1125 Homeview Dr, Louisville, KY 40215
- $125,000
- 3
- BD
- 1
- BA
- 1,230
- SqFt
- Sold Price
- $125,000
- List Price
- $125,000
- Closing Date
- Apr 15, 2026
- MLS#
- 1705828
- Status
- CLOSED
- Type
- Single Family Residential
- City
- Louisville
- Area
- 1 - Downtown / Old & West Louisville / Shively
- County
- Jefferson
- Bedrooms
- 3
- Bathrooms
- 1
- Living Area
- 1,230
- Lot Size
- 5,998
- Year Built
- 1937
Property Description
Excellent opportunity to acquire a performing single-family rental in a strong South Louisville location with immediate income and future upside. The property is currently rented at $1,150/month, providing stable cash flow from day one. Based on FY26 Section 8 rent guidelines, a new owner would be eligible to apply for rent adjustments that could push monthly rents to approximately $1,500/month, subject to Housing Authority approval and inspection. This creates a clear path to increased returns without the need for major renovations or repositioning. The home features a practical layout, solid condition, and strong rental demand, making it well-suited for long-term hold investors or buyers looking to add dependable income to their portfolio.
Additional Information
- Acres
- 0.14
- Basement
- Unfinished
- Fencing
- Chain Link, Partial
- Foundation
- Poured Concrete
- Living Area
- 1,230
- Parking
- Driveway
- Region
- 1 - Downtown / Old & West Louisville / Shively
- Stories
- 1
- Style
- Ranch
- Subdivision
- Garden Acres
- Utilities
- Electricity Connected
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Listing courtesy of RE/MAX Premier Properties. Selling Office: .