1400 Homeview Dr, Louisville, KY 40215
- $130,000
- 4
- BD
- 2
- BA
- 1,718
- SqFt
- Sold Price
- $130,000
- List Price
- $130,000
- Closing Date
- Apr 15, 2026
- MLS#
- 1705826
- Status
- CLOSED
- Type
- Single Family Residential
- City
- Louisville
- Area
- 1 - Downtown / Old & West Louisville / Shively
- County
- Jefferson
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,718
- Lot Size
- 6,199
- Year Built
- 1939
Property Description
Excellent opportunity to acquire a cash-flowing single-family rental with a long-term tenant in place and built-in rent growth potential. This property has been occupied by the same tenant for over 5 years, providing stability and consistent income. The home is currently rented through Section 8 at $1,397/month, with payments reliably supported by the Housing Authority. Under current guidelines, a new owner would be eligible to apply for FY26 Section 8 rent increases, with projected rents up to approximately $1,900/month, subject to Housing Authority approval and inspection. The property offers a functional layout, solid condition, and low turnover history, making it an ideal buy-and-hold investment for investors seeking dependable income with upside.
Additional Information
- Acres
- 0.14
- Basement
- Unfinished
- Living Area
- 1,718
- Parking
- On Street
- Region
- 1 - Downtown / Old & West Louisville / Shively
- Stories
- 1
- Style
- Traditional
- Subdivision
- Parkdale
- Utilities
- Electricity Connected
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Listing courtesy of RE/MAX Premier Properties. Selling Office: .