Public Remarks: Investor Alert - Two Updated 4-Plexes in High-Growth Area! Don't miss this incredible opportunity to add two income-producing 4-plexes—12511 & 12513 Orell Rd—to your investment portfolio for just $650,000. Professionally managed by LREI Property Management, these properties are primed for strong returns. Each building features four spacious 1-bedroom, 1-bath units, and over the last 3.5 years, more than $100K in updates have been completed. 7 of the 8 units have been renovated, with improvements including, 4 new HVAC units, luxury vinyl plank flooring, updated kitchen appliances, some new hot water heaters, fresh interior paint, new blinds, refinished bathtubs, some updated vanities, painted kitchen cabinets and some new gutters and window repairs. With the major capital expenses already addressed, you'll benefit from low maintenance costs and increased rental appeal. There's also significant upside potential as leases turn over, you can align rents with local market rates. Comparable 1BR/1BA units in the area are renting for upwards of $800/month, giving you room to grow the rent roll and maximize ROI. Located in zip code 40272, a high-demand area fueled by economic growth from the new factory in Hardin County, this property is also convenient to transit services, interstates, restaurants, shopping and entertainment. Whether you're a seasoned investor, looking to expand your portfolio or looking to get started with your first investment property purchase, this is a prime opportunity with strong cash flow potential and long-term value. Schedule your showing today!
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
8,973 Sq. Ft.
Year renovated
1981
Sq. Ft.
—
Year built
1973
Style
Multi-Family (5+ Unit)
County
Jefferson County
APN
24138000380000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
N
Neighborhood Form District
The purpose of the Neighborhood Form District N or NFD is to implement land development code provisions that are consistent with the Goals, Objectives, and Policies of the Comprehensive Plan, in accordance with Chapter 100 of Kentucky Revised Statutes.; The NFD does not establish permitted land uses, Maximum Density or intensity of development; refer to the zoning district regulations for applicable restrictions.
Feb 23, 2023 • Final
Hvac residential - new
Install a new air conditioning unit, coil, and furnace.
HVAC
May 23, 2022 • Final
Electrical residential
Restore electrical power following a one year inspection.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# Parking Spaces: 4
Covered Parking: No
Interior
Bedroom Information
Bedrooms Total: 4
Multi-Unit Information
Yes
2nd Level
2nd Level: # of Rooms: 10
2nd Level: Bedrooms: 2
2nd Level: Dining Room: 2
2nd Level: Full Baths: 2
2nd Level: Kitchen: 2
2nd Level: Living Room: 2
2nd Level: Range: 2
2nd Level: Refrigerator: 2
2nd Level: Total Units: 2
1st Level
1st Level: # of Rooms: 10
1st Level: Bedrooms: 2
1st Level: Dining Room: 2
1st Level: Full Baths: 2
1st Level: Kitchen: 2
1st Level: Living Room: 2
1st Level: Range: 2
1st Level: Refrigerator: 2
1st Level: Total Units: 2
Exterior
Exterior Features
Exterior Features: None
Lot Description
Lot Size Acres: 0.21
Lot Size Area: 9134.0
Lot Size Units: Square Feet
Lot Size Dimensions:
Lot: 00
Sub-Lot: 0000
Property Information
Main Structure on Flood Plain: No
Architectural Style: Other
Subdivision / Condo Amenities
Subdivision Name: NONE
Building Information
Building Area Source: Other
Building Area Total: 2750.0
Year Built: 1973
Roof: Shingle
Construction Materials: Brick
Living Area: 2750.0
Financial
Tax Information
Tax Block: 0
Tax Lot: 00
Lease/Rent Details
Tenant Pays: Electric: Yes
Tenant Pays: Gas: Yes
Owner Pays: Sewer: Yes
Owner Pays: Trash Removal: Yes
Owner Pays: Water: Yes
Utilities
Utility Information
# of Furnaces: 4
Utilities: Electricity Connected, Fuel:Natural
Heating
Heating Y/N: Yes
Heating: Forced Air, Natural Gas
Cooling
Cooling Y/N: Yes
Cooling: Central Air
Location
HOA Information
Association Fee: 0.0
Neighborhood Information
Subdivision Name: NONE
Location Information
Location: Directions: Blevins Gap to Street
Directions: Blevins Gap to Street
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 8,973 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1973
Year Renovated: 1981
County: Jefferson County
APN: 24138000380000
Home facts updated by county records on Sep 8, 2026
Other
Listing Information
Basement: No
Listing Date Information
Documents Change Timestamp: 2025-08-10T05:16:25Z
Around this home
Schools
Robert Frost Sixth-Grade Academy
Public 6 • Assigned • 3.1mi
Valley Traditional High School
Public 9-12 • Assigned • 2.5mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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, 3 days in 30 years
Provided by First Street
Historical weather
Louisville, KY • 40272
Average low and high temperatures (°F)
38
22
48
29
66
43
73
52
75
57
86
67
89
72
86
66
83
59
72
50
58
42
47
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 3.7 hours in December, placing it below the
U.S. average for solar exposure.