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About This Home

This 0-bedroom, 0-bathroom residential multi family at 916 Shelby Pkwy in Louisville, KY is listed for $390,000 ($145 per sqft). Built in 1948, the home offers 2,694 sqft of living space on a N/A lot.

Agent Description

Excellent investment opportunity in the Germantown area featuring two duplexes on one parcel with frontage on both Shelby Pkwy and Dandridge Ave. Property includes four total units: 916 Shelby Pkwy (Units A & B) and 917 Dandridge Ave (Units A & B), offering strong income potential and value-add upside.

916 Shelby Pkwy Unit A is a spacious 1BR/1BA with a loft area often used as a second bedroom. Unit includes in-unit washer and dryer. Currently rented at $1,015/month, well below market, with prior rents exceeding $1,300/month. 916 Shelby Pkwy Unit B is a 1BR/1BA unit and is currently vacant, providing immediate lease-up opportunity at market rent.

917 Dandridge Ave Unit A is a 2BR/1BA currently rented at $1,000/month, below market value. In-unit washer and dryer 917 Dandridge Ave Unit B is an efficiency-style 1BR/1BA unit and is currently vacant. In-unit washer and dryer Two vacant units allow for immediate income optimization. Strong upside through rent increases and potential improvements. Unique dual-street access enhances tenant appeal and leasing flexibility. Ideal for investors seeking cash flow with value-add potential.

Key Features

  • Built in 1948

Property Details

1948

Amenities

A/C

Monthly Cost Estimate

$2,086/mo

20% down · 6.5% · 30 years

Principal$282
Interest$1,690
Insurance$114

Estimates only. Actual payments may vary.

Location

916 Shelby Pkwy

Louisville, KY 40204

Property Details

Construction

Wood Frame Block Brick

Pool Features

Porch

Heating

Forced AirNatural Gas

Cooling

Wall/Window Unit(s)Window Unit(s)Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 916 Shelby Pkwy is listed at $390,000 ($145/sqft). The estimated monthly payment is $1,690 based on 20% down at 6.5% interest.

Key features include: Built in 1948.

This property is listed by Shawn Owens and can be reached at 5026406890 or realtorshawnowens@gmail.com.

SO

Shawn Owens

Agent at Beck Realty Group

(502) 640-6890

Listed by Beck Realty Group · View on Broker Site

MLS# 1715574· Source: listhub· Updated 38 days ago

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.

916 Shelby Pkwy, Louisville, KY 40204

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