About This Home

This 4-bedroom, 4-bathroom multi-family at 501 Eline Ave in Louisville, KY is listed for $675,000 ($298 per sqft). Built in 1937, the home offers 2,266 sqft of living space on a N/A lot.

Key Features

  • Built in 1937

Property Details

4 full
2-car garage
1937

Amenities

A/C
Listing Description

Excellent investment opportunity in the heart of St. Matthews! This ideally located duplex offers two spacious 2-bedroom, 2-bathroom units, each separately metered with independent HVAC systems and water heaters, providing exceptional flexibility for investors or those looking to owner-occupy while generating rental income.

Thoughtful updates throughout blend original character with modern conveniences, including custom kitchen and bathroom cabinetry renovated in 2014, granite countertops, and fresh paint in the lower unit. Both residences feature their own in-unit stackable washer and dryer.

An exceptional feature for the area is the abundance of private parking, offering FIVE off-street parking spaces! In addition to the detached 2-car garage, the property boasts three additional off-street parking spaces with convenient front and side parking pads, featuring concrete poured in 2022.

This rare amenity adds tremendous convenience and appeal for both residents and prospective tenants. Just one block from the entrance to Seneca Park, residents can enjoy the park's 1.2-mile walking loop, brand new tennis courts and playground, a public golf course, intramural fields, baseball, basketball, and biking and hiking trails along creek beds.

The property's prime location also places St. Matthews' beloved boutiques, coffee shops, and popular restaurants within easy reach, offering an ideal combination of neighborhood charm and everyday convenience. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupancy opportunity with rental income potential, this turnkey duplex presents a rare opportunity in one of Louisville's most desirable neighborhoods. Property is being sold as-is, refer to agent notes.

Monthly Cost Estimate

$3,610/mo

20% down · 6.5% · 30 years

Principal$488
Interest$2,925
Insurance$197

Estimates only. Actual payments may vary.

Location

501 Eline Ave

Louisville, KY 40207

LEXINGTON MANOR

Property Details

Construction

Brick

Outdoor Features

Porch

Heating

Natural GasForced Air

Cooling

Central Air

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 501 Eline Ave is listed at $675,000 ($298/sqft). The estimated monthly payment is $3,610 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1937.

This property is listed by Olivia M Eberenz Goodwin.

OG

Olivia M Eberenz Goodwin

Agent at Lenihan Sotheby's International Realty

Listed by Lenihan Sotheby's International Realty · Broker phone: (502) 899-2129 · View on Broker Site · Broker website

MLS# 1732259· Source: Greater Louisville Association of REALTORS®· 13 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.

501 Eline Ave, Louisville, KY 40207

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