551 S Shelby St, Louisville, KY 40202
551 S Shelby St, Louisville, KY 40202
551 S Shelby St, Louisville, KY 40202
551 S Shelby St, Louisville, KY 40202
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Colby Bentley

Colby Bentley

+1(502) 681-3572
$ 295,000
Est. payment | /mo

5,380 SqFt

Save
$ 295,000
Est. payment | /mo
Save

5,380 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,380 sqft

Price per Sqft $54

Subdivision Phoenix Hill

MLS Listing ID 1727867

Style Traditional

HOA Y/N No

Abv Grd Liv Area 5,380

Year Built 1995

Property Sub-Type Apartment

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 5380

Property Description

Unique investment opportunity in Phoenix Hill! This 6-plex offers the potential to continue generating rental income or renovate and reposition the property for increased returns. It consists of 4 three bedroom units and 2 two bedroom units. Four of the six units are currently occupied, providing immediate rental income. The remaining units offer additional opportunity, however repairs are needed. Each unit is separately metered for LGE. Owner pays water/sewer/trash. The building is in need of foundation repairs; see the seller's disclosure for additional information. Property is being sold as-is. Buyer to verify square footage.

Location

State KY

County Jefferson

Direction Two blocks north of Broadway at the corner of S. Shelby and E. Chestnut.

Interior

Heating Forced Air

Cooling Central Air

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot

Sewer Public Sewer

Architectural Style Traditional

Structure Type Vinyl Siding

Greater Louisville MLS (Metro Search Inc)
Copyright 2026 Metro Search, Inc.
Listed by Schempp Realty Company

Nearby Locations

Colby Bentley

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(502) 681-3572

colby@colbybentley.com

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551 S Shelby St