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2020 Midland Ave, Louisville, KY 40204
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2020 Midland Ave, Louisville, KY 40204
2020 Midland Ave, Louisville, KY 40204
2020 Midland Ave, Louisville, KY 40204
2020 Midland Ave, Louisville, KY 40204
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Team Pruitt

Team Pruitt

+1(502) 442-2030
$ 1,556,000
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2020 Midland Ave Louisville, KY 40204

10,446 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 10,446 sqft

Price per Sqft $148

MLS Listing ID 1728201

Style Contemporary

HOA Y/N No

Abv Grd Liv Area 10,446

Year Built 1960

Property Sub-Type Apartment

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 10446

Property Description

Brand new roof and exterior stairs! Located in the historic Cherokee Triangle, this 14-unit property is a rare generational offering. Purpose-built as apartments—an uncommon feature in this submarket—it consists of fourteen 1BR/1BA units with rents well below the sub-market averages. It is just steps from Louisville's most walkable corridors, with convenient access to shopping, dining, and services. Held by the same ownership for decades, the property has benefited from consistent professional management. Units feature forced air heating and central air, with tenants responsible for gas and electric, helping to control operating expenses. Additional savings are achieved through a water and trash recapture program. While current unit conditions meet market demand, there is an opportunity for a new owner to implement upgrades and drive further rent growth. The property has been well maintained with no significant deferred maintenance, and a full electrical panel upgrade was completed in 2023. Opportunities like this are rare, offering stable cash flow and long-term appreciation driven by strong underlying real estate fundamentals.

Location

State KY

County Jefferson

Direction Off Bardstown Rd.

Interior

Heating Forced Air

Exterior

Exterior Feature Balcony

View Y/N No

Roof Type Shingle

Garage No

Building

Architectural Style Contemporary

Structure Type Brick

Greater Louisville MLS (Metro Search Inc)
Copyright 2026 Metro Search, Inc.
Listed by Colliers
Team Pruitt

Team Pruitt

The Real Estate Team License ID: 196568

+1(502) 442-2030

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2020 Midland Ave

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