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2621 Virginia Ave, Louisville, KY, 40211

12beds
6baths
5,500sqft
$420,000
$76price/sqft
$3,389/moest. monthly cost
$135,560/yrincome needed

About This Home

Excellent investment opportunity in Louisville! This multi-family property features six spacious 2-bedroom, 1-bath units, each with separate meters for added convenience and reduced overhead. All units are currently rented, providing immediate income, while others are move-in ready—allowing an investor to quickly stabilize and maximize returns. Recent renovations throughout the building enhance the appeal for both tenants and long-term value. With strong rental demand in the area, this property offers huge income potential and is ideal for any serious investor looking to expand their portfolio. This a prime opportunity to secure a cash-flowing asset at an attractive price.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

4/10
Carter Elementary SchoolGrades K-51.2 mi
3/10
Ramsey Middle SchoolGrades 6-815.0 mi
1/10
Seneca High SchoolGrades 9-128.0 mi

Construction

Materials

  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6

Features

  • Finished area below ground: 0
  • Finished area above ground: 5,500

Heating

  • Heating features: None

Interior Area

  • Total structure area: 5,500
  • Total interior livable area: 5,500 sqft

Property

Details

  • Parcel number: 046K01180000
  • Attached to another structure: Yes

Features

  • Exterior features: None

Lot

  • Features: Sidewalk
  • Lot size dimensions: <.25

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Heat Wave

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,123$25,476
Home Insurance *$535$6,420
Property Taxes $297$3,564
Electricity $434$5,212
Total$3,389$40,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,194/yr
40% on housing$101,670/yr
45% on housing$90,373/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$76This listing

vs Other Active Listings

Avg $/sqft

ZIP 40211$72
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40211$89
Jefferson County$160

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-03Price change$420,000
2025-12-12Price change$432,180
2025-10-04Price change$441,000
2025-09-04Listed for sale$450,000
2021-01-14Listing removed--
2020-09-09Listed for sale$240,000

For Sale by Agent

AgentMontrey D Deal
BrokerageInfinite Homes Realty

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