Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

4203 Norene Ln, Louisville, KY, 40219

8beds
4baths
3,395sqft
$458,988
$135price/sqft
$3,167/moest. monthly cost
$126,680/yrincome needed

About This Home

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.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

3/10
3/10
1/10
Southern High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Crawl Space,Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Stone Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Family Room

  • Level: First

Family Room

  • Level: First

Family Room

  • Level: Second

Family Room

  • Level: Second

Features

  • Finished area below ground: 0
  • Finished area above ground: 3,395

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,395
  • Total interior livable area: 3,395 sqft

Kitchen

  • Level: First

Kitchen

  • Level: First

Kitchen

  • Level: Second

Kitchen

  • Level: Second

Property

Details

  • Parcel number: 23087000870079

Features

  • Stories: 2
  • Patio & porch: Porch
  • Fencing: Partial,Chain Link

Lot

  • Lot size: 0.26 Acres
  • Features: Sidewalk
  • Lot size dimensions: 0.2557

Parking

  • Total spaces: 5
  • Parking features: Off Street
  • Covered spaces: 5
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 5