About This Home

This 3-bedroom, 2-bathroom multi-family at 1429 Morton Ave in Louisville, KY is listed for $469,900 ($209 per sqft). Built in 1900, the home offers 2,252 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1900
  • 0.08 acre lot

Property Details

2 full
1900

Amenities

A/C
Listing Description

TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF THE HIGHLANDS! Beautifully remodeled duplex offering 2,252 square feet of updated living space in one of Louisville's most desirable neighborhoods! Priced at $469,900, this income-producing property generates $3,100 in monthly rental income ($37,200 annually), with reported annual operating expenses of just $6,350.

That's an estimated Net Operating Income (NOI) of $30,850 and an attractive 6.57% CAP RATE! Extensively renovated and move-in ready, this duplex offers two separate residential units, making it an excellent opportunity for investors seeking immediate rental income or owner-occupants looking to live in one unit while generating income from the other.

Located in the vibrant Highlands neighborhood, residents enjoy convenient access to popular restaurants, boutiques, coffee shops, nightlife, parks, and entertainment. Just minutes from downtown Louisville and UofL! PRIME LOCATION + EXTENSIVE RENOVATIONS + ESTABLISHED RENTAL INCOME! A fantastic opportunity to own an income-producing property in the Highlands. See attached improvements for extensive remodel performed on this property. Schedule your private showing today!

Monthly Cost Estimate

$2,513/mo

20% down · 6.5% · 30 years

Principal$340
Interest$2,036
Insurance$137

Estimates only. Actual payments may vary.

Location

1429 Morton Ave

Louisville, KY 40204

Property Details

Construction

Vinyl Siding Wood Frame

Outdoor Features

PorchDeck

Heating

Natural GasForced Air

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom multi-family at 1429 Morton Ave is listed at $469,900 ($209/sqft). The estimated monthly payment is $2,513 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.08 acre lot.

This property is listed by Deborah Kaufman.

DK

Deborah Kaufman

Agent at Caperton Realty

Listed by Caperton Realty · Broker phone: (502) 386-3017 · View on Broker Site · Broker website

MLS# 1731542· Source: Greater Louisville Association of REALTORS®· 21 days on PropertySimple

Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1429 Morton Ave, Louisville, KY 40204

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