1909 San Jose Ave, Louisville, KY 40216
ROGGENKAMP PLACE · Jefferson County
Key Facts
Description
Strong Performing 12-Unit Investment Opportunity on Corner Lot! This well-maintained 12-plex sits on a desirable corner lot with ample off-street parking, making it highly attractive to tenants. The property has seen numerous updates, including the addition of a coin-operated laundry facility in the basement—providing both tenant convenience and an additional income stream. The current rent roll is $9,050/month, with scheduled increases bringing it to $9,400/month as of June 1, 2026. Over the past two years, ownership has successfully increased rents from $6,575 to current levels, demonstrating proven upside and continued value-add potential. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. A turnkey investment that is easy to manage and positioned for continued income expansion.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Style
High Rise
Year Built
1963
Living Area
6,048 sq ft
Lot Dimensions
152X160
Parking Spaces
20
Days on Market
30
MLS® Listing#
1713938
Property Features
- Exterior:
- None
- Cooling:
- Wall/Window Unit(s)
- Heating:
- Other
- Lot Features:
- Corner Lot
- Construction:
- Brick
- Roof:
- Shingle
- Utilities:
- Electricity Connected
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- HOA:
- None
- Parcel #:
- 109300230000
Directions
I264 Watterson Expwy to Dixie Hwy then turn right onto San Jose Ave
Affordability Calculator
$190,000
Estimated monthly payment
$5,056/mo
Principal $760,000 · Est. interest $1,060,268 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Louisville, KY
- $300,733
- Median Listing Price
- 41
- Median Days on Market
- 1,719
- Median Sq Ft
- $165
- Median Price / Sq Ft
- 2,202
- Active Listings
- This home’s price is 216% above the area median.
- Its price per sq ft is 5% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Louisville, KY.
Location
- 1909 San Jose Ave, Louisville, KY 40216
Nearby Schools
Notre Dame Academy
School · 0.4 mi away
Catholic Schools
School · 0.6 mi away
Chapel Hill Preschool
School · 0.7 mi away
Gutermuth Elementary School
Elementary · 0.9 mi away
Holy Cross High School
Secondary · 1.0 mi away
Western High School
Secondary · 1.1 mi away
Kerrick Elementary School
Elementary · 1.1 mi away
Butler Traditional-Tech High School
Secondary · 1.1 mi away
Schaffner Traditional Elementary
Elementary · 1.2 mi away
Mill Creek Elementary School
Elementary · 1.6 mi away
Jacob Elementary School
Elementary · 1.8 mi away
Trunnell Elementary
Elementary · 1.8 mi away
Doss High School Mca
Secondary · 1.8 mi away
Crums Lane Elementary
Elementary · 1.9 mi away
Farnsley Middle School
Secondary · 1.9 mi away
Kentucky School of Phlebotomy
School · 2.0 mi away
Wellington Elementary School
Elementary · 2.1 mi away
St Paul School
Secondary · 2.1 mi away
Hazelwood Elementary School
Elementary · 2.1 mi away
Shacklette Elementary
Elementary · 2.1 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Louisville
Listing Courtesy: Genesis Realty LLC - 5024687553