2506 W Jefferson St, Louisville, KY 40212
2506 W Jefferson St, Louisville, KY 40212
2506 W Jefferson St, Louisville, KY 40212
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$49,900
Est. payment /mo
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4 Beds
2 Baths
1,948 SqFt
Price Dropped by $5K

2506 W Jefferson St Louisville, KY 40212

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Rhonda Roberts

Rhonda Roberts

+1(502) 314-5305

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,948 sqft

Price per Sqft $25

Subdivision Russell

MLS Listing ID 1720175

Style Traditional

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,948

Year Built 1900

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 1948

Property Description

Investor special with multiple exit strategies and serious upside potential. This large 2-story property sits on a deep lot with rear alley access and offers the opportunity to create strong cash flow or a spacious single-family home. Currently configured as a duplex with separate first and second floor units, the property could remain as two 2-bedroom, 1-bath apartments or be converted back into its original single-family layout. For investors looking to maximize rental income, area rents for renovated 2-bedroom apartments average approximately $1,000 per month per unit. Another attractive option is transforming the property into a large 5-bedroom, 2-bath single-family home with generous room sizes and strong rental demand. Market rents for comparable 5-bedroom homes are around $1,600 per month, with Section 8 rates potentially exceeding $2,000 per month. The home will require a full renovation including major repairs, updates, and layout modifications, making this a true project property for experienced investors, flippers, or landlords looking to build equity. After repair value to be approximately $200,000. Rare opportunity with flexible investment potential and rear alley access, offering ample room for parking or future improvements. Sold as-is.

Location

State KY

County Jefferson

Direction I-64 to exit 4, 9th St, exit onto W Jefferson St, home is on the left.

Rooms

Basement None

Interior

Heating Other

Cooling None

Fireplace No

Exterior

Parking Features On Street, Off Street

Fence Partial

View Y/N No

Roof Type Other,Shingle

Porch Porch

Garage No

Building

Lot Description Sidewalk, Level

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding,Wood Frame

Greater Louisville MLS (Metro Search Inc)
Copyright 2026 Metro Search, Inc.
Listed by simpler.realestate

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Rhonda Roberts

Rhonda Roberts

Team Leader | License ID: 213019

+1(502) 314-5305

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2506 W Jefferson St