#1689714, Listing office: Six Degrees Real Estate, LLC
Property details
About 1908 Crums Ln
Fully renovated and fully occupied, this 12-unit multifamily property in Louisville is a turnkey investment bringing in strong cash flow from day one. All units are 2-bedroom apartments, each remodeled with updated flooring, fresh paint, modern lighting, upgraded kitchens and bathrooms, and washer/dryer hookups. Every unit rents for $950/month, totaling $11,400 in gross monthly income. Tenants pay their own utilities, while the owner covers water, sewer, dumpster service, and insurance. The building features a stable mix of traditional and Section 8 tenants, ensuring steady and reliable rental payments. Located in a high-demand area with easy access to downtown Louisville, major highways, and key employers, this property is perfectly positioned for continued rental success. With all major systems updated and fully leased, this is a low-maintenance, high-return opportunity ideal for investors looking to expand their portfolio in a growing market.
Highlights
Summary
- Parking: 11 - 20 Spaces
- List Price: $1,200,000
- Directions: rom Downtown Louisville:Head southwest via I‑264 West (also known as Watterson Expressway).Take Exit toward Dixie Highway (US 31W/US 60).Continue briefly on Dixie Hwy, then turn onto Crums Lane.The building is a two-story, 12‑unit garden-style multifamily property located just off Dixie Hwy in
- Year Built: 9999
- Lot Size: 0.943 Acres
- MLS Number: 25014406
- Office Name: EXP Realty, LLC
- Office Phone: (888) 624-6448
- Office Email: ky.broker@exprealty.net
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Last updated on: 7/6/2025, 11:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Nearby schools
2
Mill Creek Elementary School
Public Magnet KG-5
0.4 mi
•3816 Dixie Hwy
1
Jacob Elementary School
Public District KG-5
0.8 mi
•3701 E Wheatmore Dr
4
Schaffner Traditional Elementary School
Public Magnet KG-5
0.8 mi
•2701 Crums Ln
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 $36,289. The most common annual income of people living in Louisville, KY is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
Living in Louisville, KY
Louisville's transportation infrastructure includes an extensive network of roads and highways, facilitating easy travel and commuting within the city and to surrounding areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city is also making strides in enhancing walkability and bikeability, particularly in the downtown area and other key neighborhoods.
The city is served by a robust educational system, including numerous public and private schools that cater to a range of educational preferences. Louisville's healthcare network is comprehensive, with several hospitals and clinics providing specialized services to meet the community's needs. The public library system is well-established, offering resources and programs for all ages. Retail and dining options are plentiful, with an emphasis on local cuisine and unique shopping experiences.
Louisville is celebrated for its vibrant cultural scene and the famous Kentucky Derby, which reflects the city's rich equestrian heritage. The community prides itself on its expansive parks system and the annual festivals that bring residents together, showcasing the city's strong sense of community and tradition.
Louisville offers a diverse array of housing options, with single-family homes making up a significant portion of the market. These homes showcase a mix of architectural styles, including Victorian, colonial, and contemporary designs. The city also provides a range of multi-family dwellings, such as apartments and condominiums, appealing to various lifestyle needs. The housing market is dynamic, with a healthy balance of historic homes and newer constructions.
About 1908 Crums Ln
The listing price of 1908 Crums Ln property is $1,200,000.
The property 1908 Crums Ln is a multi located in Louisville, Kentucky, 40216.
Active Listing: 1908 Crums Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1908 Crums Ln are: Mill Creek Elementary School (GreatSchools Rating 2/10), Jacob Elementary School (GreatSchools Rating 1/10), Schaffner Traditional Elementary School (GreatSchools Rating 4/10), Olmstead North Middle School (GreatSchools Rating 3/10), Olmstead South Middle School (GreatSchools Rating 2/10), Grace M. James Academy of Excellence (GreatSchools Rating 4/10), Butler Traditional High School (GreatSchools Rating 3/10), Iroquios High School (GreatSchools Rating 1/10), Western High School (GreatSchools Rating 1/10).
The year of construction for 1908 Crums Ln is 9999.
This home is located at 1908 Crums Ln in Louisville, KY and zip code 40216. Features: 0 bathroom. It has been listed on Rocket Homes since July 4, 2025 and is currently priced at $1,200,000.
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. While the average time on the market in June 2025 was 38 days, the median list price was $260,694.