1035 Baxter Ave Louisville, KY 40204 Active
UPDATED: 03/30/2026 05:28 PM ON MARKET: 19 days on market
$425,000
5 Beds4 Baths3,403 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,403 sqft
Price per Sqft $124
Subdivision Highlands
MLS Listing ID 1711899
Style Traditional
Bedrooms 5
HOA Y/N No
Abv Grd Liv Area 2,426
Year Built 1910
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Quadruplex
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 2426
Property Description
Prime quadruplex in the heart of Louisville's Highlands/Cherokee Triangle — one of the city's most resilient and high-demand rental corridors. This 4-unit brick multifamily at 1035 Baxter Avenue is 100% tenant-occupied, delivering immediate cash flow from day one with a gross monthly income of $3,600. The unit mix includes one 2-bedroom and three 1-bedroom units spread across three levels: one unit on the main level, two on the second floor, and a finished basement unit. Units are separately metered for gas and electric, keeping owner expenses low. Separate washer/dryer connections in the basement add a meaningful tenant amenity that supports retention and market appeal. List of improvements available. Situated minutes from NuLu, Downtown Louisville, and the Bardstown Road entertainment district, this property benefits from consistent rental demand driven by proximity to dining, retail, parks, and nearby amenities. Ideal for investors seeking stable cash flow, a 1031 exchange, or a low-maintenance addition to a growing portfolio. Showings begin at the Open House, Wednesday March 25th, 12:00 PM - 2:00pm. All offers due Saturday, March 28th at 10am with seller response by 6:00pm Saturday March 28th.
