$242,000

1349 Olive St Louisville, KY 40211

$2,874
Closing credit¹
6 beds
4 baths
2,982 sqft
$81 / sqft
Multi-Family

Property details

About 1349 Olive St

Investor Opportunity in 40211! Don't miss this incredible opportunity to own a four-plex on Olive Street in the heart of Louisville's up-and-coming 40211 zip code. Built in 1900, this historic property retains much of its original charm, featuring beautiful wood doors, detailed trim work, and spacious rooms with character you won't find in newer builds. With great bones, all major maintenance items handled in the last couple years, and timeless details, it's ready for a fresh touch—with only one unit left to renovate. The four-plex has been professionally managed for the last 2 years and includes two units on the first floor and two units upstairs. Each second-floor unit offers 1 bedroom and 1 bathroom, while each first-floor unit includes 2 bedrooms and 1 bathroom. Three of (cont. >> >>) the four units have already been fully renovated and upgraded. They are currently rented, starting you with strong income from day one. The final renovation need is the vacant first-floor unit. This unit can be taken to the studs and converted into a 3/2 which would add significant additional value and further boost your cash flow. Whether you're a seasoned investor or just getting started, this is your chance to own a piece of history in a neighborhood experiencing active revitalization and long-term growth. Reach out with questions or for more information. Don't miss your chance to step into a great cash-flowing investment in 40211

Highlights

Home typeQuadruplex
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,982 sqft
Year built1900
MLS #1682971

Summary

  • Total Bedroom Count: 6
  • Exterior: None
  • Architectural Style: Other
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $242,000
  • Price/SqFt: $81
  • Annual Tax Amount: $1,382
  • Tax Year: 2023
  • Lot: Sidewalk
  • Directions: Get on I-264 W Follow I-264 W to Dumesnil St. Take exit 3 from I-264 W Continue on Dumesnil St. Drive to Olive St
  • Year Built: 1900
  • Living Area: 2,982 SqFt
  • MLS Number: 1682971
  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • Office Name: Keller Williams Louisville East

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade featuring fence and a front lawn

$242,000

1349 Olive St

$2,874

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 20, 2023
Home Sold
$140,000
Jun 15, 2022
Home Sold
$103,000

Tax history

YearAssessmentProperty Tax
2023$103,000$1,382
2022$56,540$768
2021$56,540$768
2020$56,540$819
2019$56,540$758
2018$39,000$508
2017$39,000$508

History based on county public records data.

Nearby schools

5

Brandeis Elementary School

Public Magnet PK-5

0.7 mi

2817 W Kentucky St

1

Wheatley Elementary School

Public Magnet KG-5

0.9 mi

1107 S 17th St

5

Carter Elementary School

Public Magnet KG-5

1.0 mi

3600 Bohne Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,787. Residents of Louisville, KY typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

74%
<35k
26%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
19%
Single, with Kids
15%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1349 Olive St in Louisville, KY and zip code 40211 in the Parkland neighborhood. This 2,982 square foot home was built in 1900. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $242,000.

In April 2025 more than 235 listings in Louisville, KY were sold above the asking price. During the same period more than 214 listings were sold at asking price, while more than 292 were sold below. In April 2025 in Louisville, KY there were 10.5% more homes for sale than in March. The median list price of listings available in April 2025 was $259,895, while the average time on the real estate market was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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