Welcome to this well-maintained four-unit multifamily property offering an excellent investment opportunity. This two-story quadruplex features a total of four residential units, including one 2-bedroom, 1-bath unit and three 1-bedroom, 1-bath units. On the first floor, Unit #1 offers two bedrooms and one full bathroom, while Unit #3 features one bedroom and one full bathroom. The second floor includes Unit #2 and Unit #4, both offering one bedroom and one full bathroom. All four units are currently occupied by month-to-month tenants, providing immediate rental income while allowing flexibility for future leasing strategies. Tenants are responsible for their own gas and electric utilities, while the owner pays for water, sewer, trash, and the gas and electric serving the common areas. The property also offers ample off-street parking with space for approximately eight vehicles, along with a shared storage building at the rear of the property that provides additional storage space for tenant use. Whether you're looking to expand your investment portfolio or purchase an income-producing property with future upside, this fully occupied quadruplex presents an exceptional opportunity. Buyer to verify all information, including rents, leases, square footage, and other pertinent details.
1968Year Built
0.25 acresLot Size
$109Price/Sq.Ft.
8 spacesParking
Listed by Ellen Masterson• Lenihan Commercial Properties
Listed by Laura Rice & Associates• Lenihan Sotheby's Int'l Realty
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.
May 23, 2022 • Final
Electrical residential
Replace electrical service panels, dead fronts, and circuit breakers.
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.
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)
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66
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86
66
83
61
72
50
58
42
47
33
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Sun exposure
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12705 E Orell Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More