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10233 Blue Lick Rd, 
Louisville, KY 40229

$2,450,000

—

Bed

—

Bath

22,812

Sq Ft

Multi-Family

Active

Listed by

Shawn Owens

Beck Realty Group

+1 502-471-4419

Last updated:

May 31, 2026, 02:42 PM

MLS#

1712112

Source:

KY MSMLS

Source MLS Verified

About This Home

10233 Blue Lick Rd

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

Home Facts

Multi-Family

Built in 2003

Price Summary

2,450,000

$107 per Sq. Ft.

MLS #:

1712112

Last Updated:

May 31, 2026, 02:42 PM

Added:

2 month(s) ago

Rooms & Interior

Interior

Living Area:

22,812 Sq. Ft.

Structure

Structure

Architectural Style:

Traditional

Building Area:

22,812 Sq. Ft.

Year Built:

2003

Lot

Lot Size (Sq. Ft):

1

Finances & Disclosures

Finances

Price:

$2,450,000

Price per Sq. Ft:

$107 per Sq. Ft.

Source:KY MSMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.