Courtesy of Caperton Realty, Deborah Kaufman , deborahknowshomes@gmail.com

1429 Morton Ave, Louisville, Kentucky, 40204

TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF THE HIGHLANDS! Beautifully remodeled duplex offering 2,252 square feet of updated living space in one of Louisville's most desirable neighborhoods! Priced at $469,900, this income-producing property generates $3,100 in monthly rental income ($37,200 annually), with reported annual operating expenses of just $6,350. That's an estimated Net Operating Income (NOI) of $30,850 and an attractive 6.57% CAP RATE! Extensively renovated and move-in ready, this duplex offers two separate residential units, making it an excellent opportunity for investors seeking immediate rental income or owner-occupants looking to live in one unit while generating income from the other. Located in the vibrant Highlands neighborhood, residents enjoy convenient access to popular restaurants, boutiques, coffee shops, nightlife, parks, and entertainment. Just minutes from downtown Louisville and UofL! PRIME LOCATION + EXTENSIVE RENOVATIONS + ESTABLISHED RENTAL INCOME! A fantastic opportunity to own an income-producing property in the Highlands. See attached improvements for extensive remodel performed on this property. Schedule your private showing today!

Active

$469,900

Multi-family

3 bds

2 ba

2,252 Sqft

0.08 Acre

MLS

1731542

Built in 1900

NONE

Disclaimer: The information contained in this listing has not been verified by Caperton Realty and should be verified by the buyer.

Information provided by GLAR

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ADDRESS & DIRECTIONS

  • Street Address: 1429 Morton Ave
  • City: Louisville
  • State: Kentucky
  • County: Jefferson
  • Subdivision: NONE
  • Directions:
    Bardstown Rd to Baxter Ave; left onto Morton Ave; building is on the right

PROPERTY FEATURES

General Information

  • Architectural Style : Traditional
  • Above Grade Finished Area: 2252
  • Below Grade Finished Area: 0

Heating /Cooling Features

  • Cooling: Central Air
  • Heating : Natural Gas, Forced Air

Construction Features

  • Construction Materials: Wood Frame, Vinyl Siding

Utility Information

  • Utilities : Electricity Connected, Fuel:Natural
  • Water Source : Public

Community Features

  • HOA :
  • AssociationFee : 0

SCHOOLS NEAR 1429 Morton Ave

  • Courtesy of Caperton Realty, Deborah Kaufman
  • Property last updated on GLAR : 10/10/2026 4:45:02 PM