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$655,900Reduced $143,100
For sale

1155 S 28th StLouisville, KY 40211

15 beds10 baths7,959 sq ft0.18 acre1900 built

Apartment · 113 days on market · MLS# 1723199

About this home

Parkland 6-Plex - Prime Investment Opportunity in the Heart of Louisville's Urban Revitalization Don't miss this exceptional 6-unit multifamily property located in Louisville's historic Parkland neighborhood, one of the city's most active areas of revitalization and redevelopment. Positioned in the heart of Louisville, this property offers investors an outstanding opportunity to own a cash-flowing asset in a neighborhood experiencing significant public and private investment. The Parkland Neighborhood Plan envisions a vibrant, walkable community with restored commercial corridors, expanded housing options, improved public spaces, and continued economic development. This six-plex is ideally situated near the newly reopened Parkland Library, Parkland Medical Plaza, the historic business district, downtown Louisville, public transportation, The Norton Full Service hospital, The Goodwill Opportunity Campus, restaurants, shopping, and major employers. The neighborhood continues to benefit from infrastructure improvements and community-focused redevelopment, making it an attractive location for both residents and long-term investors. Whether you're looking to expand your rental portfolio, execute a value-add strategy, or invest in one of Louisville's emerging neighborhoods, this property offers strong potential in a market where demand for quality rental housing continues to grow. Investment Highlights: • Six-unit multifamily property with spacious three-bedroom apartments • Each apartment is individually metered for gas and electricity, allowing tenants to pay their own utilities while helping reduce owner operating expenses. • On-street parking is conveniently available directly in front of the building. • Located in Louisville's historic Parkland neighborhood • Minutes from Downtown Louisville • Quick access to the expressway for an easy commute throughout Louisville and Southern Indiana • Located on a TARC bus line, Kroger, shopping, dining, Norton Healthcare, and Goodwill employment centers • Positioned within an area of ongoing neighborhood revitalization and redevelopment • Excellent opportunity for cash flow and long-term appreciation This is your chance to invest in a turnkey multifamily in a neighborhood with a rich history, strong community support, and an exciting future. Schedule your private tour today.

Home details

Property type
Apartment
Status
For sale
MLS #
1723199
Price per sq ft
$82
Days on market
113
Original list price
$799,000
Year built
1900
Living area
7,959 sq ft
Lot size
0.18 acres
Bathrooms
10
Heating
Natural Gas, Forced Air
Cooling
Wall/Window Unit(s)
Construction
Brick
Roof
Flat, Rolled/Hot Mop
Style
Contemporary
Subdivision
NONE
MLS area
01-Dtwn Old Louisville/Shively/West Lou
County
Jefferson
HOA
None
Water
Public

Features

Exterior

  • None

Patio & porch

  • Porch

Lot

  • Corner Lot

Utilities

  • Fuel:Natural

Estimated monthly payment

Principal & interest: — / month

Estimate only. Excludes taxes, insurance, HOA dues and PMI. Rates change daily; use your actual quote. Ryan can connect you with local lenders if you want a real number.

Location

Listing courtesy of BellMan Realty LLC, Sharon Y Gazaway-Bell. MLS# 1723199. Data provided by Greater Louisville Association of REALTORS® (APEX MLS). As of Oct 20, 2026.

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Listing information is provided courtesy of the Greater Louisville Association of REALTORS® (APEX MLS) via Internet Data Exchange (IDX) and is updated throughout the day. Not every MLS listing is available through IDX. All information is deemed reliable but not guaranteed and should be independently verified. Listings include the name of the listing brokerage. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated Oct 20, 2026.