About This Home

This 4-bedroom, 4-bathroom multi-family at 2045 Payne St in Louisville, KY is listed for $440,000 ($157 per sqft). Built in 1920, the home offers 2,800 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1920
  • 0.21 acre lot

Property Details

4 full
1920

Amenities

A/C
Listing Description

Investment Opportunity in the Heart of Clifton! Welcome to 2045 Payne Street, a spacious four-unit multifamily property offering excellent potential for investors looking to expand their rental portfolio or buyers looking to become homeowners and investors at the same time!

Built in 1920, this two-story property features approximately 2,800 square feet of finished living space, with each of the four units offering its own living room, bedroom, full bathroom, and kitchen. Interior features include updated flooring in several areas, neutral paint colors, and kitchens with white cabinetry and attractive countertops.

The property also features separate meters, natural gas heating, central air, and a welcoming front porch and rear balcony. Situated on a generous lot with a spacious backyard, this property is conveniently located near shopping, dining, entertainment, and major roadways.

Looking to house hack? Live in one unit while renting out the other three, allowing rental income to help offset your mortgage and build long-term wealth through real estate! Whether you're an experienced investor, a first-time investor, or a buyer looking for a smart way to combine homeownership with income potential, this property offers flexibility and opportunity. Schedule your showing today!

Monthly Cost Estimate

$2,353/mo

20% down · 6.5% · 30 years

Principal$318
Interest$1,907
Insurance$128

Estimates only. Actual payments may vary.

Location

2045 Payne St

Louisville, KY 40206

Property Details

Construction

Wood Frame

Outdoor Features

Porch

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 2045 Payne St is listed at $440,000 ($157/sqft). The estimated monthly payment is $2,353 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.21 acre lot.

This property is listed by Dana P Spencer.

DS

Dana P Spencer

Agent at Keller Williams Realty Louisville Highlands

Listed by Keller Williams Realty Louisville Highlands · Broker phone: (502) 459-5509 · View on Broker Site · Broker website

MLS# 1732989· Source: Greater Louisville Association of REALTORS®· 5 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.

2045 Payne St, Louisville, KY 40206

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