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Excellent opportunity to acquire a cash-flowing single-family rental with a long-term tenant in place and built-in rent growth potential. This property has been occupied by the same tenant for over 5 years, providing stability and consistent income.The home is currently rented through Section 8 at $1,397/month, with payments reliably supported by the Housing Authority. Under current guidelines, a new owner would be eligible to apply for FY26 Section 8 rent increases, with projected rents up to approximately $1,900/month, subject to Housing Authority approval and inspection.The property offers a functional layout, solid condition, and low turnover history, making it an ideal buy-and-hold investment for investors seeking dependable income with upside.
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Additional Information:
Building Description: Traditional
MLS Area: 01-Dtwn Old Louisville/Shively/West Lou
Total Square Footage: 1,718
Total Rooms: 8
Water: Public
Construction: Wood Frame
Date Listed: 2025-12-29 18:14:22
Parking: On Street
Garage Spaces: 0
Heating: Natural Gas
Cooling: Central Air
Sewer: Public Sewer
Map of 1400 Homeview Dr, Louisville, KY 40215
Listing Courtesy Of: Re/Max Premier Properties
ryan@ryanbrownrealestate.com