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$469,900
For sale

1429 Morton AveLouisville, KY 40204

3 beds2 baths2,252 sq ft0.08 acre1900 built

Duplex · 24 days on market · MLS# 1731542

About this home

TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF THE HIGHLANDS! Beautifully remodeled duplex offering 2,252 square feet of updated living space in one of Louisville's most desirable neighborhoods! Priced at $469,900, this income-producing property generates $3,100 in monthly rental income ($37,200 annually), with reported annual operating expenses of just $6,350. That's an estimated Net Operating Income (NOI) of $30,850 and an attractive 6.57% CAP RATE! Extensively renovated and move-in ready, this duplex offers two separate residential units, making it an excellent opportunity for investors seeking immediate rental income or owner-occupants looking to live in one unit while generating income from the other. Located in the vibrant Highlands neighborhood, residents enjoy convenient access to popular restaurants, boutiques, coffee shops, nightlife, parks, and entertainment. Just minutes from downtown Louisville and UofL! PRIME LOCATION + EXTENSIVE RENOVATIONS + ESTABLISHED RENTAL INCOME! A fantastic opportunity to own an income-producing property in the Highlands. See attached improvements for extensive remodel performed on this property. Schedule your private showing today!

Home details

Property type
Duplex
Status
For sale
MLS #
1731542
Price per sq ft
$209
Days on market
24
Year built
1900
Living area
2,252 sq ft
Lot size
0.08 acres
Bathrooms
2
Heating
Natural Gas, Forced Air
Cooling
Central Air
Construction
Wood Frame, Vinyl Siding
Roof
Shingle
Style
Traditional
Subdivision
NONE
MLS area
02-Butchertwn/Hghlnds/Germantwn
County
Jefferson
HOA
None
Water
Public

Features

Exterior

  • See Remarks

Patio & porch

  • Deck
  • Porch

Lot

  • Sidewalk

Utilities

  • Electricity Connected
  • 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 Caperton Realty, Deborah Kaufman. MLS# 1731542. Data provided by Greater Louisville Association of REALTORS® (APEX MLS). As of Oct 10, 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 10, 2026.