1382 Ouerbacker Ct, Louisville, KY, 40208
About This Home
Located on a quiet walking court in historic Old Louisville, this 5-unit multifamily property offers a solid investment opportunity on a highly desirable walking court and in a well-established rental market. The asset features a one 2-bedroom unit, two 1-bedroom units and two studios, providing flexibility and appeal to a broad tenant base. The property benefits from consistent demand due to its proximity to the University of Louisville, attracting students, faculty, and area residents. This location supports stable occupancy and long-term rental potential. Currently under professional management, the asset offers operational stability and a streamlined ownership experience. It has coin-operated laundry, boiler heat, and window unit air conditioning. It is well-suited for both first-time investors entering the multifamily sector and experienced owners seeking to expand their presence in this sub-market.
Getting Around
Very Walkable
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1920
Materials
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: Apartment
- Property subType: Apartment
Interior
Basement
- Has basement: Yes
Features
- Finished area below ground: 0
- Finished area above ground: 3,320
Heating
- Heating features: Other
Interior Area
- Total structure area: 3,320
- Total interior livable area: 3,320 sqft
Property
Details
- Parcel number: 08032F00160000
- Attached to another structure: Yes
Features
- Exterior features: Balcony
Lot
- Lot size: 3,920 sqft
- Lot size dimensions: 0
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
- Heat Wave
- Inland Flooding
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Kentucky Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,371 | $28,452 |
| Home Insurance * | $655 | $7,860 |
| Property Taxes | $332 | $3,984 |
| Electricity | $262 | $3,146 |
| Total | $3,620 | $43,440 |
Income You'd Need if You Spent...
Kentucky FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Price change | $469,000 |
| 2026-04-09 | Listed for sale | $497,000 |
| 2016-09-30 | Sold | $235,000 |
| 2016-09-06 | Pending sale | $265,000 |
| 2016-07-28 | Price change | $265,000 |
| 2016-06-01 | Listed for sale | $275,000 |
| 2012-03-23 | Listing removed | $205,000 |
| 2011-03-02 | Price change | $205,000 |
| 2011-02-25 | Listed for sale | $205 |
| 2011-01-17 | Listing removed | $205,000 |
| 2009-05-16 | Price change | $205,000 |
| 2009-05-02 | Price change | $227,000 |
| 2009-04-26 | Price change | $228,000 |
| 2009-04-05 | Price change | $229,000 |
| 2009-03-15 | Listed for sale | $239,900 |
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