Primary on Main
Address
2506 W Jefferson St, Louisville, KY
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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 40212

Price
AVG $180K
$20K
Year Built
AVG 1929
1900