OWNER-OCCUPANT OR INVESTMENT OPPORTUNITY in a well-located Louisville duplex with immediate income already in place. The first-floor 2-bedroom, 1-bath unit is currently rented for $1,075 per month, while the second-floor 2-bedroom, 1-bath unit is vacant, renovated, and ready for a new owner or tenant. With separate utilities, off-street parking, and more than $29,000 in recent improvements, this property offers a compelling combination of current income and future flexibility. An owner-occupant can live in one unit while collecting rent from the other, or an investor can lease both units and add a centrally located multifamily property to their portfolio. The vacant upper unit offers a move-in-ready opportunity, while the occupied lower unit provides income from day one. NEW water heater in 2022, NEW furnace in 2023, NEW A/C in 2023, NEW sewage cleanout in 2025, NEW vinyl plank flooring in 2026, NEW carpet in the bedrooms in 2026, NEW refrigerator and range in 2026, NEWLY remodeled bathroom in 2026, including NEW flooring, NEW tub, NEW tiled shower, NEW lighting, NEW toilet, and NEW vanity. Conveniently located near UofL, Shelby Park, Germantown, downtown Louisville, and major employment and entertainment areas. Whether you're a first-time investor, experienced landlord, or buyer looking for an income-producing property with an owner-occupant option, 1352 S Preston Street offers flexibility, location, and long-term potential.
Multi-familyProperty Type
1974Year Built
2,910 sq ftLot Size
$139Price/Sq.Ft.
3 spacesParking
Listed by Steve Ullum• United Real Estate Louisville
Carpet and paint 1 year old, remodeled baths, currently low rents could be increased, long term tenants.
Year
Property tax
Land + Additions
Assessment*
2025
$3,553 (−1.9%)
$22,000 + $260,000
$282,000
2024
$3,621 (+62.6%)
$22,000 + $260,000
$282,000
2023
$2,227 (−1.3%)
$18,800 + $216,200
$235,000
2022
$2,257 (−4.9%)
$22,000 + $143,950
$165,950
2021
$2,373 (+68.8%)
$22,000 + $143,950
$165,950
2020
$1,406 (+2.4%)
$22,000 + $143,950
$165,950
2019
$1,372 (+1.3%)
$14,000 + $88,310
$102,310
2018
$1,355 (+1.6%)
$14,000 + $88,310
$102,310
2017
$1,333 (−0.6%)
$14,000 + $88,310
$102,310
2015
$1,341 (+4.5%)
$14,000 + $88,310
$102,310
2014
$1,283
$8,000 + $88,900
$96,900
2013
$1,283
$8,000 + $88,900
$96,900
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
25 ft.
Lot depth
116 ft.
Lot size
2,919 Sq. Ft.
Year renovated
1974
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
1974
Style
Multi-Family (2-4 Unit)
County
Jefferson County
APN
08032G00920000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
Apr 1, 2019 • Final
Electrical residential
Replace the overhead electrical service from the meter up.
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
6/10 Flood Factor
Estimated 70-78% chance 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 105° expected this year, 20 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Louisville, KY • 40208
Average low and high temperatures (°F)
38
23
48
31
66
44
73
54
75
58
86
69
91
74
87
68
83
63
73
52
58
42
47
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1352 S Preston St
$276,773
$3,227 under list price of $280K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $225K to $385K.