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402 N Hite Ave, 
Louisville, KY 40206

$1,650,000


Bed


Bath


11,040

Sq Ft


Multi-Family

Active

Listed by

Jenny Johnston

Reed B Weinberg

Colliers

+1 502-365-3840

Last updated:

May 10, 2026, 02:51 PM

MLS#

1713853

Source:

KY MSMLS

Source MLS Verified

About This Home

402 N Hite Ave

This 20-unit multifamily asset is ideally situated just off Lower Brownsboro Road in the established Clifton Heights submarket of East Louisville. The property consists entirely of one-bedroom, one-bathroom units, a highly desirable configuration that supports consistent tenant demand and strong occupancy. Residents benefit from a convenient location with easy access to nearby retail, dining, and everyday amenities, enhancing the property's long-term rental appeal. The asset is professionally managed and features separately metered units with electric HVAC systems. Tenants are responsible for their own heating and cooling costs, helping to minimize operating expenses and reduce ownership risk. Significant capital improvements have been completed over the past five years, including updates to roofs, windows, and HVAC systems, contributing to the property's overall stability and reduced near-term capital needs. This offering represents an opportunity to acquire a well-maintained, income-producing asset in a proven infill location within East Louisville.

Home Facts

Multi-Family

Built in 1966

Price Summary

1,650,000

$149 per Sq. Ft.

MLS #:

1713853

Last Updated:

May 10, 2026, 02:51 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

11,040 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

11,040 Sq. Ft.

Year Built:

1966


Lot

Lot Size (Sq. Ft):

25,003


Finances & Disclosures

Finances

Price:

$1,650,000

Price per Sq. Ft:

$149 per Sq. Ft.

Source:KY MSMLS
The information being provided by Greater Louisville Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Louisville Association Of REALTORS® All rights reserved.

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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.