407 S 39th St, Louisville, KY 40212

• 4 beds |
• 2 baths |
• 2,016 sqft

Property Description

Attention Investors! Don't miss this opportunity to own a two-story duplex with strong income potential and room to add value. This multi-family property features two 2-bedroom, 1-bathroom units, making it an excellent addition to an investment portfolio or an ideal owner-occupant opportunity. Unit 1 offers a spacious living room, two bedrooms, a kitchen, a bonus room, and an updated full bathroom. Unit 2, located on the upper level, features a comfortable living room, two bedrooms, a full bathroom, a kitchen, and a mudroom. While the property could benefit from some TLC, it presents a great opportunity for investors with vision to increase its value and maximize rental income. Both units are currently occupied on month-to-month leases, providing flexibility for future plans. Market rents for comparable two-bedroom units in the area are approximately $800-$900 per month, offering potential for increased cash flow. Whether you're looking to expand your rental portfolio, start your journey as a landlord, or live in one unit while renting the other, this property offers excellent possibilities. Conveniently located near the historic Shawnee Park area, residents will enjoy easy access to parks, recreation, and local amenities. Property sold AS IS with absolutely no warranties expressed written or implied. Buyer to verify any and all information or lack of information including but not limited to square footage, lot size, utilities, zoning, comparables, # of beds, # of bath, etc.

Listing Status:

Active

Date Added:

July 27, 2026

Data Last Updated:

August 6, 2026 at 3:36AM

Listing Office:

DREAM J P Pirtle REALTORS : 502-458-2722

MLS ID:

1724492

Interior

• A/C: Central Air
• Heating: Forced Air

Exterior

• General: See Remarks
• Style: Traditional

Construction

• Roofing: Shingle
• General: Brick

Location

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

Lot

• Zoning: 01008F00320000

Utilities

• Utilities: Electricity ConnectedFuel:Natural
• Water: Public

Financial

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