4327 Southern Pkwy, Louisville, KY 40214

$2,200,000
Property Type: Multi Family Square Footage: 19,506 Status: Closed
Current Price: $2,200,000 List Date: 9/05/2025 Last Modified: 11/18/2025

Overview

Description

This listing includes both 4321 and 4327 Southern Parkway. 4321 is 11 units (seven 1BR/1BA, four studio) and 4327 is 14 units (all 2BR/1BA), for a total of 25. Located in an excellent section of Southern Parkway, at I264 and minutes from U of L, these properties have undergone extensive renovation and improvement. The seller has updated most of the apartments including kitchens and bathrooms, repaved parking lots, installed mini splits, replaced windows, replaced exterior stairs, insulated the buildings, and more. The units are a mix of hardwood, LVP, and low-maintenance epoxied concrete floors. They are all separately metered for LGE. There is off street parking and on site laundry (tenants pay a flat fee for laundry access).

Supplements: City trash is included, so there is no dumpster expense. The 4321 roof is approx. 7 years old, and 4327 roof is approx. 10 years old. These buildings are an excellent opportunity for a buyer to invest in multifamily in an appreciating location.

Listing Details MLS# 1697419

General Listing Information

Office Exclusive?
No
Listing Price
1950000
Property Sub Type
Apartment
HOA Y/N
No
HOA Annual $
0

Location

Street #
4327
Street
Southern
St Suffix
Pkwy
Area
01-Dtwn Old Louisville/Shively/West Lou
Sub Area
A
County
Jefferson
State/Province
KY
Zip Code
40214
Subdivision/Condo
NONE
Directions
264 to Southern Pkwy
Deed Bk
No
Parcel ID
No
Pg #
No
Block
No
Lot
No

Contract Info

Original List Price
1950000
Disclosure
No

Property Description

SqFt -Total Finished
28310
Above Grade Finished
19506
Below Grade Finished
8804
SqFt - Source
Other
First Floor Laundry
No
Garage Y/N
No
Basement Y/N
Yes
Total Units
25
Year Built
1947
Covered Parking
No
Separate Meters
Yes
Sold As-Is
No
M Struct Flood Plain
No
Nonconform SqFt Fin
0
Above Grade Unfin
0
Below Grade Unfin
0
Sqft - Total Unfin
0
Lot Size Dimensions
No
Security Deposit
No
Age
0
# Parking Spaces
0
Term/Lease
No
# of Furnaces
0
# of Water Heaters
0

Status Change Info

Contract Acceptance Date
2025-10-27
Sold Date
2025-11-18

More Information

Utilities

Electricity Connected
Yes

Construction

Brick
Yes

Roof

Shingle
Yes

Heating

MiniSplit/Ductless
Yes

Exterior

None
Yes

Property Features

Construction: Brick Roof: Shingle Exterior: None Utilities: Electricity Connected Heating: MiniSplit/Ductless
Listing Office: PRG Commercial Property Advisors
Source MLS Verified
Last Updated: November - 18 - 2025
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