About This Home

This 4-bedroom, 1-bathroom multi-family at 817 Rubel Ave in Louisville, KY is listed for $400,000 ($160 per sqft). Built in 1900, the home offers 2,493 sqft of living space on a N/A lot.

Key Features

  • Built in 1900

Property Details

1 full
1900

Amenities

A/C
Listing Description

Exceptional Quadplex Investment in the Original Highlands - Welcome to 817 Rubel Ave, a rare opportunity to own a well maintained quadplex in the vibrant Original Highlands-one of Louisville's most sought after neighborhoods. Held by the same family for more than 50 years, this property offers both history and strong income potential in a location that continues to attract long term renters.

This fully occupied four unit property features reliable tenants and a current monthly rent roll of $2,550, with one unit vacant. Investors will appreciate the diversified unit mix and consistent rental performance. Unit Breakdown - Apartment 1: 1 Bedroom | Tenant pays personal electric - Apartment 2: Large Open Studio All utilities included.

Apartments 3 : 1 Bedroom All utilities included - Apartment 4 Large Open Studio, All utilities included. The owner currently covers water and gas, and tenants benefit from shared washer and dryer access in the basement, adding convenience and value for residents.

Outside, the spacious backyard provides a welcoming shared space-perfect for tenant gatherings and community enjoyment. On street parking is readily available. Located near Rubel Park, the property offers convenient access to downtown Louisville, the University of Louisville, major medical centers, restaurants, and entertainment districts, making it highly desirable for renters seeking an urban lifestyle.

Investment Highlights - Fully occupied quadplex - Prime Highlands location - Long term ownership history - Shared laundry and outdoor common area - Close proximity to parks, employment hubs, and entertainment This is a turnkey income producing property in one of Louisville's most dynamic neighborhoods-an opportunity investors will not want to miss.

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

817 Rubel Ave

Louisville, KY 40204

Property Details

Construction

Brick

Outdoor Features

Porch

Heating

Natural GasElectric (Heating)Forced Air

Cooling

Central Air

Questions & Answers

This 4-bedroom, 1-bathroom multi-family at 817 Rubel Ave is listed at $400,000 ($160/sqft). The estimated monthly payment is $2,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900.

This property is listed by Remire M Heinze.

RH

Remire M Heinze

Agent at Berkshire Hathaway HomeServices Parks & Weisberg, Realtors

Listed by Berkshire Hathaway HomeServices Parks & Weisberg, Realtors · Broker phone: (502) 459-1928 · View on Broker Site · Broker website

MLS# 1727256· Source: Greater Louisville Association of REALTORS®· 68 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.

817 Rubel Ave, Louisville, KY 40204

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