Sold
Last Sold Price
4 beds4 baths2,750 sqft$105/sqft
12513 East Orell Road, Louisville, KY 40272
Multi FamilyProperty Type
9,134 sq ftLot Size
1973Year Built
$105/sq ftPrice per sq ft

Description

Investor Alert - Two Updated 4-Plexes in High-Growth Area! Don't miss this incredible opportunity to add two income-producing 4-plexes—12511 & 12513 Orell Rd—to your investment portfolio for just $650,000. Professionally managed by LREI Property Management, these properties are primed for strong returns. Each building features four spacious 1-bedroom, 1-bath units, and over the last 3.5 years, more than $100K in updates have been completed. 7 of the 8 units have been renovated, with improvements...Investor Alert - Two Updated 4-Plexes in High-Growth Area! Don't miss this incredible opportunity to add two income-producing 4-plexes—12511 & 12513 Orell Rd—to your investment portfolio for just $650,000. Professionally managed by LREI Property Management, these properties are primed for strong returns. Each building features four spacious 1-bedroom, 1-bath units, and over the last 3.5 years, more than $100K in updates have been completed. 7 of the 8 units have been renovated, with improvements including, 4 new HVAC units, luxury vinyl plank flooring, updated kitchen appliances, some new hot water heaters, fresh interior paint, new blinds, refinished bathtubs, some updated vanities, painted kitchen cabinets and some new gutters and window repairs. With the major capital expenses alrea addressed, you'll benefit from low maintenance costs and increased rental appeal. There's also significant upside potential as leases turn over, you can align rents with local market rates. Comparable 1BR/1BA units in the area are renting for upwards of $800/month, giving you room to grow the rent roll and maximize ROI. Located in zip code 40272, a high-demand area fueled by economic growth from the new factory in Hardin County, this property is also convenient to transit services, interstates, restaurants, shopping and entertainment. Whether you're a seasoned investor, looking to expand your portfolio or looking to get started with your first investment property purchase, this is a prime opportunity with strong cash flow potential and long-term value. Schedule your showing today!
  • Listed by: Shawn Owens 502.640.6890 realtorshawnowens@gmail.com • Beck Realty Group
Listing closed: 08/07/2025 11:00 AM • Source: Greater Louisville Association of REALTORS, MLS#: 1687862

Location

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Payment Calculator

$1,744 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,474

Property Taxes

$270

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 12513 East Orell Road

Property Details
  • MLS Type: Residential Income / Quadruplex
  • Architectural Style: Other
Building Information
  • Residences: 4
  • Year Built: 1973
  • Lot Size: 0.21 AC / 9,134 SF
Summary
Location and General Information
  • Directions: Blevins Gap to Street
  • Latitude: 38.073529
  • Longitude: -85.878887
  • MLS Area Major: 05-Auburndale/Fairdale/Iroquois Prk/Shively
  • MLS Area Minor: 05-Auburndale/Fairdale/Iroquois Prk/Shively
Taxes and HOA
  • Association: No
  • Parcel Number: 138000380000
  • Tax Lot: 00
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Acres: 0.21
  • Lot Size Area: 9134.0
  • Lot Size Square Feet: 9134.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Above Grade Finished Area: 2750.0
  • Building Area Source: Other
  • Building Area Total: 2750.0
  • Living Area: 2750.0
  • Year Built: 1973
Building Features
  • Construction Materials: Brick
Utilities
  • Utilities: Electricity Connected, Fuel:Natural
  • Water Source: Public
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Basement: No
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes

Property History for 12513 East Orell Road

DateEvent & SourcePriceAppreciation
Aug 7, 2025

Sold

Greater Louisville Association of REALTORS #1687862

Aug 7, 2025

Contract Signed

Greater Louisville Association of REALTORS #1687862

Jul 10, 2025

Sold (Public Record)

Public Record #1904456169

$290,000
DateEvent & SourcePrice
08/07/2025

Sold

Greater Louisville Association of REALTORS #1687862

08/07/2025

Contract Signed

Greater Louisville Association of REALTORS #1687862

07/10/2025

Sold (Public Record)

Public Record #1904456169

$290,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 12513 East Orell Road

Taxable ValueLand$23,520Additions$260,000Total$283,520
Tax Record2025$3,235 ($270 / month)
Home Facts
Total Finished SqFt2,750 SqFtAbove Grade Finished SqFt2,750 SqFtStories2Lot Size8,973 SqFtStyleMulti-Family Res (5+ Units)Year Built1973ZoningR7-RESIDENTIACountyJEFFERSONAPN24138000380000

Schools near 12513 East Orell Road

This home is within Jefferson County.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Dixie Elementary School
PublicPK to 5

Kennedy Elementary Montessori
PublicPK to 5

Johnsontown Road Elementary School
PublicK to 5

Medora Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beck Realty Group

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