Listing provided courtesy of Beck Realty Group- MLS# 1715574
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916 Shelby PkwyLouisville, KY 40204
Multi-Family · 2,694 Sq. ft.$390,000
Active
916 Shelby Pkwy Overview
- Time on Site:
- 67 days
- Visits:
- 2
Excellent investment opportunity in the Germantown area featuring two duplexes on one parcel with frontage on both Shelby Pkwy and Dandridge Ave. Property includes four total units: 916 Shelby Pkwy (Units A & B) and 917 Dandridge Ave (Units A & B), offering strong income potential and value-add upside. 916 Shelby Pkwy Unit A is a spacious 1BR/1BA with a loft area often used as a second bedroom. Unit includes in-unit washer and dryer. Currently rented at $1,015/month, well below market, with prior rents exceeding $1,300/month. 916 Shelby Pkwy Unit B is a 1BR/1BA unit and is currently vacant, providing immediate lease-up opportunity at market rent. 917 Dandridge Ave Unit A is a 2BR/1BA currently rented at $1,000/month, below market value. In-unit washer and dryer 917 Dandridge Ave Unit B is an efficiency-style 1BR/1BA unit and is currently vacant. In-unit washer and dryer Two vacant units allow for immediate income optimization. Strong upside through rent increases and potential improvements. Unique dual-street access enhances tenant appeal and leasing flexibility. Ideal for investors seeking cash flow with value-add potential.
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916 Shelby Pkwy Facts & Features
- Type Multi-Family
- Sq. ft. 2,694
- Price/Sq.ft. $145
Details
General
Association/HOA
- Association: false
Building Information
- Year Built: 1948
Location/Region
- County Or Parish: Jefferson
- MLS Area Major: 02-Butchertwn/Hghlnds/Germantwn
- MLS Area Minor: 02-Butchertwn/Hghlnds/Germantwn
- Subdivision Name: NONE
General Information
- Parcel Number: 025D00290000
- Property Sub Type: Quadruplex
- Property Type: Multi Family
Interior
Parking Information
- Garage: false
Beds/Baths
- Bathrooms Total: 0
- Bedrooms Total: 0
Building Interior
- Above Grade Finished Area: 2694.0
- Building Area Source: Other
- Building Area Total: 2694.0
General Information
- Basement: false
- Living Area: 2694.0
Exterior
Lot Information
- Lot Features: Dead End,Sidewalk
- Lot Size Dimensions: .1029
- Water Source: Public
Building Exterior/Construction
- Architectural Style: Other
- Construction Materials: Wood Frame,Block,Brick
- Roof: Shingle
General Information
- Exterior Features: None
- Number Of Units Total: 4
- Utilities: Electricity Connected,Fuel:Natural
916 Shelby Pkwy Neighborhood
Community
40204 (Louisville) Demographics
36
Median Age
4,371
Population Density (per sq. mile)
57%
College Educated
$52,273
Estimated Median Income
3,501
Estimated Total Home Owners
4,089
Estimated Total Renters
46% / 54%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.916 Shelby Pkwy Monthly Cost
916 Shelby Pkwy Market Data
Based on the last 30 days in this zip code
$402,369
Average List Price
$219
Average Price per Square Foot
21
Properties Sold
50
Average Days on Market
75
Properties for Sale
916 Shelby Pkwy History
| Date | Value | Agent |
|---|---|---|
| 4/24/2026Source: Louisville MLS | April 24, 2026 |