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
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.
More Information MLS# 1697419
General Listing Information
Office Exclusive?: No
HOA Y/N: No
HOA Annual $: 0
Status: Closed
Listing Date: 2025-09-05
Listing Price: 1950000
Property Sub Type: Apartment
Status Change Info
Status: Closed
Contract Acceptance Date: 2025-10-27
Sold Date: 2025-11-18
Sold Price: $2,200,000
Contract Info
Disclosure: No
Original List Price: 1950000
Location
Sub Area: A
Deed Bk: 0
Parcel ID: 0
Pg #: 0
Block: 0
Lot: 0
Directions: 264 to Southern Pkwy
Street #: 4327
Street: Southern
St Suffix: Pkwy
Area: 01-Dtwn Old Louisville/Shively/West Lou
County: Jefferson
State/Province: KY
Zip Code: 40214
Subdivision/Condo: NONE
Geo Lat: 38.191473
Geo Lon: -85.766093
Property Description
SqFt -Total Finished: 28310
Above Grade Finished: 19506
Below Grade Finished: 8804
Nonconform SqFt Fin: 0
Above Grade Unfin: 0
Below Grade Unfin: 0
Sqft - Total Unfin: 0
SqFt - Source: Other
First Floor Laundry: No
Garage Y/N: No
Basement Y/N: Yes
Total Units: 25
Lot Size Dimensions: 0
Security Deposit: 0
Age: 0
# Parking Spaces: 0
Covered Parking: No
Term/Lease: 0
# of Furnaces: 0
# of Water Heaters: 0
Separate Meters: Yes
Sold As-Is: No
M Struct Flood Plain: No
Year Built: 1947
Utilities
Electricity Connected: 1
Construction
Brick: 1
Roof
Shingle: 1
Heating
MiniSplit/Ductless: 1
Exterior
None: 1
None
Current Price: $2,200,000
Property Features
Construction: Brick
Roof: Shingle
Exterior: None
Utilities: Electricity Connected
Heating: MiniSplit/Ductless
Listing Office:
PRG Commercial Property Advisors
Last Updated: November - 18 - 2025
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