4342 Newport Rd Louisville, KY 40218

Multi-Family (2-4 Units) MLS #: 1680641 Courtesy Of The Breland Group

$395,000

8 beds | 3,430 sq ft
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Estimated monthly payments: $1,727/mo.* (recalculate)

Property InformationDescription

Great Investment Property with four 2bd 1bath units. Building fully occupied. Some long term tenants that have been living here for 7+ years! Walking distance to GE, Fedex, TARC stops, ALDI's and more. Laundry hook-ups in unit and for each unit in the basement along with extra storage that could be used for extra income. New Roof, HVACs, Appliances and Pavement in 2018. Owner pays Trash and Water while tenants pay electric. Seller will complete a 1031 Exchange with this property. Buyer acknowledges the same when entering into a contract to purchase. Listing Agent is a business partner to the seller but not on this deal. May be purchased together with 4920 Cawood Dr MLS#1680642 which is just down the street.
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Features

  • Age: Over 50 Years Old
  • Architecture Style: New Traditional
  • Exterior Type: Brick, Brick Veneer
  • Heating System: Forced Air
  • Roof Type: Asphalt

MAP & DIRECTIONS

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4342 Newport Rd, Louisville, KY 40218
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School Information

4342 Newport Rd, Louisville, KY 40218

Elementary School
Grades KG-5 | Public School
LUHR ELEMENTARY SCHOOL
Louisville, KY 40228
6900 Fegenbush Ln
502.­485.8295
Distance: 2.1 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
484
Middle School
Grades 6-8 | Public School
NEWBURG MIDDLE SCHOOL
Louisville, KY 40218
4901 Exeter Ave
502.­485.8306
Distance: 1.4 mi
School Rating
D-
Student:Teacher Ratio
17:1
Total Students
1038
High School
Grades 9-12 | Public School
FERN CREEK HIGH SCHOOL
Louisville, KY 40291
9115 Fern Creek Rd
502.­485.8251
Distance: 3.1 mi
School Rating
D
Student:Teacher Ratio
17:1
Total Students
1793
Other Nearby Schools Distance Type Grades School Rating
Mercy Academy 0.8 mi Private 9-12
Watterson Elementary School 1.2 mi Public KG-5 C
Price Elementary School 1.3 mi Public KG-5 D
Nur Islamic School Of Louisville 1.4 mi Private PK-8
Rangeland Elementary School 1.7 mi Public KG-5 F
Newcomer Academy 1.8 mi Public 6-12 F
George Unseld Early Childhood Center 2.1 mi Public PK
Thomas Jefferson Middle School 2.1 mi Public 6-8 D-
Klondike Lane Elementary School 2.2 mi Public KG-5 C+
Seneca High School 2.2 mi Public 9-12 F
Minor Daniels Academy 2.2 mi Public 6-12
Binet School 2.2 mi Public KG-12
John Paul Ii Academy 2.2 mi Private PK-8
Goldsmith Elementary School 2.2 mi Public KG-5 D+
St Gabriel School 2.4 mi Private KG-8
Moore High School 2.7 mi Public 6-12 D
Indian Trail Elementary School 2.7 mi Public KG-5 C-
St Athanasius 2.7 mi Private KG-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Louisville, KY 40218

Median Age: 36.3
Married: 35%
Number of Households: 13,749
Households with Children: 30.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.