1418 Thornberry Avenue, Louisville, KY, 40215

Buy and Hold on Thornberry!

Asking $80,000.00 or best offer
If you're a buyer's agent: Asking $82,400.00 (includes a 3% broker compensation) or best offer.

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

1418 Thornberry Avenue, Louisville, KY, 40215

Zillow

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Video Walkthrough

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

Details:

2bd/1ba with 728 sqft
Built in 1949
Lot Size: 0.12 Acres
Vacant
Closing on or before 01/09/26
Market Rent: $1,100.00
Current Rent: N/A
With estimated market rent around $1,100/month, this 2/1 presents a strong rent-to-price ratio for buy-and-hold investors targeting consistent cash flow. The property is vacant and ready for repositioning, with a newer water heater and functional mechanicals already in place. Thornberry Ave continues to perform well for long-term rentals due to affordability and steady tenant demand. Ideal for BRRR or DSCR buyers looking for stable yield in South Louisville.

ARV is $135,000 based on the following comps:

1422 Thornberry Avenue in Louisville, KY, 40215 is a clean but outdated 728 SqFt, 2 Bed / 1 Bath that sold for $125,000 on 11/7/2025 ($171.7 per SqFt)
1616 Phyllis Avenue in Louisville, KY, 40215 is a renovated 700 SqFt, 2 Bed / 1 Bath that sold for $130,000 on 1/31/2025 ($185.71 per SqFt)
1413 Thornberry Avenue in Louisville, KY, 40215 is a renovated 728 SqFt, 2 Bed / 1 Bath that is pending sale for $134,900 ($185.3 per SqFt)

Repairs:

Roof: Unknown, no known issues

HVAC: Furnace - 2016, AC - 1992, no known issues on either

Water Heater: 2023

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.

$2,500 earnest money check required for all buyers.

Title is already open with our preferred partner, Borders & Borders, PLC, 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