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Cash-flowing 4-plex generating approximately $4,800 per month, offering immediate in-place income in one of South Louisville's most reliable rental corridors. Fully leased and stabilized, this property presents a strong opportunity for investors seeking consistent cash flow with minimal upfront work. Each unit features 2 bedrooms and 1 bathroom with updated interiors, LVP flooring, washer and dryer hookups, and renovated kitchens and baths. Separate furnaces and central air systems for each unit allow for efficient operation and simplified long-term management. Positioned just off Preston Hwy near the Outer Loop with quick access to I-65, retail, and dining, this location continues to support strong tenant demand and stable occupancy. Well-maintained multi-family assets at this price point with this level of income and condition are increasingly difficult to find. Ideal for investors seeking a clean, low-maintenance property with immediate returns and long-term upside.
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Additional Information:
Building Description: Traditional
MLS Area: 06-Buechel/Hghvw/Okolona/Ferncreek
Total Square Footage: 3,395
Total Rooms: 8
Water: Public
Construction: Stone Veneer
Date Listed: 2026-04-03 00:00:00
Parking: Off Street
Roof: Shingle
Heating: Natural Gas
Cooling: Central Air
Sewer: Public Sewer
Lot Desc.: Sidewalk
Parcel ID: 23087000870079
Map of 4203 Norene Ln, Louisville, KY 40219
Listing Courtesy Of: Diamond Key Realtors