$49,900

2506 W Jefferson St, Louisville, KY 40212

4 beds |
2 baths |
1,948 sqft

Single-Family Home
Built in 1900
5,227sqft lot
—— car garage
$26/sqft
Listed 8 days ago

Property Description

Investor special with multiple exit strategies and serious upside potential. This large 2-story property sits on a deep lot with rear alley access and offers the opportunity to create strong cash flow or a spacious single-family home. Currently configured as a duplex with separate first and second floor units, the property could remain as two 2-bedroom, 1-bath apartments or be converted back into its original single-family layout. For investors looking to maximize rental income, area rents for renovated 2-bedroom apartments average approximately $1,000 per month per unit. Another attractive option is transforming the property into a large 5-bedroom, 2-bath single-family home with generous room sizes and strong rental demand. Market rents for comparable 5-bedroom homes are around $1,600 per month, with Section 8 rates potentially exceeding $2,000 per month. The home will require a full renovation including major repairs, updates, and layout modifications, making this a true project property for experienced investors, flippers, or landlords looking to build equity. After repair value to be approximately $200,000. Rare opportunity with flexible investment potential and rear alley access, offering ample room for parking or future improvements. Sold as-is.

Listing Status:: Active
Date Added:: June 11, 2026
Data Last Updated:: June 20, 2026 at 12:37AM
Listing Office:: simpler.realestate : +1 502-425-6000
MLS ID:: 1720175

Basement: None
A/C: None
Heating: Other
Fireplace: Fireplaces: 0

Style: Traditional
Parking: Off StreetOn Street

Roofing: ShingleOther
General: Wood FrameVinyl Siding2Crawl Space

HOA Amenities: 0.0
Originating MLS: APEX MLS (Greater Louisville Association of REALTORS®)
County: Jefferson

Zoning: 02002C00460000
Fencing: Partial

Utilities: Electricity ConnectedFuel:Natural
Water: Public
Sewer: Public Sewer

Source: APEX MLS (Greater Louisville Association of REALTORS®)

This listing courtesy of simpler.realestate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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