551 S Shelby StLouisville, KY 40202
About this home
Unique investment opportunity in Phoenix Hill! This 6-plex offers the potential to continue generating rental income or renovate and reposition the property for increased returns. It consists of 4 three bedroom units and 2 two bedroom units. Four of the six units are currently occupied, providing immediate rental income. The remaining units offer additional opportunity, however repairs are needed. Each unit is separately metered for LGE. Owner pays water/sewer/trash. The building is in need of foundation repairs; see the seller's disclosure for additional information. Property is being sold as-is. Buyer to verify square footage.
Home details
- Property type
- Apartment
- Status
- For sale
- MLS #
- 1733251
- Price per sq ft
- $48
- Days on market
- 4
- Year built
- 1995
- Living area
- 5,380 sq ft
- Heating
- Forced Air
- Cooling
- Central Air
- Construction
- Vinyl Siding
- Roof
- Shingle
- Style
- Traditional
- Subdivision
- PHOENIX HILL
- MLS area
- 00-Central Downtown District/Old Louisville
- County
- Jefferson
- HOA
- None
Features
Exterior
- None
Lot
- Corner Lot
Utilities
- Electricity Connected
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 Schempp Realty Company, Katie L Lawson. MLS# 1733251. Data provided by Greater Louisville Association of REALTORS® (APEX MLS). As of Oct 29, 2026.
