# 1429 Morton Ave, Louisville, KY 40204 > **TL;DR:** 3bd/2ba multi-family, $469,900 ($209/sqft), built 1900, 2,252 sqft. > A/C. Est. $2,513/mo. Listed 23 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $469,900 | | Price/sqft | $209 | | Bedrooms | 3 | | Bathrooms | 2 full | | Square Feet | 2,252 | | Year Built | 1900 | | Lot Size | 3,485 sqft (0.08 acres) | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 23 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,376 | | Estimated Insurance | $137 | | **Total** | **$2,513** | ## Key Amenities - A/C ## Property Highlights - Built in 1900 - 0.08 acre lot ## Description ### Agent 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! ## Location - **Address:** 1429 Morton Ave, Louisville, KY 40204 - **County:** Jefferson - **Coordinates:** 38.240592, -85.727466 - **Google Maps:** https://www.google.com/maps?q=38.240592,-85.727466 ## Listing Agent - **Name:** Deborah Kaufman - **Brokerage:** Caperton Realty - **Broker Phone:** (502) 386-3017 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1429-Morton-Ave_Louisville_KY_40204_M37008-05741?f=listhub&s=GLARKY&m=1731542&c=propsimple) ## Photos ![1429 Morton Ave - Photo 1](http://lh.rdcpix.com/e6ec276441d4dbb757b7159e48dfd4a5l-f1266010484r.jpg) ![1429 Morton Ave - Photo 2](http://lh.rdcpix.com/e6ec276441d4dbb757b7159e48dfd4a5l-f403140990r.jpg) ![1429 Morton Ave - Photo 3](http://lh.rdcpix.com/e6ec276441d4dbb757b7159e48dfd4a5l-f2117253798r.jpg) ![1429 Morton Ave - Photo 4](http://lh.rdcpix.com/e6ec276441d4dbb757b7159e48dfd4a5l-f1660570188r.jpg) ![1429 Morton Ave - Photo 5](http://lh.rdcpix.com/e6ec276441d4dbb757b7159e48dfd4a5l-f606404914r.jpg) ![1429 Morton Ave - 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Photo 86](http://lh.rdcpix.com/e6ec276441d4dbb757b7159e48dfd4a5l-f1888701469r.jpg) ![1429 Morton Ave - Photo 87](http://lh.rdcpix.com/e6ec276441d4dbb757b7159e48dfd4a5l-f912676372r.jpg) ![1429 Morton Ave - Photo 88](http://lh.rdcpix.com/e6ec276441d4dbb757b7159e48dfd4a5l-f3850560818r.jpg) ![1429 Morton Ave - Photo 89](http://lh.rdcpix.com/e6ec276441d4dbb757b7159e48dfd4a5l-f3442017387r.jpg) ![1429 Morton Ave - Photo 90](http://lh.rdcpix.com/e6ec276441d4dbb757b7159e48dfd4a5l-f2035725361r.jpg) --- **MLS#:** 1731542 | **Updated:** 2026-10-27 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/1429-morton-ave-louisville-ky-40204-b013c25fbb2a4a96a901b611c62e1eae) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1429-morton-ave-louisville-ky-40204-b013c25fbb2a4a96a901b611c62e1eae#listing", "url": "https://www.propertysimple.ai/listing/1429-morton-ave-louisville-ky-40204-b013c25fbb2a4a96a901b611c62e1eae", "name": "1429 Morton Ave, Louisville, KY 40204", "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. 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