St. Matthews, Louisville KY
3339 Dayton Avenue
A Rare Two-Lot Development Opportunity
St. Matthews, Louisville KY
A Rare Two-Lot Development Opportunity
This isn't just a home. It's two legally separate parcels plus a rental-ready carriage house apartment in one of Louisville's most desirable neighborhoods, offering exceptional flexibility and immediate income potential for investors and developers.
Single Family Home
Parcel: 22041100270000
Buildable Lot
Parcel: 22041100280000
Take a walkthrough tour of the home and see the development potential firsthand.
Play Video TourConstruct a second residence on the vacant 3341 lot while retaining the existing home as a rental or for resale.
Utilize both parcels to create a larger estate footprint with expanded living space, pool, or accessory structures.
Clear and build new construction spanning both lots for a premier custom home in a $700K+ neighborhood.
Separate the parcels for individual sale, maximizing return in this appreciating St. Matthews market.
The separate carriage house apartment has its own HVAC system, ready for immediate rental income while you develop the adjacent lot.
| Year Built | 1981 |
| Stories | 2 |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Living Area | 4,125 sq ft |
| Construction | Brick Veneer |
| Roof | Composition Shingle |
| Parking | 4-6 Spaces |
| HVAC | Central Air |
| Features | Fireplace, Updated Flooring |
| Total Lot Area | ~17,450 sq ft |
| Home Lot (3339) | 8,712 sq ft |
| Vacant Lot (3341) | 8,738 sq ft |
| Subdivision | Cherokee Court |
| Tax Block | 0411 |
| Flood Zone | Minimal Risk |
| Structure | Separate Building |
| HVAC | Independent System |
| Rental Ready | Yes |
| Utilities | Separate from Main Home |
The carriage house apartment operates independently from the main residence with its own HVAC system, making it ideal for immediate rental income.
Front Exterior
Entry
Backyard Expanse
Rear Yard
Aerial View
Driveway
Patio
Rear Patio
Living Room
Alley Access
Garage
Laundry
Stairway
Upper Level
Situated in the heart of St. Matthews, one of Louisville's most sought-after communities, this property offers exceptional access to amenities, dining, and parks.
Cherokee Court subdivision in St. Matthews (40207). Average home values exceed $700,000 in this established, tree-lined community.
Quick access to I-64 via Cannons Lane. Minutes to downtown Louisville, major employers, and Louisville Muhammad Ali International Airport.
Cherokee Park, Seneca Park, St. Matthews Mall, and the vibrant Frankfort Avenue corridor with dining and shopping.
From I-64, take the Cannons Lane North exit. Turn right onto Dayton Ave. Property is on the left.
3339 Dayton Ave
St. Matthews, KY 40207
St. Matthews utilizes Louisville Metro's Land Development Code. Most residential land in this area is zoned R-4 or R-5, permitting single-family dwellings with minimum lot sizes of 9,000 or 6,000 sq ft respectively.
For specific zoning verification and development inquiries:
Interested in exploring this development opportunity? Reach out for additional information, to schedule a viewing, or to discuss the property's potential.