Description of 916 Shelby Pkwy, Louisville, KY 40204
Listing details for 916 Shelby Pkwy, Louisville, KY 40204 : Excellent investment opportunity in the Germantown area featuring two duplexes on one parcel with frontage on both Shelby Pkwy and Dandridge Ave. Property includes four total units: 916 Shelby Pkwy (Units A & B) and 917 Dandridge Ave (Units A & B), offering strong income potential and value-add upside. 916 Shelby Pkwy Unit A is a spacious 1BR/1BA with a loft area often used as a second bedroom. Unit includes in-unit washer and dryer. Currently rented at $1,015/month, well below market, with prior rents exceeding $1,300/month. 916 Shelby Pkwy Unit B is a 1BR/1BA unit and is currently vacant, providing immediate lease-up opportunity at market rent. 917 Dandridge Ave Unit A is a 2BR/1BA currently rented at $1,000/month, below market value. In-unit washer and dryer 917 Dandridge Ave Unit B is an efficiency-style 1BR/1BA unit and is currently vacant. In-unit washer and dryer Two vacant units allow for immediate income optimization. Strong upside through rent increases and potential improvements. Unique dual-street access enhances tenant appeal and leasing flexibility. Ideal for investors seeking cash flow with value-add potential.
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Listing Updated : 04-24-2026 at 6:49 PM EDT
Property Details
Overview
Status
Active
MLS #ID
1715574
Price
$390,000
Bedrooms
0
Bathrooms
0
Square Footage
2,694
Acres
Year
1948
Days on Site
12
Property Type
Residential Income
Property Sub Type
Quadruplex
Price per Sq Ft
$145
Date Listed
Apr 24, 2026
Community Information for 916 Shelby Pkwy, Louisville, KY 40204