Backup offers
$3,325 Closing Credit¹
#1673021, Listing Office: Keller Williams Louisville East
$320,000 List price
4205 Norene Ln Louisville, KY 40219
$3,800
Closing credit¹
0 beds
3,402 sqft
0.2 acres
$94 / sqft
Townhouse
Property details
About 4205 Norene Ln
Investor's dream! This all-brick 4-plex is located in the heart of Louisville, KY, one of the fastest growing markets in the region. This area specifically has seen a 46% increase in property values over just the last five years. Louisville is known for its solid brick investment properties, offering minimal maintenance and long-term durability—this property is no exception. Whether you're looking to add a stable, income-generating property to your portfolio or secure a long-term investment in a rapidly growing market, this 4-plex checks all the boxes. With a rent roll of $4920 being possible (per the HUD FMR 2025 rates), there is an opportunity to come in and increase the income as well for an easy value add opportunity. Don't miss this opportunity to capitalize on Louisville's booming real estate market!
Highlights
Home typeTownhouse
HeatingNatural Gas
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingWall/Window Unit(s)
Size3,402 sqft
Lot size0.23 Acres
Year built1961
MLS #1673019
Summary
- MLS Number: 1673019
- MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
- Office Name: Keller Williams Louisville East
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: 3/13/2025, 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
$320,000
4205 Norene Ln
$3,800
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 18, 2023 | Home Sold | $933,500 |
| Jun 02, 2022 | Home Sold | $230,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $230,000 | $2,686 |
| 2022 | $138,600 | $1,624 |
| 2021 | $112,500 | $1,624 |
| 2020 | $112,500 | $1,423 |
| 2019 | $112,500 | $1,219 |
| 2018 | $112,500 | $1,180 |
| 2017 | $112,500 | $1,180 |
History based on county public records data.
Nearby schools
3
Indian Trail Elementary School
Public Magnet KG-5
0.5 mi
•3709 E Indian Trl
3
Slaughter Elementary School
Public District KG-5
0.7 mi
•3805 Fern Valley Rd
1
Rangeland Elementary School
Public District KG-5
0.8 mi
•1701 Rangeland Rd
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 $14,839. The most common annual income of people living in Louisville, KY is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
70%
<35k
17%
35k-100k
4%
100k-200k
9%
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
32%
Single, with Kids
9%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
34%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Pro Wrestling
Where do the neighbors shop?
Burlington
Family Dollar
Express/Express For Men
Where do the neighbors go to eat?
Popeyes
Burger King
Cicis Pizza
What do the neighbors drive?
Dodge
Buick
Pontiac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4205 Norene Ln
This home is located at 4205 Norene Ln in Louisville, KY and zip code 40219 in the Newburg neighborhood. This 3,402 square foot home, which was built in 1961, sits on a 0.23 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $320,000.
Louisville, KY housing market in February 2025 saw over 94 listings sold above listed price, more than 133 sold at listed price and over 246 sold below. The number of homes for sale in Louisville, KY increased by 6.2% between January and February 2025. In February 2025, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $258,399.
From Rocket Homes Real Estate and based on county public records data.