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6208 Terry Rd, Louisville, KY 40258

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For Sale

$350,000

6 beds • 3,260 sqft

Estimated Payment

$ 1,801 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $107.36
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Don't miss this exceptional investment opportunity in Louisville's exceptional multi-family market! This fully leased quadplex boasts a strong $3,575 monthly rent roll, exceeding the coveted 1% rule and providing immediate cash flow for savvy investors. Located in an area that has experienced 40% appreciation over the past 5 years, this property offers long-term growth potential and consistent rental demand. Whether you're expanding your portfolio or entering the multi-family space, this is a prime opportunity to secure a high-yielding asset in a market that continues to thrive. Louisville remains a top market for multi-family investments, attracting renters with its growing economy, vibrant culture, and affordable living. Take advantage of this cash-flowing property and secure your spot in one of the city's most promising neighborhoods. Schedule a tour today and explore the income potential for yourself!
MLS# 1682489

Courtesy Of Keller Williams Realty, Louisville East

(502) 554-9500

Open Houses

March

25

Tuesday

In Person

Tuesday, March 25, 2025

2:00PM - 3:00PM

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    0.24 Acres

Map and Directions

Directions to 6208 Terry Rd, Louisville, KY 40258

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $1,801
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,801

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Shacklette Elementary School

Grades KG-5 Public School

Louisville, KY 40258 0.7 miles
5310 mercury dr

382 total students
12:1 Student teacher ratio

School Rating: D

School Details

Conway Middle School

Grades 6-8 Public School

Louisville, KY 40258 0.1 miles
6300 terry rd

825 total students
19:1 Student teacher ratio

School Rating: F

School Details

Pleasure Ridge Park High School

Grades 9-12 Public School

Louisville, KY 40258 1 miles
5901 greenwood rd

1590 total students
18:1 Student teacher ratio

School Rating: D

School Details
Other Nearby Schools Distance Type Grades School Rating
Greenwood Elementary School 1.1 miles Public KG-5 D-
St Andrew Academy 1.3 miles Private PK-8
Center At Riverport 1.4 miles Public PK
Wellington Elementary School 1.5 miles Public KG-5 F
Kerrick Elementary School 1.7 miles Public KG-5 F
Eisenhower Elementary School 1.7 miles Public KG-5 C-
Western High School 1.7 miles Public 9-12 F
Farnsley Middle School 1.7 miles Public 6-8 D+
Waller-williams Environmental 1.8 miles Public KG-12
St Paul Catholic School 1.8 miles Private PK-8
Holy Cross High School/diocese 1.9 miles Private 9-12
Sanders Elementary School 2 miles Public KG-5 D-
Notre Dame Academy 2.2 miles Private KG-8
Wilkerson Elementary School 2.6 miles Public KG-5 D-
Beth Haven Christian School 2.7 miles Private KG-12
Crums Lane Elementary School 2.7 miles Public KG-5 D-
Trunnell Elementary School 2.9 miles Public KG-5 C-

Greenwood Elementary School

Distance: 1.1 miles

Type Public

Grades: KG-5

D-

St Andrew Academy

Distance: 1.3 miles

Type Private

Grades: PK-8

Center At Riverport

Distance: 1.4 miles

Type Public

Grades: PK

Wellington Elementary School

Distance: 1.5 miles

Type Public

Grades: KG-5

F

Kerrick Elementary School

Distance: 1.7 miles

Type Public

Grades: KG-5

F

Eisenhower Elementary School

Distance: 1.7 miles

Type Public

Grades: KG-5

C-

Western High School

Distance: 1.7 miles

Type Public

Grades: 9-12

F

Farnsley Middle School

Distance: 1.7 miles

Type Public

Grades: 6-8

D+

Waller-williams Environmental

Distance: 1.8 miles

Type Public

Grades: KG-12

St Paul Catholic School

Distance: 1.8 miles

Type Private

Grades: PK-8

Holy Cross High School/diocese

Distance: 1.9 miles

Type Private

Grades: 9-12

Sanders Elementary School

Distance: 2 miles

Type Public

Grades: KG-5

D-

Notre Dame Academy

Distance: 2.2 miles

Type Private

Grades: KG-8

Wilkerson Elementary School

Distance: 2.6 miles

Type Public

Grades: KG-5

D-

Beth Haven Christian School

Distance: 2.7 miles

Type Private

Grades: KG-12

Crums Lane Elementary School

Distance: 2.7 miles

Type Public

Grades: KG-5

D-

Trunnell Elementary School

Distance: 2.9 miles

Type Public

Grades: KG-5

C-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Louisville, KY 40258

Tour the area

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Louisville, KY 40258

This community’s employment is highest in the production occupations and transportation industries. The area’s overall household expenses are below the national average.

89° July
Hottest Average Month
25° January
Coldest Average Month
10,671 Total Households in Area
-1.3% Increase in population since the year 2010
33.1%
of households
have children
25 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Louisville, KY 40258

Louisville, KY 40258 has a population of 26,539 people in 10,671 households with a median age of 38.5 years old.

-1.3%
Decrease in population
since the year 2010
Population is Trending down
10,771
Total households as of 2010
1.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 38.5 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 69%
Black 19%
Hispanic 6%
Other 3%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 69%, followed by Black at 19%, Hispanic at 6%, and Other at 3%.

Economics
for Louisville, KY 40258

2,014 /sq mi
Population Density
$64,045 /yr
Median Household Income
$215,000
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 21.97% of the households.

Transportation to Work

  • Drive 89%
  • Work from Home 9%
  • Walk or Bike 3%
  • Public Transit 1%

Occupancy by Type

Owned 7,540 67%
Rented 3,132 28%
Vacant 557 5%

White vs Blue Collar Jobs







White Collar 54%
Blue Collar 46%

Family & Education Facts
for Louisville, KY 40258

38.5 Median Age

Average Household Size

2.5
persons per
household

42.6%

Married Households

Community Population By Education

High School Graduate 39%
Some College 23%
Associates Degree 12%
Some High School 11%
Bachelors Degree 11%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 38.99% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
33.1% of households have children

Weather
for Louisville, KY 40258

The weather for this area ranges from a high of 89° F in July to a low of 25° F in January

89° July
Hottest Average Month
25° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
43°
Feb
27°
47°
Mar
35°
57°
Apr
45°
69°
May
54°
77°
Jun
63°
85°
Jul
67°
89°
Aug
65°
88°
Sep
58°
81°
Oct
46°
71°
Nov
37°
57°
Dec
29°
46°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Louisville, KY 40258!
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Copyright © 2025 Greater Louisville Association of REALTORS&#174;. 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. 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

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.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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