$296,000
$295,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
1382 Dixie Hwy Louisville, KY 40210
5 Beds
3 Baths
3,152 SqFt
Key Details
Sold Price $296,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,152 sqft
Price per Sqft $93
Subdivision Park Hill
MLS Listing ID 1656660
Sold Date 09/10/24
Bedrooms 5
Full Baths 2
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 2,732
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1963
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Single Family Residence
Property Description
Introducing a prime investment opportunity in a bustling commercial zone! This high-traffic, expansive mixed-use building boasts coveted C2 zoning, opening doors to a plethora of possibilities for astute investors and business owners.
The ground level offers a versatile space, ripe for customization. Whether you envision it as an office, storage facility, extra parking, or the operational hub for your business, the possibilities are endless. A convenient half bathroom enhances the functionality of this level.
Looking to diversify? Consider transforming the ground level into a warehouse space to cater to storage needs or as a hub for distribution operations. The flexibility of the layout allows for seamless adaptation to various business ventures.
Ascend to the second floor to discover a beautifully renovated living space. This level hosts a fully refurbished 4-bedroom, 2-bathroom apartment, featuring a spacious kitchen, inviting living room, large laundry area with a mud/setting room, and a sprawling outdoor porch.
Freshly painted both inside and out, the building exudes a renewed charm, with all-new garage doors, windows, tile, luxury vinyl plank, and carpet flooring throughout. The kitchen shines with new cabinets, granite countertops, and stainless steel appliances, combining style with practicality.
Generously-sized bedrooms offer ample closet space, ensuring comfort for residents. Plus, the potential for an additional bedroom on the entry level could easily transform this into a 5-bedroom residence, accommodating diverse living arrangements.
A testament to its potential, the previous tenant, a large family, leased the entire building for $3,000 per month, operating their flooring and carpet business on the ground floor while residing upstairs.
Looking to capitalize on the booming short-term rental market? Explore the option of converting the upper level into an Airbnb unit, tapping into the lucrative hospitality sector.
With separate meters already installed, the property lends itself to various configurations, from a duplex setup to a multi-family residence, presenting endless opportunities for maximizing returns.
Don't miss out on this exceptional chance to invest in a property offering both commercial and residential potential. Seize the opportunity to leave your mark in this dynamic real estate landscape - schedule your viewing today!
Location
State KY
County Jefferson
Direction Corner of Dixie Hwy and Woodland Ave, right across from Nailchella Nail Academy.
Rooms
Basement None
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street, Attached, Entry Front, Entry Side, Lower Level
Garage Spaces 5.0
Fence None
View Y/N No
Roof Type Rubber,Flat
Porch Patio, Porch
Garage Yes
Building
Story 2
Foundation Concrete Blk
Sewer Public Sewer
Water Public
Structure Type Block
Schools
School District Jefferson
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

EWN Real Estate Group
ewn@ewn-re.comOur team is ready to help you sell your home for the highest possible price ASAP

Copyright 2025 Metro Search, Inc.
EWN Real Estate Group