4342 Newport RdLouisville, KY 40218
About this home
Great investment opportunity featuring four fully occupied 2 bedroom, 1 bath apartments with a solid rental history and dependable cash flow. Several long term tenants have called this property home for over seven years, providing excellent stability for investors. Each unit offers laundry hookups, with additional laundry hookups located in the basement and private storage areas in the basement that present potential for additional income. Major improvements completed in 2018 include the roof, HVAC systems, appliances, and pavement, helping reduce future maintenance expenses. Conveniently located within walking distance of GE, FedEX TARC bus lines, ALDI and other everyday amenities, making it an attractive location for tenants. Owner pays water, sewer, electric and trash pickup, tenants are responsible to pay electric and gas service. May be purchased together with 4920 Cawood Drive, just down the street, for an excellent portfolio opportunity.
Home details
- Property type
- Quadruplex
- Status
- For sale
- MLS #
- 1723408
- Price per sq ft
- $125
- Days on market
- 111
- Year built
- 1972
- Living area
- 3,430 sq ft
- Lot size
- 0.22 acres
- Bathrooms
- 4
- Cooling
- Central Air
- Construction
- Brick Veneer
- Roof
- Asphalt
- Style
- Other
- Subdivision
- NORFOLK ESTATES
- MLS area
- 06-Buchel/Hghvw/okolona/FernCreek
- County
- Jefferson
- HOA
- $200
- Water
- Public
Features
Exterior
- None
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 Schuler Bauer Real Estate Services ERA Powered, Terry Golladay. MLS# 1723408. Data provided by Greater Louisville Association of REALTORS® (APEX MLS). As of Jul 21, 2026.





