312 E  Ormsby Ave, Louisville, KY 40203
FOR SALE

312 E Ormsby Ave
Louisville, KY 40203

Old Louisville
  • 8 Beds
  • 4 Baths
  • 3,184 sqft

$637,143

$637,143

8 Beds
4 Baths
3,184 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Rare new construction quadplex opportunity with built-in upside. This to-be-built property will feature four well-designed units, each offering 2 bedrooms, 1 bathroom, and approximately 796 square feet of efficient living space—ideal for maximizing rental income and tenant appeal. Each unit will be thoughtfully laid out to provide comfortable living, low maintenance, and strong long-term performance. With new construction, investors can benefit from reduced capital expenditures and modern systems from day one. An additional value-add opportunity may exist with the potential for an accessory dwelling unit (ADU) at the rear of the property. Plans are currently in the approval process for a proposed 3-bedroom, 1.5-bath residence; however, construction of the ADU is subject to final approv by the appropriate governing authorities. Pro forma projections indicate a 7% cap rate, making this an attractive option for investors seeking both stability and future growth.

Home Highlights

Parking
No Info
Outdoor
Porch, Deck
A/C
Heating only
HOA
None
Price/Sqft
$200
Listed
17 days ago

Home Details for 312 E Ormsby Ave

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3184 Square Feet
Appliances & Utilities
Utilities: Electricity Connected
Heating & Cooling
Heating: ElectricHas HeatingHeating Fuel: Electric
Gas & Electric
Has Electric on Property

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck, PorchExterior: None
Parking & Garage
No Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 3184 Square Feet

Days on Market

Days on Market: 17

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Construction Materials: Vinyl Siding, Wood FrameAttached To Another Structure
Property Information
Parcel Number: 08032G01150000

Price & Status

Price
List Price: $637,143Price Per Sqft: $200

Active Status

MLS Status: Active

Location

Direction & Address
City: LouisvilleCommunity: Old Louisville

Agent Information

Listing Agent
Listing ID: 1715037

Building

Building Area
Building Area: 3184 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 9583.2 sqft

Miscellaneous

Mls Number: 1715037Above Grade Unfinished Area: 3184
Last check for updates: about 12 hours ago
Listing courtesy of Gary Aronov, (502) 727-3241
Real Estate Go To
Source: Metro Search Inc. LLC DBA Apex MLS, MLS#1715037

Price History for 312 E Ormsby Ave

DatePriceEventSource
04/21/2026$637,143Listed For SaleMetro Search Inc. LLC DBA Apex MLS #1715037
01/21/2026$50,000Sold
Metro Search Inc. LLC DBA Apex MLS #1681532
11/15/2025$65,000PendingMetro Search Inc. LLC DBA Apex MLS #1681532
11/14/2025$65,000PriceChange
Metro Search Inc. LLC DBA Apex MLS #1681532
04/03/2025$80,000PriceChange
Metro Search Inc. LLC DBA Apex MLS #1681532
03/11/2025$90,000Listed For SaleMetro Search Inc. LLC DBA Apex MLS #1681532
07/27/2021$68,000Sold
Metro Search Inc. LLC DBA Apex MLS #1589038
07/07/2021$68,000PendingMetro Search Inc. LLC DBA Apex MLS #1589038
06/23/2021$68,000Listed For SaleMetro Search Inc. LLC DBA Apex MLS #1589038
01/27/2020$615ListingRemovedAgent Provided
12/27/2019$615Listed For RentAgent Provided
09/29/2019$585ListingRemovedAgent Provided
08/29/2019$585Listed For RentAgent Provided
04/20/2019$585ListingRemovedAgent Provided
03/19/2019$585Listed For RentAgent Provided
11/12/2018$585ListingRemovedAgent Provided
10/11/2018$585Listed For RentAgent Provided
02/14/2018$600ListingRemovedAgent Provided
01/29/2018$600Listed For RentAgent Provided
07/10/2017$575ListingRemovedAgent Provided
06/30/2017$575Listed For RentAgent Provided
02/09/2017$565ListingRemovedAgent Provided
01/16/2017$565Listed For RentAgent Provided
12/01/2016$565ListingRemovedAgent Provided
08/09/2012$475ListingRemovedAgent Provided
07/10/2012$475Listed For RentAgent Provided

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Comparable Sales for 312 E Ormsby Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.37
Multi-Family Home
$442,000
12/30/25
7
4
3,736
0.16
Multi-Family Home
$425,000
12/01/25
5
4
2,732
0.37
Multi-Family Home
$345,000
10/16/25
5
5
4,179
0.19
Multi-Family Home
$315,000
09/08/25
5
3
2,230
0.60
Multi-Family Home
$445,000
06/24/25
5
5
4,984
0.76
Multi-Family Home
$423,500
10/07/25
7
5
4,321
0.31
Multi-Family Home
$398,550
03/27/26
4
3
2,574
0.41
Multi-Family Home
$260,000
04/27/26
3
2
1,846
0.61
Multi-Family Home
$400,000
03/04/26
5
4
3,536
0.20
Multi-Family Home
$235,000
10/27/25
2
2
1,161

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Old Louisville

At least 89 Trulia users voted on each feature.
  • 99 % Say there are sidewalks

  • 85 % Say it's dog friendly

  • 75 % Say it's walkable to restaurants

  • 72 % Say there's holiday spirit

  • 65 % Say car is needed

  • 59 % Say parking is easy

  • 59 % Say neighbors are friendly

  • 51 % Say streets are well-lit

  • 49 % Say yards are well-kept

  • 41 % Say there are community events

  • 41 % Say people would walk alone at night

  • 41 % Say they plan to stay for at least 5 years

  • 29 % Say kids play outside

  • 27 % Say there's wildlife

  • 24 % Say it's quiet

  • 21 % Say it's walkable to grocery stores

Learn more about our methodology.
  • Trulia User
    "this neighborhood is good I like it so far I would like to stay in this area for as long as I can't thank you very much"
  • Trulia User
    "the Historic Homes are just breath taking. Absolutely Gorgeous!! They have the Hard wood floors with the Tall Ceilings and Huge windows"
  • Trulia User
    "I’ve loved the time I stayed there it was enjoyable and I felt safe and the neighbors where friendly "
  • Trulia User
    "I’ve been visiting this property for over 6 years it’s always been a good place to visit it’s alway clean and homey"
  • Trulia User
    "There’s just really no place for your dogs to play, there’s roads and alleys everywhere. People drive really fast on the road and it makes it dangerous for the animals. Lots of the yards aren’t fenced in and lead right into the alleys. And most yards aren’t maintained well enough for a dog."
  • Trulia User
    "No kids should have to grow up in this neighborhood. I have not heard good things about this area of Louisville. "
  • Svspag01
    "St James Art Fair, Spring Festival, Iron Man route, there are some neighborhood committee get togethers. "
  • P
    "I bike to work downtown. Access is quick and easy on my bike. I often walk and feel comfortable doing it even at night, but many people don't."
  • P
    "lots of dogs in the area. There are two medium-sized parks nearby but only afew small parks in between."
  • Jessica N.
    "There’s lots of sidewalks to walk your dogs, but not a lot of area where dogs can run around. Backyards are generally small and not often fenced in. "
  • Josh F.
    "a lot of dog owners in the area. but not much green spaces within walking distance to bring them to. need to drive to get to a decently sized dog park "
  • Lindsey D.
    "I don’t know yet still experiencing the area. Seems like a nice neighbor but never the less it still has its issues...."
  • Flannery
    "It’s a really nice area to walk through. I don’t have a dog but I’d love to have one to walk around the neighborhood."
  • Yalonda R.
    "there is not a lot of rentals that are pet friendly for dogs although I noticed a few accept cats. I couldn't find an affordable one and probably wouldn't walk at night. "
  • Molly C.
    "Street traffic is high volume so supervision with your children would be necessary. Amazing parks and friendly people."
  • Caitlin M.
    "I’ve lived her for a year and it is just amazingly beautiful. The history and architecture of St. James is simply unmatched. The local bars, restaurants and coffee shops all in walking distance mixed with Central Park being so close makes it wonderful spot. There is also a police station in the park itself which makes it feel safe."
  • Hutsonsargent
    "Easy to get to all neighborhoods from old Louisville, and interstate is literally blocks away. I can get to downtown or the highlands within 10 minutes, audible is very centrally located"
  • Zack.gallo
    "There is high theft in this area of outdoor/unsecured items. We have had several items stolen off of our terrace, including $250 bicycles, plants and decor. "
  • P.wright16
    "St. James art show. Shakespeare in the park. Other smaller events put on by local businesses, schools & the city. "
  • Mirandadeaton1
    "There is a free dog park, lots of green space at Central Park, and wide sidewalks! People pick up after their dogs, lots of squirrels for entertainment. "
  • Kyla R.
    "Old Louisville is a very beautiful and authentic area of town to live in. It’s near a few schools and great places to eat at. There’s also this cool shop that sells stones."
  • Megan E. M.
    "I walk to work. cars drive too fast. lots of dogs. very walkable. friendly people. I enjoy living here but I will get sick of living in the city eventually. "
  • Samantha B.
    "there are some weird people that live in this neighborhood .i am comfortable to live here .i feel ok to sit outs"
  • Brooke M.
    "General safety with their children. Keep an eye on them outside and walk with them to school or bus stop."
  • RT
    "Old Louisville has really gone down hill. I don’t feel safe walking in the neighborhood anymore. "
  • Crawhorn
    "Lots of people and pets to meet while walking. Limited yards and stacked living spaces make going out a chore."
  • Emmanuel M.
    "friendly during business hours, be sure to take anything valuable indoors. burglars present, cars remain unsafe even outside of homes"
  • Trentonmfarris
    "It’s a downtown area, always stuff going on from marathons to parades to parties at all the bars and clubs."
  • Stacie R.
    "Just keep your kids safe by any means necessary. There are a lot of characters around here.!but over all it’s a safe and diverse area. I’ve moved and come back to Old Louisville three times! So obviously I love this area very much☺️"
  • Schoenslice
    "Love old louisville ! I am a student but I truly love the eclectic mix that this part of town brings into my life "
  • Tabitha
    "Close to everything and the downtown area.. I love living in Old Louisville but apartment and houses are over priced because of the area "
  • Jackson H.
    "Every fall is the St. James art fair, a massive fair of artists from all over the country. During the summer we have Shakespeare in the Park."
  • Tabitha
    "It’s more college students and single people with roommates.. it’s a great school in the neighborhood "
  • Bartt59
    "I grew up here in the 60s and 70s and lived here in the 80s and early 90s. It’s always been home to me and the houses are some of the most unique Victorians around. It’s always good to see some of the older houses being renovated. "
  • Hutson S.
    "Lots of beautiful homes with old charm, each home has its own character and the neighborhood of old louisville feels warm and welcoming "
  • Kmgardner77
    "The energy, the history really make the location. Every home has so much character and beauty. People are generally friendly as well. "

LGBTQ Local Legal Protections

Gary Aronov, Real Estate Go To
Agent Phone: (502) 727-3241
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. © 2026 Metro Search, Inc.
312 E Ormsby Ave, Louisville, KY 40203 is a 8 bedroom, 4 bathroom, 3,184 sqft multi-family built in 2026. 312 E Ormsby Ave is located in Old Louisville, Louisville. This property is currently available for sale and was listed by Metro Search Inc. LLC DBA Apex MLS on Apr 21, 2026. The MLS # for this home is MLS# 1715037.