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916 Shelby Pkwy, Louisville, KY, 40204

--beds
--baths
2,694sqft
$390,000
$145price/sqft
$2,898/moest. monthly cost
$115,920/yrincome needed

About This Home

Excellent investment opportunity in the Germantown area featuring two duplexes on one parcel with frontage on both Shelby Pkwy and Dandridge Ave. Property includes four total units: 916 Shelby Pkwy (Units A & B) and 917 Dandridge Ave (Units A & B), offering strong income potential and value-add upside. 916 Shelby Pkwy Unit A is a spacious 1BR/1BA with a loft area often used as a second bedroom. Unit includes in-unit washer and dryer. Currently rented at $1,015/month, well below market, with prior rents exceeding $1,300/month. 916 Shelby Pkwy Unit B is a 1BR/1BA unit and is currently vacant, providing immediate lease-up opportunity at market rent. 917 Dandridge Ave Unit A is a 2BR/1BA currently rented at $1,000/month, below market value. In-unit washer and dryer 917 Dandridge Ave Unit B is an efficiency-style 1BR/1BA unit and is currently vacant. In-unit washer and dryer Two vacant units allow for immediate income optimization. Strong upside through rent increases and potential improvements. Unique dual-street access enhances tenant appeal and leasing flexibility. Ideal for investors seeking cash flow with value-add potential.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
75
BikeVery Bikeable

Schools

2/10
5/10
Meyzeek Middle SchoolGrades 6-80.8 mi
1/10

Construction

Condition

  • Year built: 1948

Materials

  • Roof: Shingle
  • Construction materials: Wood Frame,Block,Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Quadruplex

Interior

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,694

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,694
  • Total interior livable area: 2,694 sqft

Property

Details

  • Parcel number: 025D00290000
  • Attached to another structure: Yes

Features

  • Patio & porch: Porch
  • Exterior features: None

Lot

  • Lot size: 4,482 sqft
  • Features: Dead End,Sidewalk
  • Lot size dimensions: .1029

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
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Tornado

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 $1,972$23,664
Home Insurance *$283$3,396
Property Taxes $431$5,172
Electricity $212$2,553
Total$2,898$34,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,360/yr
40% on housing$86,940/yr
45% on housing$77,280/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

$145This listing

vs Other Active Listings

Avg $/sqft

ZIP 40204$167
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40204$214
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
2026-04-24Listed for sale$390,000
2015-12-01Listing removed$109,900
2015-11-24Listed for sale$109,900
2014-01-31Sold$96,000
2013-11-19Price change$109,900
2013-09-14Listed for sale$119,900

For Sale by Agent

AgentShawn Owens
BrokerageBeck Realty Group

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