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4534 Lake Dreamland Dr

Louisville, KY 40216
  • $94,500
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 1684034
Price Reduced
UPDATED: 118 min ago
$94,500
  • 3
    BEDS
  • 0.2
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,824
    SQFT
  • $52
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1938
County:

School Ratings & Info

School District:

Description

Investor alert! Welcome to 4534 Lake Dreamland Dr, a unique opportunity tucked into a quiet, wooded neighborhood in Louisville, KY. This property is perfect for an investor looking to create two rental units with excellent potential for cash flow. The downstairs unit is fully complete, featuring three spacious bedrooms and one full bathroom, along with a private deck and outdoor space ideal for relaxing or entertaining. The upstairs unit is partially finished and, once completed, will mirror the lower level with its own three-bedroom, one-bathroom layoutdoubling your income possibilities. The home also offers plenty of parking, providing convenience for tenants or guests, and the lot has ample space for outdoor use or future improvements. Located just minutes from (cont. >> >>) Cane Run Road, this property offers both privacy and convenience. Nearby, you'll find everyday amenities like grocery stores, including Kroger and Dollar General, along with a variety of local dining options from quick takeout to sit-down restaurants. The area is also home to several community parks such as Riverside Gardens Park, where you can enjoy river views, green space, and walking trails. With easy access to I-264, commuting to downtown Louisville, the airport, or other parts of the city is a breeze. Whether you're planning to rent both units or live in one while generating income from the other, this property offers smart, flexible investment potential in a well-established part of Louisville.

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© 2025 Metro Search Inc. All rights reserved. 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 Keller Williams Realty Louisville East 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. Data last updated: 2025-04-27T23:58:12.323.
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4534 Lake Dreamland Dr Louisville, KY 40216

  • Price: $94,500
  • Status: Active
  • On Site: 17 Days
  • Updated: 118 min ago
  • ID#: 1684034
3
Beds
1
Baths
0
½ Baths
0.2
Acres
1,824
SQFT
$52
$/SQFT
1938
Built
Neighborhood:
Lake Dreamland
County:
Jefferson
Area:
Pleasure Ridge/Valley Station/Shively
School District:
Jefferson
Property Description
Investor alert! Welcome to 4534 Lake Dreamland Dr, a unique opportunity tucked into a quiet, wooded neighborhood in Louisville, KY. This property is perfect for an investor looking to create two rental units with excellent potential for cash flow. The downstairs unit is fully complete, featuring three spacious bedrooms and one full bathroom, along with a private deck and outdoor space ideal for relaxing or entertaining. The upstairs unit is partially finished and, once completed, will mirror the lower level with its own three-bedroom, one-bathroom layoutdoubling your income possibilities. The home also offers plenty of parking, providing convenience for tenants or guests, and the lot has ample space for outdoor use or future improvements. Located just minutes from (cont. >> >>) Cane Run Road, this property offers both privacy and convenience. Nearby, you'll find everyday amenities like grocery stores, including Kroger and Dollar General, along with a variety of local dining options from quick takeout to sit-down restaurants. The area is also home to several community parks such as Riverside Gardens Park, where you can enjoy river views, green space, and walking trails. With easy access to I-264, commuting to downtown Louisville, the airport, or other parts of the city is a breeze. Whether you're planning to rent both units or live in one while generating income from the other, this property offers smart, flexible investment potential in a well-established part of Louisville.
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Vinyl Siding Exterior Features [] Foundation Details Poured Concrete Roof Shingle

Interior Features

1st Floor Bedrooms 3 2nd Floor Bedrooms 0 Above Grade Finished Area 1824 Basement Unfinished Bedroom Level First Below Grade Finished Area 0 Building Area Total 1824 Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 First Floor Laundry No First Floor PBR Yes Heating Forced Air Heating YN Yes Laundry Features [] Laundry Level Basement Num Basement Bedrooms 0 Num Upper Floor Bedrooms 0 Rooms Bedroom Yes Rooms Full Bathroom Yes Rooms Full Bathroom Level First Rooms Kitchen Yes Rooms Kitchen Level First Rooms Laundry Yes Rooms Laundry Level Basement Rooms Living Room Yes Rooms Living Room Level First Rooms Primary Bedroom Yes Rooms Primary Bedroom Level First Rooms Total 7

Property Features

Association Amenities [] Association Fee 0 Association Fee Includes [] Association YN No Fencing Wood Garage YN Yes HOAAnnual 0 HOAFee No HOAYN No Lot Features ClearedLevel Lot Size Area 0.2 Other Structures [] Parking Features DetachedDriveway Property Sub Type Single Family Residence Stories2 2 Utilities Electricity Connected Waterfront Features []

Listing provided courtesy of Keller Williams Louisville East: (502) 554-9500. © 2025 Metro Search, Inc. All rights reserved.


© 2025 Metro Search Inc. All rights reserved. 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 Keller Williams Realty Louisville East 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. Data last updated: 2025-04-27T23:58:12.323.
 
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Keller Williams Realty Louisville East
9911 Shelbyville Rd Ste 100
Louisville KY, 40223