Description

Excellent opportunity to acquire a cash-flowing 4-bedroom single-family rental with a current Section 8 tenant in place and immediate upside potential. The property is presently rented at $1,691/month, providing strong, reliable income supported by the Housing Authority. The owner is currently completing the annual Section 8 inspection, and upon completion, the property is expected to be eligible for a rent increase within the next few months under updated Housing Authority guidelines. This creates a clear path to enhanced returns without the need for vacancy or major capital improvements. The home offers a functional layout with four bedrooms, good living space, and a location with consistent tenant demand, making it an ideal turnkey addition to any rental portfolio.

Source: GLAR as distributed by MLS GRID, MLS ID: 1708702

Listing provided courtesy of James Brown with RE/MAX Premier Properties

Last Updated: 5/4/2026 | 4:44 PM

Home Details

Status: Pending

Price: $155,000

Address: 1022 Carlisle Ave, Louisville, KY 40215

Bedrooms: 4

Bathrooms: 2

Square Feet: 1,915

144 days on Site

• Property Type: Residential
• Built in 1949
• 144 days on Site
• 0.13 Lot Size
• Cooling: Central Air
• Heating: Natural Gas