For sale

$2,450,000

10233 Blue Lick Rd, Louisville, KY 40229

--beds

--baths

22,812sqft

Est.:

Apartment

Built in 2003

-- sqft lot

$2,326,600 Zestimate^®

$107/sqft

$-- HOA

What's special

Large onsite parking lotLaundry in each unit

Strong investment opportunity at 10233 Blue Lick Rd, Louisville, KY 40229 (located off Blue Lick Rd & Hillcross Dr). Property Overview: 21 large townhome-style units 6 units: 3 bed / 1.5 bath 15 units: 2 bed / 1.5 bath. Current rent roll: $24,461/month (2 vacancies) $27,063/month once fully occupied; up to $29,721/month potential. 22,812 total sq ft Built approximately 23 years ago. New dimensional shingle roofs (Aug/Sept 2023) on all three buildings Large onsite parking lot Utilities: Tenants pay LG&E ,owner pays water/sewer and trash. Laundry in each unit This property presents a strong value-add opportunity through lease-up, along with a potential condo conversion exit strategy that could potentially generate a very profitable return. See attached rent roll and LURA letter

1 day

93

6

Tour with a local agent

Facts & features

Interior

Heating

Forced Air

Cooling

Central Air

Features

Has basement: No

Interior area

Total structure area: 22,812
Total interior livable area: 22,812 sqft
Finished area above ground: 22,812
Finished area below ground: 0

Property

Features

Patio & porch: Porch
Exterior features: None

Lot

Size: 1.38 Square Feet
Dimensions: 1.3789

Details

Parcel number: 203500020000

Construction

Type & style

Home type: Apartment
Architectural style: Traditional
Property subtype: Apartment
Attached to another structure: Yes

Materials

Vinyl Siding, Wood Frame, Brick
Roof: Shingle

Condition

Year built: 2003

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Louisville

Financial & listing details

Price per square foot: $107/sqft
Tax assessed value: $1,417,500
Annual tax amount: $16,556
Date on market: 3/21/2026
Tenant pays: Electricity, Gas
Electric utility on property: Yes

Estimated market value

$2,326,600

$2.21M - $2.44M

$1,471/mo

Price history

Date	Event	Price
3/21/2026	Listed for sale	$2,450,000+88.5%$107/sqft
Source: GLARMLS #1712112 Report a problem
11/30/2018	Sold	$1,300,000-4.8%$57/sqft
Source: GLARMLS #1519154 Report a problem
11/11/2018	Pending sale	$1,365,000$60/sqft
Source: RE/MAX PROPERTIES EAST #1519154 Report a problem
11/11/2018	Listed for sale	$1,365,000$60/sqft
Source: RE/MAX PROPERTIES EAST #1519154 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$16,556 -0.3%	$1,417,500
2022	$16,613 +1%	$1,417,500 +9%
2021	$16,444 +7.5%	$1,300,000
2020	$15,301	$1,300,000
2019	$15,301 +127.8%	$1,300,000 +107.2%
2018	$6,717	$627,480
2017	$6,717 +11.4%	$627,480 +4.1%
2013	$6,030	$603,010