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7 Beds
1 Bath
3,540 sqft

$490,000

918 Ash St, Louisville KY, 40217

Price per sqft$138.42
Built in1905
Property size3,540 sqft
Property typeMulti-family

Overview

Active

Listed Aug 18, 2026

Updated Aug 25

Investor opportunity in the heart of Germantown! This 5-unit multifamily is a value-add play with most of the heavy lifting already done. Four of the five units have been completely renovated within the last 2-3 years — turnkey, low-maintenance, and ready to perform from day one. The mix features two spacious 2-bedroom units and two 1-bedroom units, plus a fifth unit on the top level awaiting completion: your built-in upside to add income and force appreciation on your terms. Central heat and air throughout keeps operations efficient, and a shared laundry on the first level adds tenant convenience and an extra revenue stream. All of this sits in one of Louisville's most walkable, in-demand neighborhoods, surrounded by the restaurants, breweries, and everyday amenities that keep Germantow rental demand strong. Cash-flowing assets with real upside rarely hit the market here. Come see the opportunity to own a piece of Germantown — and finish the story on the top floor. Bring your vision; the value is already in place.

$3,260/mo

Est. mortgage payment based on a $490,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1726604

Interior Features

Bedrooms
7
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Courtesy of EXP Realty LLC, Ethan J Adams,
Listing Contact: 502-558-8193 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Greater Louisville Association of REALTORS held by brokerage firms other than The Louisville Portfolio are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Louisville Portfolio shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 12:41 PM UTC, 8/25/2026

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