601 Revolutionary Rd, Louisville, KY 40214
NONE · Jefferson County
Key Facts
Description
This offering includes 601 Revolutionary Road and 7602 Garrison Road This well-positioned 32-unit multifamily property is located in a mature, stable South Louisville neighborhood, offering both immediate income and long-term upside. The investment includes two apartment buildings, featuring extensive renovations in most apartments, a new roof on one building and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents. Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment — a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Year Built
1970
Living Area
21,900 sq ft
Lot Dimensions
0
Days on Market
192
MLS® Listing#
1701979
Property Features
Exterior
Heating
Construction
Roof
Utilities
Financial Details
HOA
None
Parcel Number
0
Directions
Off National Turnpike
Affordability Calculator
$455,000
Estimated monthly payment
$12,109/mo
Principal $1,820,000 · Est. interest $2,539,062 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Louisville, KY
- $300,628
- Median Listing Price
- 38
- Median Days on Market
- 1,718
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 2,258
- Active Listings
- This home’s price is 657% above the area median.
- Its price per sq ft is 37% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Louisville, KY.
Location
Points of Interest in Louisville, KY
Showing the Louisville area map.
Nearby Schools
Auburndale Elementary
Elementary · 0.8 mi away
Valiant Christian Academy
School · 1.0 mi away
St. Nicholas Academy
School · 1.3 mi away
South Park Tapp
School · 1.4 mi away
Fairdale High School
Secondary · 1.6 mi away
Lassiter Middle School
Secondary · 1.7 mi away
KENWOOD Elementary
Elementary · 1.9 mi away
St. Francis DeSales High School
Secondary · 2.1 mi away
Fairdale Elementary School
Elementary · 2.1 mi away
Minors Lane Elementary School
Elementary · 2.3 mi away
Rutherford Elementary School
Elementary · 2.7 mi away
Frederick Law Olmsted Academy South
School · 2.9 mi away
Coral Ridge Elementary School
Elementary · 2.9 mi away
Evangel Christian School
School · 3.0 mi away
Iroquois High School
Secondary · 3.0 mi away
Doss High School Mca
Secondary · 3.4 mi away
Trunnell Elementary
Elementary · 3.4 mi away
Jefferson County Public Schools
Elementary · 3.4 mi away
Kentucky School of Phlebotomy
School · 3.5 mi away
Hazelwood Elementary School
Elementary · 3.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 12800 Lamel Dr, Louisville, KY | $1,595,000 | 5 | 5 | 5,280 |
| 1802 Park Boundary Rd, Louisville, KY | $1,695,000 | 4 | 4 | 3,768 |
| 1328 Bardstown Road, Louisville, KY | $1,750,000 | — | — | 5,000 |
| 222 E Witherspoon St 401-403, Louisville, KY | $1,900,000 | — | 4 | 6,403 |
| 11318 Bodley Dr, Louisville, KY | $1,900,000 | 5 | 5 | 6,968 |
| 137 Sagamore Rd, Louisville, KY | $1,950,000 | 4 | 4 | 4,811 |
Moving Cost Estimate
EXIT Agents in Louisville
Listing Courtesy: Colliers