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5323 New Cut Rd, Louisville, KY 40214

$220,000 (Closed)
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5323 New Cut Rd, Louisville, KY 40214

$$220,000
Closed
est.$220,000/month.
Start My Approval
beds. baths. 2,350 Sqft.

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5323 New Cut Rd, Louisville, KY 40214

$220,000
Closed
est.$220,000/month.
Start My Approval
beds baths 2,350 Sq.ft.
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Property details for 5323 New Cut Rd, Louisville, KY 40214
Multi-Faimly Home with tons of potential to be a major cash flow opportunity. This double lot multi-family property has 4 units, but holds the potential to be 5 units including 1 of the units which is currently set up more as a traditional single family home layout. On the left side you will find a finished space of approx 1375 sq. ft and an unfinished basement that is around 1250 sq.ft. This unit is set up with a familiar single family layout. Above this unit is the potential for a completely separate 2 bedroom unit if you were to add stairs/separate entrance. The right side of the building is laid out as 3 separate 2 Bedroom, 1 bath units with about 700sqft per unit. The 3rd floor unit is finished space and currently occupied. The middle floor and basement level units are waiting to be finished. The basement level on the right side of the building is recently waterproofed. All remaining/extra materials to complete units will be left. Double lot, tons of parking. No current rent rolls, this is currently occupied as a primary residence. Could be the perfect buy and hold investment property, or a great rental add to your investment portfolio. Lots of meat on the bone to make this a great investment opportunity! Buyer/Buyers agent to verify square footage, year built, etc.
Property Description

MLS Information

  • Listing: 1573580
  • Listing Last Modified: 2025-06-04

Property Details

  • Standard Status: Closed
  • Property style: Select One
  • Built in: 1970
  • Subdivision: NONE
  • Lot size area: 0.24 Square Feet

Geographic Data

  • County: Jefferson
  • MLS Area: NONE
  • Directions: New Cut Road to subject property
Features

Interior Features

  • Living area: 2350

Exterior Features

  • Roof type: Shingle

Parking

    Utilities

    • Sewer: Public Sewer
    • Water: Public
    • Heating: None, Forced Air
    Property Information

    Tax Information

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      The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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