551 S Shelby St, Louisville, KY 40202, Louisville, KY 40202

$259,000

Active

551 S Shelby StLouisville, KY 40202

Beds: 0
Baths: 0
Sq ft: 5,380
Price per sq ft: $48

Highlights

Forced air heat
Central air
Public sewer

About this home

Unique investment opportunity in Phoenix Hill! This 6-plex offers the potential to continue generating rental income or renovate and reposition the property for increased returns. It consists of 4 three bedroom units and 2 two bedroom units. Four of the six units are currently occupied, providing immediate rental income. The remaining units offer additional opportunity, however repairs are needed. Each unit is separately metered for LGE. Owner pays water/sewer/trash. The building is in need of foundation repairs; see the seller's disclosure for additional information. Property is being sold as-is. Buyer to verify square footage.

Home details

Year built: 1995
Lot size: 0
Heating: Forced Air
Cooling: Central Air
Roof: Shingle
Construction: Vinyl Siding
Sewer: Public Sewer
Subdivision: PHOENIX HILL
Property type: Apartment

Location

Price history

Listed October 29, 2026 — $259,000

Price history is recorded from the MLS and covers changes since this listing first appeared in the feed.

Similar homes nearby

711 W Main St APT A, Louisville, KY 40202, Louisville, KY 40202

Active

$214,900

711 W Main St APT A, Louisville, KY 40202

Louisville, KY 40202

1 bed · 1 bath · 600 sq ft

MLS #1731374

Listed by Housing Associates

309 E Market St 204, Louisville, KY 40202, Louisville, KY 40202

Active

$299,900

309 E Market St 204, Louisville, KY 40202

Louisville, KY 40202

1 bed · 1 bath · 1,035 sq ft

MLS #1730909

Listed by Key Point Realty

309 E Market St 302, Louisville, KY 40202, Louisville, KY 40202

ActivePrice drop $5,400

$299,500

309 E Market St 302, Louisville, KY 40202

Louisville, KY 40202

1 bed · 1 bath · 1,098 sq ft

MLS #1730331

Listed by Semonin Realtors

604 S 3rd St 806, Louisville, KY 40202, Louisville, KY 40202

Active

$270,000

604 S 3rd St 806, Louisville, KY 40202

Louisville, KY 40202

1 bed · 2 baths · 921 sq ft

MLS #1727493

Listed by Julie Pogue Properties

815 W Market St 706, Louisville, KY 40202, Louisville, KY 40202

ActivePrice drop $25,000

$300,000

815 W Market St 706, Louisville, KY 40202

Louisville, KY 40202

2 beds · 2 baths · 1,982 sq ft

MLS #1726250

Listed by Redfin

815 W Market St 807, Louisville, KY 40202, Louisville, KY 40202

ActivePrice drop $24,000

$275,000

815 W Market St 807, Louisville, KY 40202

Louisville, KY 40202

2 beds · 2 baths · 1,655 sq ft

MLS #1719382

Listed by Louisville Magic Realty