4342 Newport Rd Louisville, KY 40218
Source MLS VerifiedListing Courtesy of: LOUISVILLE / Listed By: Terry Golladay, Schuler Bauer Real Estate ERA Powered

  4342 Newport Rd Louisville, KY 40218

Active (7 Days)
$430,000 (USD)
8
BED
4
BATH
3,430
SQFT

Description

Great investment opportunity featuring four fully occupied 2 bedroom, 1 bath apartments with a solid rental history and dependable cash flow. Several long term tenants have called this property home for over seven years, providing excellent stability for investors. Each unit offers laundry hookups, with additional laundry hookups located in the basement and private storage areas in the basement that present potential for additional income. Major improvements completed in 2018 include the roof, HVAC systems, appliances, and pavement, helping reduce future maintenance expenses. Conveniently located within walking distance of GE, FedEX TARC bus lines, ALDI and other everyday amenities, making it an attractive location for tenants. Owner pays water, sewer, electric and trash pickup, tenants are responsible to pay electric and gas service. May be purchased together with 4920 Cawood Drive, just down the street, for an excellent portfolio opportunity.

MLS #:
1723408
Lot Size
9,583 SQFT
Type
Multifamily
Year Built
1972
Style
Other
County
Jefferson County
Community
Norfolk Estates

Listed By

Terry Golladay, Schuler Bauer Real Estate ERA Powered
Source
LOUISVILLE
Last checked Jul 22 2026 at 10:28 PM GMT+0000
Bathroom Details
Subdivision
  • Norfolk Estates
Heating and Cooling
  • Central Air
Homeowners Association Information
  • Dues: $200
Exterior Features
  • None
  • Roof: Asphalt
Utility Information
  • Utilities: Electricity Connected, Fuel:Natural
Living Area
  • 3,430 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 21, 2026
Price Changed
$430,000
8%
$30,000
Jul 15, 2026
Listed
$400,000
-
-
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Disclaimer: Copyright 2026 Greater Louisville Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/22/26 15:28