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Address

2506 W Jefferson St, Louisville, KY

Listing Type

Active Under Contract

Price

$ 19,000

Property Attributes

MLS#1720175
TypeSingle Family
Listing Status Active Under Contract
CountyJefferson
CityLouisville
AreaDtwn Old Louisville-Shively-West Lou
NeighborhoodRUSSELL
Zip40212
StyleTraditional
Year Built1900
Price$ 19,000
Bedrooms4
Full Bathrooms2
Half Bathrooms0
Sqr Footage1948
Lot Size0.12 Acres

Data Source:

Metro Search, Inc.

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.

Price History
6/11/2026	Listed $54,900
6/17/2026	9$49,900
6/24/2026	40$30,000
6/30/2026	37$19,000

General Features

Heating	Other
Cooling	None
Utilities	Electricity Connected,Fuel:Natural
Roof	Other,Shingle
Architectural Style	Traditional
Construction Materials	Vinyl Siding,Wood Frame
Year Built	1900
Stories Count	2
Property Subtype	Single Family Residence
County	Jefferson
Property Type	Residential
HOA	false
Attached Garage	false
Subdivision Name	RUSSELL
Garage Y/N	false
Total Rooms	9
Full Baths	2
Status	Active Under Contract
Directions	I-64 to exit 4, 9th St, exit onto W Jefferson St, home is on the left.
City	Louisville
MLS Area	01-Dtwn Old Louisville/Shively/West Lou
Lot Size Units	Acres
Lot Size Square Feet	5200
MLS Area Minor	01-Dtwn Old Louisville/Shively/West Lou
Standard Status	Active Under Contract
Tax Lot	0046

Interior Features

Basement	None
Air Conditioning Y/N	false
Heating Y/N	true
Fireplace Y/N	false
Above Grade Finished Area	1948
Total Bedrooms	4
LivingAreaSource	Other
Total Baths	2

Exterior Features

Fencing	Partial
Parking Features	On Street,Off Street
Lot Features	Sidewalk,Level
Water Source	Public
Lot Size Area	0.12
Foundation Details	Crawl Space
Building Area Total	1948
Lot Size Acres	0.12