Based on 5 reviews
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This property seems like a fantastic opportunity for anyone interested in the St. Matthews market. The combination of a large existing home, a separate carriage house, and a buildable lot is hard to beat. It offers immediate rental potential while allowing for future expansion or redevelopment. The neighborhood feels established and desirable.
Quick access to I-64 and nearby parks makes this location highly convenient for commuters and families alike.
I was really impressed by how much value is packed into this single address. The fact that you get two legally separate parcels plus a carriage house apartment is rare. It offers exceptional flexibility for developers who want immediate rental income while planning future construction. The location in St. Matthews is prime, with quick access to I-64 and major employers. The existing home is large, and the vacant lot adjacent to it is ready for development. It feels like a smart move for anyone looking to maximize returns in an appreciating market. The separate utilities for the carriage house make it ideal for tenants right away.
From the information available, the property sits in a highly desirable neighborhood with strong average home values. The ability to hold and subdivide or redevelop both parcels is compelling. However, the exact zoning restrictions for the vacant lot would need verification through the planning officer, as the text mentions R-4 or R-5 zones but does not specify which applies to the buildable portion. This requires extra due diligence before committing.
The two-lot structure on Dayton Avenue offers interesting flexibility for future development. Having a separate carriage house ready for rental income adds immediate value to the package. It seems like a practical setup for investors looking at the St. Matthews area.
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3339 Dayton Ave is a two-parcel real estate offering in St. Matthews, Louisville, Kentucky, presented as a development opportunity. The property includes a single-family home built in 1981 with four bedrooms, three bathrooms, and approximately 4,125 square feet of living space, along with a separate rental-ready carriage house apartment. The adjacent parcel at 3341 Dayton Ave is described as a vacant, buildable lot of about 8,738 square feet, bringing the combined lot area to roughly 17,450 square feet across two legally separate parcels. The listing outlines several potential uses, including constructing a second residence, expanding the estate, redeveloping the combined lots, or holding and subdividing the parcels for separate sale.