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Clifton Portfolio | 13 Unit Multifamily Opportunity

$1,295,000

307 S Ewing Ave, Louisville, KY 40206

Active
Last Updated: 05/16/2025

13 sqft

Building Size

C

Class

Details:
Building Size:    13 sqft
Class:    C
Units:    13
Year Built:    1946
Floors:    2
Highlights:
  • 13-unit portfolio across three adjacent properties in Crescent Hill.
  • All units are one-bedroom, one-bathroom layouts.
  • Average in-place rent of $809 with market rent at $900.
  • Located just four miles from Downtown Louisville.
  • Walkable to Frankfort Avenue’s shops, restaurants, and nightlife.
  • Near Cherokee Park and other outdoor amenities.
  • Strong occupancy with value-add potential through light upgrades.
  • Desirable historic neighborhood with long-term tenant appeal.
Description:

SVN Stone Commercial Real Estate is pleased to present this 13-unit multifamily investment spread across three adjacent properties in Louisville’s highly sought-after Crescent Hill neighborhood. Located at 304, 306, and 307 S Ewing Avenue, these one-bedroom, one-bathroom units offer investors an opportunity to acquire a well-positioned asset in a vibrant and stable rental submarket.

With average in-place rents of $809 and market rents projected at $900, the portfolio provides immediate income with upside through light value-add improvements and leasing at market rates. The buildings are located just four miles east of Downtown Louisville and a block from Frankfort Avenue - home to some of the city's best local dining, retail, and nightlife. Residents benefit from walkable access to cultural venues, neighborhood parks, and nearby green spaces like Cherokee Park.

Crescent Hill’s combination of historic charm, strong community appeal, and proximity to major employers makes this portfolio an excellent option for investors seeking long-term growth in one of Louisville’s most enduring neighborhoods.

Situated in Louisville's vibrant Crescent Hill neighborhood, the properties at 304, 306, and 307 Ewing Avenue offer residents a blend of historic charm and modern convenience. Louisville, Kentucky's largest city, is known for its diverse economy, rich cultural heritage, and strong community spirit.

These properties are located just 11 miles southeast of downtown Louisville, providing easy access to major employment centers, shopping districts, and recreational areas. The city's strategic location along the I-65 corridor and proximity to multiple interstates make it a regional hub for commerce and transportation.

Residents can enjoy nearby attractions such as Cherokee Park, the Louisville Waterfront Park, and a variety of local restaurants and boutiques along Frankfort Avenue. The area is also served by public transportation, enhancing accessibility throughout the city.

This location combines the tranquility of suburban living with the convenience of urban access, making it an attractive option for tenants seeking both comfort and connectivity.

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