Lay Up on Lou Gene!
We are selling our assignable purchase contract on the property below:
1520 Lou Gene Ave, Louisville, KY, 40216 |
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Open House: Thursday, June 11 @ 11:00 AM (ET) Offer Deadline: Friday, June 12 @ 11:00 AM (ET) Submit Offers Starting At Or Above: $140,000
No extensions will be granted. Buyers Agent include your commission when submitting offers!
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To submit an offer or set up a viewing please contact Branden at (502) 490-2725 or email branden@rapidfireinvestments.com
Details:
- 3bd/1.5ba with 1800 sqft
- Built in 1972
- Lot Size: 0.15 Acres
- Family Member Occupied
- Closing on or before 07/01/26
- Market Rent: $2,000
- Current Rent: N/A
- This is a functional 3-bedroom layout, an additional half bath, detached garage, and basement storage. With renovated comps supporting values in the mid-$200s, this is a straightforward value-add project with multiple exit strategies, whether you're looking to flip, refinance, or build long-term rental cash flow.
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ARV is $250,000 - $270,000 based on the following comps:
- 1562 Knight Rd in Louisville, KY, 40216 is a renovated 1455 SqFt, 3 Bed / 2.5 Bath that sold for $270,000 on 8/8/2025 ($185.57 per SqFt)
- 4439 Malcolm Rd in Louisville, KY, 40216 is a as is, not renovated 1125 SqFt, 3 Bed / 2 Bath that sold for $240,000 on 3/3/2026 ($213.33 per SqFt)
- 1520 Lou Gene Ave in Louisville, KY, 40216 is a renovated 1443 SqFt, 3 Bed / 2 Bath that sold for $255,000 on 4/17/2026 ($176.72 per SqFt)
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Repairs:
Roof: 13 Years Old
HVAC: 15+ Years Old
Water Heater: 15+ Years Old
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To submit an offer or set up a viewing please contact Branden at (502) 490-2725 or email branden@rapidfireinvestments.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! |
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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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