson County
APN
203500020000
Parking Spaces
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Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Nov 10, 2018.
Property details
Parking
Parking Information
# Parking Spaces: 34
Covered Parking: No
Interior
Bedroom Information
Bedrooms Total: 0
Multi-Unit Information
Yes
2nd Level
2nd Level: Partial Baths: 0
Exterior
Exterior Features
Exterior Features: None
Lot Description
Lot Size Area: 1.38
Lot Size Units: Square Feet
Lot Size Dimensions: 1.3789
Lot: 0002
Sub-Lot: 0000
Property Information
Property Sub Type: Apartment
Main Structure on Flood Plain: No
Architectural Style: Traditional
Subdivision / Condo Amenities
Subdivision Name: NONE
Building Information
Building Area Source: Other
Building Area Total: 22812.0
Year Built: 2003
Roof: Shingle
Construction Materials: Vinyl Siding, Wood Frame, Brick
Living Area: 22812.0
Financial
Tax Information
Tax Block: 2035
Tax Lot: 0002
Lease/Rent Details
Tenant Pays: Electric: Yes
Tenant Pays: Gas: Yes
Owner Pays: Sewer: Yes
Owner Pays: Trash Removal: Yes
Owner Pays: Water: Yes
Financial Information
Seller Concessions Description: cc pre paids
Yes
Closing Costs and Prepaids: 12500
Utilities
Utility Information
# of Furnaces: 21
# of HVAC Units: 21
Utilities: Electricity Connected, Fuel:Natural
Heating
Heating Y/N: Yes
Heating: Forced Air
Cooling
Cooling Y/N: Yes
Cooling: Central Air
Location
HOA Information
Association Fee: 0.0
Neighborhood Information
Subdivision Name: NONE
Location Information
Location: Directions: Take I-65 to Outer Loop East Exit to Preston Highway turn right on Preston and follow to South Park Rd turn right and go to Blue Lick Rd. Turn right on Blue Lick follow to Hillcross Drive on left to Buildings at 3601-3613 Hillcross Dr and 3615-3627 Hillcross Dr and 3629-3641 Hillcross Dr.
Directions: Take I-65 to Outer Loop East Exit to Preston Highway turn right on Preston and follow to South Park Rd turn right and go to Blue Lick Rd. Turn right on Blue Lick follow to Hillcross Drive on left to Buildings at 3601-3613 Hillcross Dr and 3615-3627 Hillcross Dr and 3629-3641 Hillcross Dr.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Jefferson County
APN: 203500020000
Home facts updated by county records on Nov 10, 2018
Other
Listing Information
Basement: No
Listing Date Information
Documents Change Timestamp: 2026-07-13T05:16:22Z
Around this home
Schools
Blue Lick Elementary School
Public PreK-5 • Assigned • 0.8mi
3/10
Knight Middle School
Public 6-8 • Assigned • 0.7mi
3/10
Southern High School
Public 9-12 • Assigned • 2.2mi
1/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 104° expected this year, 19 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Louisville, KY • 40229
Average low and high temperatures (°F)
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33
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Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Louisville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.