551 S Shelby St, Louisville, KY 40202

Apartment
NZD $467,546
USD $259,000
Published on: 30 Oct 2026
Last updated on: 05 Nov 2026
551 S Shelby St, Louisville, KY 40202
551 S Shelby St, Louisville, KY 40202
551 S Shelby St, Louisville, KY 40202
551 S Shelby St, Louisville, KY 40202
  • 4
Property ID: 110120889273
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Multi Family, Louisville, KY

551 S Shelby St, Louisville, KY 40202
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.

Property Details

Basic Info

Property Type
Apartment
Listing Status
Pending
Building Size
499.82 m2
Year Built
1995
Architecture Style
Other
County
Jefferson
Parcel ID
04016E00010000
Provider
Greater Louisville Association of REALTORS®
Subdivision
PHOENIX HILL
Brokerage Office Name
Schempp Realty and Management, Inc.
Brokerage Office Phone
(502) 562-0016
Neighbourhoods
PHOENIX HILL
Address
551 S Shelby St, Louisville, KY 40202
Contact Agent
Katie L Lawson
Schempp Realty Company
PO Box 4777 , Louisville, KY 40204
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Katie L Lawson
PO Box 4777 , Louisville, KY 40204
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      Property ID: 110120889273

      Original Property ID: 3yd-GLARKY-1733251
      Data provided by Greater Louisville Association of REALTORS®, MLS #: 1733251
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
      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.