Gilmore needs a Glow up!
Asking $65,000 or Best Offer If you're a buyer's agent: Asking $61,800 (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: 1218 Gilmore Ln, Louisville, KY, 40213 |
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To submit an offer or set up a viewing please contact Branden at 5024902725 or email branden@streamlineky.com
Details:
- 3bd/1ba with 1217 sqft
- Built in 1943
- Lot Size: 0.43 Acres
- Vacant
- Closing on or before 03/31/26
- Market Rent: $1,460.00
- Current Rent: N/A
- This is a true margin deal for experienced flippers — entry at $65K with strong renovated comps supporting a $190K–$205K ARV. Even with a full gut scope, the spread leaves room for healthy profit in a proven resale pocket. Large lot, clean layout, and multiple nearby exits reduce downside risk
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ARV is $190,000 - $205,000 based on the following comps:
- 1216 Gilmore Ln in Louisville, KY, 40213 is a renovated 1125 SqFt, 3 Bed / 1 Bath that sold for $190,000 on 11/19/2025 ($168.89 per SqFt)
- 4931 Raven Rd in Louisville, KY, 40213 is a renovated 1241 SqFt, 3 Bed / 1 Bath that sold for $205,000 on 3/20/2025 ($165.19 per SqFt)
- 4825 Redwing Way, Lynnview, KY 40213 is a renovated 1164 SqFt, 3 Bed / 1 Bath that sold for $225,000 on 11/4/2025 ($193.30 per SqFt)
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Repairs:
Roof: Recommend replacement
HVAC: Recommend replacement
Water Heater: Recommend 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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