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312 E Ormsby Ave, Louisville, KY 40203

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Listed by: Gary Aronov - Real Estate Go To

312 E Ormsby Ave, Louisville, KY 40203

$
Active
est.$637,143/month.
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8 beds. baths. 9,583 Sqft.

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312 E Ormsby Ave, Louisville, KY 40203

$637,143
Active
est.$637,143/month.
Start My Approval
8 beds baths 9,583 Sq.ft.
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Property details for 312 E Ormsby Ave, Louisville, KY 40203
Rare new construction quadplex opportunity with built-in upside. This to-be-built property will feature four well-designed units, each offering 2 bedrooms, 1 bathroom, and approximately 796 square feet of efficient living space—ideal for maximizing rental income and tenant appeal. Each unit will be thoughtfully laid out to provide comfortable living, low maintenance, and strong long-term performance. With new construction, investors can benefit from reduced capital expenditures and modern systems from day one. An additional value-add opportunity may exist with the potential for an accessory dwelling unit (ADU) at the rear of the property. Plans are currently in the approval process for a proposed 3-bedroom, 1.5-bath residence; however, construction of the ADU is subject to final approv by the appropriate governing authorities. Pro forma projections indicate a 7% cap rate, making this an attractive option for investors seeking both stability and future growth.
Property Description

MLS Information

  • Listing: 1715037
  • Listing Last Modified: 2026-04-21

Property Details

  • Standard Status: Active
  • MLS Status: Active
  • Built in: 2026
  • Subdivision: OLD LOUISVILLE
  • Lot size area: 9583 Square Feet

Geographic Data

  • County: Jefferson
  • MLS Area: OLD LOUISVILLE
  • Directions: From I-65 N. Take exit 134B for Woodbine St. Turn left onto Woodbine St. Turn right onto Evans St. Turn right. Home will be on the right
Features

Interior Features

  • Bedrooms: 8
  • Living area: 3184

Exterior Features

  • Roof type: Shingle

Parking

    Utilities

    • Sewer: Public Sewer
    • Water: Public
    • Heating: None, Electric
    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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