2020 Midland Ave, Louisville, KY 40204

$1,810,000
Property Type: Multi Family Square Footage: 7,722 Status: Active
Current Price: $1,810,000 List Date: 4/06/2026 Last Modified: 4/06/2026

Overview

Description

Located in the historic Cherokee Triangle, this 14-unit property is a rare generational offering. Purpose-built as apartments—an uncommon feature in this submarket—it consists of fourteen 1BR/1BA units with rents well below the sub-market averages. It is just steps from Louisville's most walkable corridors, with convenient access to shopping, dining, and services. Held by the same ownership for decades, the property has benefited from consistent professional management. Units feature forced air heating and central air, with tenants responsible for gas and electric, helping to control operating expenses. Additional savings are achieved through a water and trash recapture program.

Supplements: While current unit conditions meet market demand, there is an opportunity for a new owner to implement upgrades and drive further rent growth. The property has been well maintained with no significant deferred maintenance, and a full electrical panel upgrade was completed in 2023. Opportunities like this are rare, offering stable cash flow and lon ...

Listing Details MLS# 1713484

General Listing Information

Office Exclusive?
No
Listing Price
1810000
Property Sub Type
Apartment
HOA Y/N
No
HOA Annual $
0

Location

Street #
2020
Street
Midland
St Suffix
Ave
Area
02-Butchertwn/Hghlnds/Germantwn
County
Jefferson
State/Province
KY
Zip Code
40204
Parcel ID
10075F00270000
Subdivision/Condo
NONE
Directions
Off Bardstown Rd.
Deed Bk
No
Pg #
No
Block
No
Lot
No

Contract Info

Original List Price
1810000
Disclosure
No

Property Description

SqFt -Total Finished
7722
Above Grade Finished
7722
SqFt - Source
Other
First Floor Laundry
No
Garage Y/N
No
Basement Y/N
No
Total Units
14
Lot Size Dimensions
58.5X160
Year Built
1960
# Parking Spaces
14
Covered Parking
No
Separate Meters
Yes
Sold As-Is
No
M Struct Flood Plain
No
Below Grade Finished
0
Nonconform SqFt Fin
0
Above Grade Unfin
0
Below Grade Unfin
0
Sqft - Total Unfin
0
Security Deposit
No
Age
0
Term/Lease
No
# of Furnaces
0
# of Water Heaters
0

More Information

Architectural Style

Contemporary
Yes

Utilities

Electricity Connected
Yes

Construction

Brick
Yes

Roof

Shingle
Yes

Heating

Forced Air
Yes

Exterior

Balcony
Yes

Property Features

Architectural Style: Contemporary Construction: Brick Roof: Shingle Exterior: Balcony Utilities: Electricity Connected Heating: Forced Air
Listing Office: Colliers
Source MLS Verified
Last Updated: April - 06 - 2026
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