3610 Del Park Terrace, Louisville, KY 40211 (MLS# 1711511)

3610 Del Park Terrace, Louisville, KY 40211

$980,000

Property Type: Multi Family Bedrooms: 16 Baths: 14 Square Footage: 9,824 Lot Size (sq. ft.): 0 Status: Active

Current Price: $980,000 List Date: 3/16/2026 Last Modified: 3/18/2026

Overview

Description

Value-add 14-unit multifamily investment opportunity in West Louisville. The property consists entirely of 1-bedroom, 1-bath units, with 12 units approximately 550+ SF and 2 units approximately 800+ SF. Currently generating ~$8,000/month in gross income with four vacancies, including two recently renovated units now in lease-up, offering immediate upside through stabilization and rent normalization. Market rents are $800+ for market tenants (tenant-paid gas and electric) and $950+ for Section 8 (gross). Each unit is individually metered for LG&E, with water/sewer common. Recent ownership upgrades help reduce near-term CAPEX. Convenient location with quick access to I-264 and major Louisville corridors, positioned in an area seeing continued community investment and redevelopment.

Listing Details MLS# 1711511

General Listing Information

Office Exclusive?: No
Listing Price: 980000
Property Sub Type: Quadruplex
REO/Bank Owned/HUD: No
HOA Y/N: No
HOA Annual $: 0

Location

Street #: 3610
Street: Del Park
St Suffix: Terrace
Area: 01-Dtwn Old Louisville/Shively/West Lou
County: Jefferson
State/Province: KY
Zip Code: 40211
Deed Bk: 12687
Parcel ID: 01006G00370000
Pg #: 708
Subdivision/Condo: LINDELL
Block: 006G
Lot: 0037
Directions: From Downtown Louisville, take W Broadway west, turn right on Lindell Ave, then right on Del Park Terrace. Property will be on the right at 3610 Del Park Terrace.

Contract Info

Original List Price: 980000
Disclosure: Yes

Property Description

Total # Bedrooms: 16
Total Bathrooms: 14
SqFt -Total Finished: 9824
Above Grade Finished: 9824
Below Grade Unfin: 2432
Sqft - Total Unfin: 2432
SqFt - Source: Appraiser
First Floor Laundry: No
Garage Y/N: No
Basement Y/N: Yes
Total Units: 14
Lot Size Dimensions: .15
Lot SF: 0.15
Age: 94
Year Built: 1929
Covered Parking: No
Term/Lease: See Financials
# of Furnaces: 12
# of Water Heaters: 12
Separate Meters: Yes
Sold As-Is: Yes
M Struct Flood Plain: No
Below Grade Finished: 0
Nonconform SqFt Fin: 0
Above Grade Unfin: 0
Security Deposit: No
# Parking Spaces: 0

1st Level

Total Units: 7
Living Room: 7
Full Baths: 7
Kitchen: 7
Refrigerator: 7
Range: 7
Rent: 4545

More Information

2nd Level

Total Units: 7
Living Room: 7
Full Baths: 7
Kitchen: 7
Refrigerator: 7
Range: 7
Rent: 2541

Architectural Style

Other: Yes

Utilities

Electricity Connected: Yes
Other: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Construction

Brick Veneer: Yes

Roof

Asphalt: Yes

Owner Pays

Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Heating

Radiant: Yes
Other: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes

Exterior

None: Yes

Property Features

Architectural Style: Other Construction: Brick Veneer Roof: Asphalt Owner Pays: Gas; Trash Collection; Water Tenant Pays: Cable TV; Electricity Exterior: None Utilities: Electricity Connected; Other Water Source: Public Sewer: Public Sewer Heating: Radiant; Other Cooling: Central Air; Wall/Window Unit(s)

Listing Office: Colliers

Last Updated: March - 18 - 2026

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