1382 Ouerbacker Ct, Louisville, KY 40208
NONE · Jefferson County
Key Facts
Description
Located on a quiet walking court in historic Old Louisville, this 5-unit multifamily property offers a solid investment opportunity on a highly desirable walking court and in a well-established rental market. The asset features a one 2-bedroom unit, two 1-bedroom units and two studios, providing flexibility and appeal to a broad tenant base. The property benefits from consistent demand due to its proximity to the University of Louisville, attracting students, faculty, and area residents. This location supports stable occupancy and long-term rental potential. Currently under professional management, the asset offers operational stability and a streamlined ownership experience. It has coin-operated laundry, boiler heat, and window unit air conditioning. It is well-suited for both first-time investors entering the multifamily sector and experienced owners seeking to expand their presence in this sub-market.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Year Built
1920
Living Area
3,320 sq ft
Lot Size
0.09 acres
Lot Dimensions
0
Days on Market
29
MLS® Listing#
1713854
Property Features
Exterior
Heating
Construction
Roof
Utilities
Financial Details
HOA
None
Parcel Number
08032F00160000
Directions
Corner of Ouerbacker and Magnolia
Affordability Calculator
$93,800
Estimated monthly payment
$2,496/mo
Principal $375,200 · Est. interest $523,437 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Louisville, KY
- $298,209
- Median Listing Price
- 40
- Median Days on Market
- 1,710
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 2,139
- Active Listings
- This home’s price is 57% above the area median.
- Its price per sq ft is 14% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Louisville, KY.
Location
Getting Around
Points of Interest in Louisville, KY
Showing the Louisville area map.
Nearby Schools
Youth Performing Arts School
Secondary · 0.3 mi away
Noe Middle School
Secondary · 0.4 mi away
Cochran Elementary School
Elementary · 0.6 mi away
Engelhard Elementary School
Elementary · 0.6 mi away
Shelby Traditional Academy
School · 0.7 mi away
Magnolia Montessori
Elementary · 0.8 mi away
JCPS Eschool
School · 0.8 mi away
Dawson Orman Education Center
School · 0.8 mi away
Jefferson County High School
Secondary · 0.8 mi away
Male High School
Secondary · 0.8 mi away
Presentation Academy
School · 0.9 mi away
McFerran Preparatory Academy
School · 1.2 mi away
Western Day Treatment
Elementary · 1.2 mi away
St Francis High School
Secondary · 1.2 mi away
Village School of Louisville
Elementary · 1.2 mi away
Ackerly
Secondary · 1.3 mi away
St Therese Catholic Church
School · 1.4 mi away
Ahrens Educational Resource Center
Secondary · 1.4 mi away
Jefferson County Public Schools
School · 1.5 mi away
J. Graham Brown School
Secondary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1435 Mellwood Ave, Louisville, KY | $328,900 | 4 | 4 | 2,688 |
| 8813 Eli Dr, Louisville, KY | $329,000 | 3 | 3 | 1,976 |
| 835 E Washington St, Louisville, KY | $329,000 | 2 | 1 | 1,319 |
| 1429 Everett Ave 2, Louisville, KY | $329,000 | 2 | 3 | 1,813 |
| 5262 Southern Pkwy, Louisville, KY | $329,000 | 3 | 2 | 2,263 |
| 711 E Ormsby Ave, Louisville, KY | $329,000 | 3 | 3 | 1,750 |
Moving Cost Estimate
EXIT Agents in Louisville
Listing Courtesy: Colliers