4138 Mae Ave, Louisville, KY, 40216

Rental play on Mae Ave

Starting at $79,000

Walk Thru Friday at 12 PM

Offer Deadline Friday at 5 PM
Buyers Agent include your commission when submitting offers!

Streamline Realty is representing Rapid Fire Investments who is selling their assignable purchase contract on the property below:

4138 Mae Ave, Louisville, KY, 40216

To submit an offer or set up a viewing please contact Branden at 5024902725 or email branden@streamlineky.com

Details:

2bd/2ba with 930 sqft
Built in 1957
Lot Size: 0.14 Acres
Owner Occupied
Closing on or before 07/15/26
Market Rent: $1,200
Current Rent: N/A
This is a straightforward rental play in a proven landlord pocket of 40216. The deal supports strong cash-on-cash returns with room to force appreciation over time. Solid mechanicals mean less upfront spend and faster stabilization. Inventory at this price is tight- ideal for investors looking to scale doors efficiently

ARV is $150,000 based on the following comps:

3004 Wayne Rd in Louisville, KY, 40216 is a renovated 952 SqFt, 3 Bed / 1 Bath that sold for $175,000 on 8/27/2025 ($183.82 per SqFt)
4107 Riedley Ct in Louisville, KY, 40216 is a clean but outdated 888 SqFt, 2 Bed / 1 Bath that sold for $118,000 on 8/20/2025 ($132.88 per SqFt)
4106 Riedley Ct in Louisville, KY, 40216 is a renovated 970 SqFt, 3 Bed / 1 Bath that is pending sale for $169,999 ($175.26 per SqFt)

Repairs:

Roof: 7 years old

HVAC: 7 years old

Water Heater: 7 years old

To submit an offer or set up a viewing please contact Branden at 5024902725 or email branden@streamlineky.com

Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.

$5,000 earnest money check required for all buyers.

Title is already open with our preferred partner, Turn Key Title, ensuring a smoother, expedited closing process by working directly with our trusted team.

Realtors, add your fee (whatever you like) and bring us a buyer!

Not interested in this deal? Click here to view our other listings

We are growing our team!

We are hiring! We believe in developing world-class salespeople, investors, and human beings. This is a career, not just a "job." Our people will have the ability to earn really well and invest in their future through real estate.

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Questions? I can Help!

Branden MilettaInvestment Sales Specialist

Don’t miss out! To submit an offer or schedule a viewing, contact me now at (502) 490-2725