Public Remarks: A brick fourplex under $300,000 with rental numbers that deserve a serious look in Louisville, KY. Offered at $299,000, 3216 Fordhaven Road in Louisville brings in $3,395 in scheduled monthly rent, or $40,740 annually, with all four units occupied per the latest rent roll. That puts monthly gross rent above 1.1% of the asking price—a compelling starting point for buyers searching for an income-producing property where the numbers work without relying on future rent increases (although that upside does still exist!). At just $74,750 per unit, this fourplex offers four rental incomes under one roof and an accessible price for expanding a portfolio or purchasing your first multifamily investment. In a market where finding the right balance of purchase price and rental income takes work, Fordhaven stands out with existing tenants, strong gross income relative to price, and brick construction. Contact the listing agent for the rent roll, operating details, and showing information.
Fully rented and very nice 4-PLEX have 2 bedrooms, 1 bath and washer dryer hookups. Long-term tenants have new leases. Security deposits are on the leases to be provided to serious buyers only. Lots of updates include the roof, windows, central air and floor. See Documents Tab for Rent Roll, Income & Expenses. One owner is a licensed real estate agent in Kentucky.
Metro Search MLS #1034187
Dec 30, 2003
Sold
$164,000
$48/sq ft
Aug 5, 2003
Listed
$172,500
$50/sq ft
Public Remarks
REally nice 2 bedroom units in Southend. Major Renovations have been done in several units. 3 units on annual lease, one long term tenant on month to month. All units have washer and dryer hookups. Seperately metered. Owner pays water, hall & outside electric, dumpster pickup. Tenants pay LG&E, phone and cable. Nice building for owner occupant or investor. 24 hour notice to show.
Metro Search MLS #217991
Apr 9, 2002
Sold
$135,000
$39/sq ft
Aug 31, 2001
Listed
$139,900
$41/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,177 (+18.5%)
$40,000 + $238,400
$278,400
2024
$2,680 (−2.8%)
$40,000 + $238,400
$278,400
2023
$2,755 (−0.3%)
$24,000 + $206,000
$230,000
2022
$2,765 (+15.8%)
$24,000 + $206,000
$230,000
2021
$2,388 (+11.0%)
$24,000 + $206,000
$230,000
2020
$2,152 (+2.0%)
$24,000 + $160,360
$184,360
2019
$2,109 (+1.2%)
$24,000 + $162,000
$186,000
2018
$2,084 (+6.8%)
$24,000 + $162,000
$186,000
2017
$1,952 (−0.7%)
$24,000 + $162,000
$186,000
2015
$1,966 (+12.3%)
$24,000 + $162,000
$186,000
2014
$1,751
$21,000 + $144,640
$165,640
2013
$1,752
$21,000 + $144,640
$165,640
Public record
Beds
—
Baths
—
Stories
—
Lot width
65 ft.
Lot depth
155 ft.
Lot size
9,975 Sq. Ft.
Year renovated
1985
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
1972
Style
Multi-Family (5+ Unit)
County
Jefferson County
APN
24144400220000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
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, 4 days in 30 years
Provided by First Street
Historical weather
Louisville, KY • 40214
Average low and high temperatures (°F)
38
21
48
29
65
43
73
52
74
57
85
67
89
72
86
66
82
60
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.
9.5 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3216 Fordhaven Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More