402 N Hite Ave, Louisville, KY 40206

$1,797,000
Property Type: Multi Family Square Footage: 11,040 Lot Size (sq. ft.): 25,003 Status: Active
Current Price: $1,797,000 List Date: 4/09/2026 Last Modified: 4/09/2026

Overview

Description

This 20-unit multifamily asset is ideally situated just off Lower Brownsboro Road in the established Clifton Heights submarket of East Louisville. The property consists entirely of one-bedroom, one-bathroom units, a highly desirable configuration that supports consistent tenant demand and strong occupancy. Residents benefit from a convenient location with easy access to nearby retail, dining, and everyday amenities, enhancing the property's long-term rental appeal. The asset is professionally managed and features separately metered units with electric HVAC systems. Tenants are responsible for their own heating and cooling costs, helping to minimize operating expenses and reduce ownership risk.

Supplements: Significant capital improvements have been completed over the past five years, including updates to roofs, windows, and HVAC systems, contributing to the property's overall stability and reduced near-term capital needs. This offering represents an opportunity to acquire a well-maintained, income-producing asset in a proven infill location within E ...

Listing Details MLS# 1713853

General Listing Information

Office Exclusive?
No
Listing Price
1797000
Property Sub Type
Apartment
HOA Y/N
No
HOA Annual $
0

Location

Street #
402
St Dir
N
Street
Hite
St Suffix
Ave
Area
03-Clifton/Crescent Hill/St Matthews
County
Jefferson
State/Province
KY
Zip Code
40206
Deed Bk
12690
Parcel ID
05088C00880000
Pg #
323
Subdivision/Condo
NONE
Directions
N. Hite off Brownsboro Road
Block
No
Lot
No

Contract Info

Original List Price
1797000
Disclosure
No

Property Description

SqFt -Total Finished
11040
Above Grade Finished
11040
Below Grade Unfin
5520
Sqft - Total Unfin
5520
SqFt - Source
Other
First Floor Laundry
No
Garage Y/N
No
Basement Y/N
Yes
Total Units
20
Lot SF
25003
Age
60
Year Built
1966
Covered Parking
No
Separate Meters
No
Sold As-Is
Yes
M Struct Flood Plain
Under Review
Below Grade Finished
0
Nonconform SqFt Fin
0
Above Grade Unfin
0
Lot Size Dimensions
No
Security Deposit
No
# Parking Spaces
0
Term/Lease
No
# of Furnaces
0
# of Water Heaters
0

More Information

Architectural Style

Traditional
Yes

Utilities

Other
Yes

Construction

Brick
Yes

Roof

Asphalt
Yes

Heating

Other
Yes

Exterior

None
Yes

Property Features

Architectural Style: Traditional Construction: Brick Roof: Asphalt Exterior: None Utilities: Other Heating: Other
Listing Office: Colliers
Source MLS Verified
Last Updated: April - 09 - 2026
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