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3403, 3405 Prestwood Dr, 
Louisville, KY 40219

$2,220,000


48

Beds


24

Baths


20,412

Sq Ft


Multi-Family

Active

Listed by

Michael Mawood

RE/MAX Results

502-531-9408

Last updated:

June 27, 2025, 11:47 PM

MLS#

1690993

Source:

KY MSMLS

About This Home

3403, 3405 Prestwood Dr

This listing includes 3403, 3405, 3407 & 3411 Prestwood Drive, they will not be sold separately. All 24 units are 2 bedrooms, 1 bath, with living room, dining area and kitchen. The units have all been renovated by the current owners with updated kitchens & baths, Luxury Vinyl plank flooring in majority of units. Baths all consist of tub/shower combinations with linen closets, 4 total closets (one of which is a walk-in with automatic lighting) in each unit. Kitchens & Bath with ceramic flooring. All units have either electric or gas furnaces with central air. There are 6 tandem paved parking spaces in front of each building. Secure entries to each building. Neutral paint throughout most units. These 4 buildings are in the 100-year flood plain (see attached rent roll sheet for breakdowns of of current expenses). These buildings have been self-managed and therefore no official documentation of updates or maintenance is available. The average house meters on all 4 buildings averages $50 per building. The total insurance cost in the listing includes approximately $12,000 total flood insurance premium. Lots of long-term tenants most are on mo. to mo. at this time. Market rents could easily be raised $1100 - $1200 per month. Super clean buildings (3 of the 4 have newer roofs). These listings can also be packaged with 7509 & 7511 Garrison Rd. also for sale in KCREA.

Home Facts

Multi-Family

24 Baths

48 Bedrooms

Built in 1968

Price Summary

2,220,000

$108 per Sq. Ft.

MLS #:

1690993

Last Updated:

June 27, 2025, 11:47 PM

Added:

24 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

48

Bathrooms

Total Bathrooms:

24

Interior

Living Area:

20,412 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

20,412 Sq. Ft.

Year Built:

1968


Lot

Lot Size (Sq. Ft):

35,086


Finances & Disclosures

Finances

Price:

$2,220,000

Price per Sq. Ft:

$108 per Sq. Ft.

Source:KY MSMLS
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