3208 Bohannon Ave, Louisville, KY 40215

$129,000 Asking Price

4 beds
2 baths
2,205  sqft
Built in 1948

Investor's Dream: 3-Unit Efficiency Setup near Churchill Downs This unique property offers endless potential just steps away from the iconic Churchill Downs. Currently configured as three separate efficiency units, this 4-bedroom, 2-bathroom home is a rare find. With kitchens and bathrooms on each of the three floors, this setup provides an excellent opportunity for investors seeking a cash-flowing rental property or a perfect house-hack situation. While the home is structurally a single-family residence, it has been utilized as a triplex, generating consistent rental income. Tenants are eager to stay, ensuring immediate rental returns. The property is being sold as-is, and the owners will not be making any repairs, making this a great opportunity for those looking to add value through renovation. The spacious, fenced-in yard offers outdoor space for tenants to enjoy. Plus, with Churchill Downs so close, you might even hear the horses on Derby Day! Though it's a bit of a fixer-upper, this property holds significant potential for the right buyer. Don't miss out on this prime investment opportunity - schedule your showing today!


Features & Amenities

Interior

Basement:
Finished
A/C:
true, Wall/Window Unit(s)
Heating:
true, Forced Air
Fireplace:
Fireplaces: 0

Exterior

General:
Patio, Porch
Parking:
Off-Street Parking

Construction

Roofing:
Shingle
General:
Wood Frame, 1

Location

HOA Amenities:
0.0
Originating MLS:
Metro Search (Greater Louisville Association of REALTORS®)
County:
Jefferson

Lot

Zoning:
11051B00850000
Fencing:
Chain Link

Utilities

Utilities:
Electricity Connected, Public Sewer, Public Water

Financial

Source:
Metro Search (Greater Louisville Association of REALTORS®)

This listing courtesy of:
EXP Realty LLC

About Louisville, KY

Housing

Number of Units
351,031
Median Home Value
$209,186
Median Rent
$763

38.97% of housing units are renter occupied.

8.02% are vacant.

Commute

Car
70.02%
Public Transportation
2.15%
Walk to Work
1.43%
Work from Home
24.92%
Other
1.23%

The median travel time to work is 19 minutes.

People

Population
767,512
Median Age
38.80
Median Household Size
2.55

Education

High School
26.85%
Associate’s Degree
8.35%
Bachelor’s Degree
20.68%
Graduate Degree
13.22%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: