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2730 S 4th St, Louisville, KY, 40208

5beds
2baths
3,440sqft
$415,000
$121price/sqft
$3,242/moest. monthly cost
$129,680/yrincome needed

About This Home

Prime 5-Plex Investment! Steps from UofL's Baseball Stadium and minutes to Churchill Downs, this fully rented multi-family is loaded with upside. Featuring long-term tenants, solid rental history, and recent renovations that keep expenses low, this property offers reliable cash with a gross rent of $56,868 flow in a location tenants love. With proximity to campus, downtown, and major attractions, units here stay in demand year-round. A rare chance to own a turnkey property in one of Louisville's hottest rental corridors—don't miss it!

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
75
BikeVery Bikeable

Schools

3/10
7/10
Noe Middle SchoolGrades 6-81.1 mi
1/10
Iroquois High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: Apartment
  • Architectural style: Traditional
  • Property subType: Apartment

Interior

Bedrooms & Bathrooms

  • Bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 3,440

Heating & Cooling

  • Heating features: MiniSplit/Ductless
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,440
  • Total interior livable area: 3,440 sqft

Property

Details

  • Parcel number: 11050F01760000
  • Attached to another structure: Yes

Features

  • Exterior features: None

Lot

  • Lot size: 2,275 sqft
  • Lot size dimensions: 35 x 65

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

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

How This Home’s Risks Compare

Tornado
Heat Wave
Inland Flooding

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 $2,098$25,176
Home Insurance *$580$6,960
Property Taxes $293$3,516
Electricity $271$3,259
Total$3,242$38,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,154/yr
40% on housing$97,260/yr
45% on housing$86,453/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

$121This listing

vs Other Active Listings

Avg $/sqft

ZIP 40208$100
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40208$120
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
2026-04-13Price change$410,000
2025-11-17Listed for sale$420,000
2025-11-14Listing removed$420,000
2025-11-09Price change$420,000
2025-10-08Listed for sale$450,000
2018-07-03Listing removed$575
2018-06-02Listed for rent$575
2016-02-24Listing removed$500
2015-10-30Listed for rent$500
2015-02-19Listing removed$500
2015-01-11Listed for rent$500
2014-10-20Listing removed$500
2014-07-17Listed for rent$500
2013-12-31Listing removed$500
2013-12-18Listed for rent$500

For Sale by Agent

AgentGibin George
BrokerageKeller Williams Collective

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