1155 S 28th St, Louisville, KY 40211

$799,000

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… Read More 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. Read Less

Courtesy of Sharon Y Gazaway-Bell, BellMan Realty LLC.

Listing Snapshot

Days Online

Last Updated

Jul 14, 2026

Property Type

Apartment

Beds

Square Ft.

7,959

Lot Size

0.18 Acres

Year Built

1900

MLS Number

1723199

30 Days Snapshot Of 40211

$111k

-33%

(avg) sold price

-10%

homes sold

-4%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Architectural Style: "Contemporary", Building Area Source: Other, Building Area Total: 7,959, Construction Materials: "Brick", Living Area: 7,959, Number Of Units Total: 6, Year Built: 1900

Cooling

Cooling Included, Cooling: "Wall/Window Unit(s)"

Exterior Features

Features: "None", Patio And Porch Features: "Porch", Patio And Porch Features: "Porch"

Heating

Heating: "Forced Air", "Natural Gas", Heating Included

Home Owner's Association

Association Fee: $0

Lot

Features: "Corner Lot", 0.18 acres, Area: 7928, Dimensions: 00 x 00, 7,928 square feet

Owner Pays

Owner Pays: "Sewer", "Water"

Property

Parcel Number: 06046K00570000, Property Sub Type: Apartment

Roof

Roof: "Flat", "Rolled/Hot Mop"

Sewer

Sewer: "Public Sewer"

Taxes

Tax Lot: 0057

Tenant Pays

Tenant Pays: "Cable TV", "Electricity", "Gas"

Utilities

Utilities: "Fuel:Natural", Water Source: "Public"

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