Gem on Gwendolyn!
Asking $110,000 or Best offer!
If you're a buyer's agent: Asking $113,300 (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: 721 Gwendolyn St, Louisville, KY, 40203 |
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To submit an offer or set up a viewing please contact Branden at 5024902725 or email branden@streamlineky.com
Details:
- 2bd/1ba with 1168 sqft
- Built in 1916
- Lot Size: 0.07 Acres
- Vacant
- Closing on or before 02/13/26
- Market Rent: $1,500.00
- Current Rent: N/A
- Located minutes from Downtown, Shelby Park, and Old Louisville — an area seeing continued investor activity and renovated sales north of $230K. Surrounding streets show clear signs of reinvestment, making this a prime fix-and-flip or rental conversion opportunity. Comparable renovated homes on nearby blocks confirm buyer demand and resale velocity. Off-market, vacant, and priced to move!
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ARV is $230,000 based on the following comps:
- 1254 S Shelby St in Louisville, KY, 40203 is a renovated 1191 SqFt, 2 Bed / 1 Bath that sold for $249,000 on 5/16/2025 ($209.07 per SqFt)
- 717 E Ormsby Ave in Louisville, KY, 40203 is a renovated 998 SqFt, 2 Bed / 1 Bath that sold for $225,000 on 3/28/2025 ($225.45 per SqFt)
- 521 E Saint Catherine Steet, Louisville, KY 40203 is a renovated 1184 SqFt, 2 Bed / 1 Bath that sold for $230,000 on 09/29/2025 ($194.26 per Sqft)
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Repairs:
Roof: Unknown, budgeted for replacement
HVAC: Unknown, budgeted for replacement
Water Heater: Missing, budgeted for replacement
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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! |
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| 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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