229 Sowder Ln
London, KY 40741
- 14 Beds
- 10 Baths
14 Beds
10 Baths
(on 1.31 acres)
Local Information
-- mins to
Description
Investor's Dream! This unique portfolio offers an incredible opportunity to own 10 doors in one transaction, featuring 2 single-family homes (each with 3 bedrooms and 1 bathroom) and 2 quadplexes with a total of 8 studio units. All four buildings are conveniently located on the same street, making them easy to manage and maintain.
#229, #231 and #235 Sowder ln.
Located just 5 minutes from downtown London, KY, and 1 minute from I-75, this portfolio offers easy access to local amenities, employment hubs, and transportation routes. All tenants are on month-to-month leases and have been long-term residents, providing a stable tenant base. Current rents are significantly below market (at least 30%), offering an excellent opportunity to reposition and add value.
The buildings are in need of updates and improvements, making this a prime opportunity for investors ready to unlock the full potential of this portfolio.
Broker owner
#229, #231 and #235 Sowder ln.
Located just 5 minutes from downtown London, KY, and 1 minute from I-75, this portfolio offers easy access to local amenities, employment hubs, and transportation routes. All tenants are on month-to-month leases and have been long-term residents, providing a stable tenant base. Current rents are significantly below market (at least 30%), offering an excellent opportunity to reposition and add value.
The buildings are in need of updates and improvements, making this a prime opportunity for investors ready to unlock the full potential of this portfolio.
Broker owner
229 Sowder Ln, London, KY 40741 is a 14 bedroom, 10 bathroom multi-family. It last sold for $350,000 on Apr 8, 2025 (12% below the $399,000 asking price). It is currently off market. The Trulia Estimate rent is $1,184/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 229 Sowder Ln
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Beds & Baths Number of Bedrooms: 14Number of Bathrooms: 10Number of Bathrooms (full): 10 |
Levels, Entrance, & Accessibility Number of Stories: 1 |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: QuadruplexStructure Type: QuadruplexArchitecture: Quadruplex |
Building Not a New ConstructionAttached To Another Structure |
Property Information Parcel Number: 0503000008.00 |
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Price List Price: $399,000 |
Status Change & Dates Off Market Date: Sat Feb 15 2025Possession Timing: Close Of Escrow, Subject To Tenant Rights |
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MLS Status: Closed |
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Direction & Address City: LondonCommunity: City Limits |
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Lot Area: 1.31 Acres |
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Mls Number: 25000905 |
Last check for updates: about 5 hours ago
Listed by Rocio Gonzalez, (606) 404-2155
Freeman Brothers Realty LLC
Bought with: Austin Polley, (859) 338-2351, Distinctive Living
Source: Imagine MLS, MLS#25000905

Price History for 229 Sowder Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 04/08/2025 | $350,000 | Sold | Imagine MLS #25000905 |
| 03/25/2025 | $399,000 | Pending | Imagine MLS #25000905 |
| 02/16/2025 | $399,000 | Contingent | Imagine MLS #25000905 |
| 01/19/2025 | $399,000 | Listed For Sale | Imagine MLS #25000905 |
Market trends in London
Last updated May 2026
Avg. sale price
$216K
$3.33KMoM
Sale-to-List Price
97.3%
Price per sq ft
$127
$3MoM
Available listings
189
2MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $170 |
| Assessment | $22,000 |
Home facts updated by county records
Comparable Sales for 229 Sowder Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.85 | Multi-Family Home | $255,000 | 02/24/26 | 7 | 5.5 | 2,768 | |
1.27 | Multi-Family Home | $162,000 | 10/01/25 | 1 | 1 | 644 | |
3.67 | Multi-Family Home | $200,000 | 09/12/25 | 6 | 4 | 4,516 | |
4.35 | Multi-Family Home | $227,500 | 03/27/26 | 6 | 3 | 2,140 | |
5.48 | Multi-Family Home | $360,000 | 06/10/26 | 5 | 3.5 | 3,780 | |
5.44 | Multi-Family Home | $213,900 | 06/05/26 | 6 | 2 | 2,030 | |
5.81 | Multi-Family Home | $203,200 | 10/07/25 | 4 | 2 | 1,596 | |
6.52 | Multi-Family Home | $485,000 | 04/13/26 | 24 | 13 | 9,284 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 229 Sowder Ln.
What Locals Say about London
At least 69 Trulia users voted on each feature.
91 % Say parking is easy
91 % Say car is needed
80 % Say yards are well-kept
77 % Say there's holiday spirit
72 % Say it's quiet
68 % Say it's dog friendly
63 % Say there's wildlife
59 % Say kids play outside
59 % Say people would walk alone at night
52 % Say neighbors are friendly
49 % Say they plan to stay for at least 5 years
37 % Say streets are well-lit
30 % Say there are sidewalks
22 % Say it's walkable to grocery stores
21 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 229 Sowder Ln
Off Market Homes Near 229 Sowder Ln

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