Backup offers
#1686085, Listing office: United Real Estate Louisville
$150,000 List price
1848 Portland Ave Louisville, KY 40203
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
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingOther
Size2,032 sqft
Year built1900
MLS #1681294
Summary
- Total Bedroom Count: 2
- Exterior: None
- Architectural Style: Other
- Heating: Other
- Cooling: Other
- List Price: $150,000
- Price/SqFt: $73
- Annual Tax Amount: $738
- Tax Year: 2023
- Directions: 64w to 22nd St Exit. Follow 22nd St South to T/L on Bank St. TL on 16th St. T/L on Portland Ave. House is on your Left
- Year Built: 1900
- Living Area: 2,032 SqFt
- 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: 7/21/2025, 1:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Typical income of Louisville, KY residents is less than $<35k annually. The majority of families are 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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Frequently asked questions
About 1848 Portland Ave
The listing price of 1848 Portland Ave property is $150,000.
The property 1848 Portland Ave is a multi located in Louisville, Kentucky, 40203.
Accepting Backup Offers: 1848 Portland Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1848 Portland Ave are: Byck Elementary School (GreatSchools Rating 1/10), Atkinson Elementary School (GreatSchools Rating 3/10), Coolridge-Taylor Elementary School (GreatSchools Rating 1/10), Western Middle School for the Arts (GreatSchools Rating 4/10), Johnson Traditional Middle School (GreatSchools Rating 4/10), Meyzeek Middle School (GreatSchools Rating 7/10), Central High Magnet Career Academy (GreatSchools Rating 5/10), J. Graham Brown School (GreatSchools Rating 9/10), The Academy at Shawnee High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $738 (source: MLS/based on county public records data).
The last sale was on March 23, 2021 for $55,000 (source: MLS/tax record).
The property 1848 Portland Ave is 2,032 SqFt (source: MLS/tax record).
The year of construction for 1848 Portland Ave is 1900.
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.
In June 2025, from all listings sold in Louisville, KY there were more than 264 sold above asking price, over 353 sold below and more than 240 were sold right at the asked price. In June 2025 in Louisville, KY there were 6.2% more homes for sale than in May. Listings spent 38 days on the market in June 2025, and had a median list price of $260,694 during the same period.
From Rocket Homes Real Estate and based on county public records data.