$1,484 Closing Credit¹
#1680501, Listing Office: Column Realty
$150,000 List price
1848 Portland Ave Louisville, KY 40203
$1,781
Closing credit¹
2 beds
2 baths
2,032 sqft
$74 / sqft
Multi-Family
Property details
About 1848 Portland Ave
This exceptional investment opportunity features a package of single-family and small multi-family rental homes, all strategically located in Louisville, KY. The properties are currently fully rented, with tenants paying near-market value, ensuring immediate cash flow for the next investor. Each home has been well-maintained and is ready for a seamless transition, offering a turn-key solution for any buyer looking to expand or diversify their portfolio. Whether you are a seasoned investor or just entering the rental market, these homes provide a fantastic opportunity for stable, long-term returns. Don't miss out on this rare opportunity to acquire a fully rented, low-maintenance, and income-producing asset in a growing market. This property is only for sale as a package at this time. Addresses included in this sale: -421 E Ormsby Ave, Louisville, KY 40203- 2 units: each with 2 beds, 1 bath -2733 Taylor Blvd, Louisville, KY 40208-4 units: each with 1 bed, 1 bath -2104 W Burnett Ave, Louisville, KY 40210-SF: 3 beds, 1 bath -1848 Portland Ave, Louisville, KY 40203-2 units: each with 1 bed, 1 bath -122 N 39th St, Louisville, KY 40212- SF: 2 beds, 1 bath -4722 Granada Dr, Louisville, KY 40272-SF: 3 beds, 1 bath
Highlights
Home typeDuplex
HeatingOther
StatusActive
CoolingOther
Size2,032 sqft
Year built1900
MLS #1681294
Summary
- MLS Number: 1681294
- MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
- Office Name: Homepage Realty
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: 3/14/2025, 8:20:55 AM 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
$150,000
1848 Portland Ave
$1,781
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 23, 2021 | Home Sold | $55,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $55,000 | $738 |
| 2022 | $55,000 | $748 |
| 2021 | $37,290 | $748 |
| 2020 | $37,290 | $540 |
| 2019 | $46,520 | $624 |
| 2018 | $50,330 | $655 |
| 2017 | $50,330 | $655 |
History based on county public records data.
Nearby schools
1
Byck Elementary School
Public Magnet KG-5
0.9 mi
•2328 Cedar St
3
Atkinson Elementary School
Public Magnet KG-5
1.0 mi
•2811 Duncan St
1
Coolridge-Taylor Elementary School
Public Magnet KG-5
1.1 mi
•1115 W Chestnut St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,828. The most common annual income of people living in Louisville, KY is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
78%
<35k
22%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
45%
Single, No Kids
29%
Single, with Kids
15%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1848 Portland Ave in Louisville, KY and zip code 40203 in the Portland neighborhood. This 2,032 square foot home was built in 1900. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $150,000.
While more than 94 listings in Louisville, KY in February 2025 were sold above asking price, there were more than 133 listings sold at asking price, and more than 246 were sold below. The inventory of homes for sale in Louisville, KY between January and February 2025 increased by 6.2%. Listings spent 89 days on the market in February 2025, and had a median list price of $258,399 during the same period.
From Rocket Homes Real Estate and based on county public records data.