Ormsby Original – Ready for a Full Reno

$25,000

Location


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Louisville , Ky 40210

Details
  • Type: Single Family
  • Bedrooms: 2
  • Bathrooms: 1
  • Square Feet: 880
  • Total Units: 1
Description

Details:

  • 2bd/1ba with 880 sqft
  • Built in 1900
  • Lot Size: 0.05 Acres
  • Vacant
  • Closing on or before 10/17/25
  • Market Rent: $925.00
  • Current Rent: N/A
  • Build your portfolio and rental income !

ARV is $88,000 based on the following comps:

  • 1333 South 22nd Street in Louisville, KY, 40210 is a renovated 744 SqFt, 2 Bed / 1 Bath that sold for $87,000 on 7/31/2025 ($116.94 per SqFt)
  • 2012 Saint Louis Avenue in Louisville, KY, 40210 is a renovated 784 SqFt, 2 Bed / 1 Bath that sold for $75,000 on 10/18/2024 ($95.66 per SqFt)
  • 2124 Standard Avenue in Louisville, KY 40210 is a renovated 880 SqFt, 2 Bed / 1 Bath that sold for 88,500 on 03/12/25 ($88.5 per SqFt)

Repairs: Roof: Needs replacedHVAC

: Needs replacedFlooring

: Needs replacedKitchen

: Needs replacedBathroom

: Needs replacedWindows

: Needs replacedFoundation

: No known issuesOther

: Property part of lien forgiveness program.

Buyer will need to show plans of improvement to city.