1125 Homeview Dr, Louisville, KY 40215

$125,000
3
BD
1
BA
1,230
SqFt

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Sold Price
$125,000
List Price
$125,000
Status
CLOSED
Days on Market
31
Closing Date
Apr 15, 2026
MLS#
1705828
Subtype
Residential
Style
Ranch
Year Built
1937
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,230
Lot Size
5,998
Acres
0.14
Subdivision
Garden Acres
Neighborhood
Dtwn Old Louisville/Shively/West Lou
MLS Area Major
1 - Downtown / Old & West Louisville / Shively

Property Description

Excellent opportunity to acquire a performing single-family rental in a strong South Louisville location with immediate income and future upside. The property is currently rented at $1,150/month, providing stable cash flow from day one. Based on FY26 Section 8 rent guidelines, a new owner would be eligible to apply for rent adjustments that could push monthly rents to approximately $1,500/month, subject to Housing Authority approval and inspection. This creates a clear path to increased returns without the need for major renovations or repositioning. The home features a practical layout, solid condition, and strong rental demand, making it well-suited for long-term hold investors or buyers looking to add dependable income to their portfolio.

Additional Information

Property Description
Ranch
Heating
Forced Air
Air Conditioning
Central Air
Stories
1
Roof
Shingle
Foundation
Poured Concrete
Parking
Driveway
Parking Features
Driveway

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Premier Properties. Selling Office: .