Property Management
in Louisville, KY

Top 22 Property Management Companies

Companies who earn the iPropertyManagement seal of approval have demonstrated a high standard of excellence for both owners and tenants in the field of property management.

Kentucky

License #: 48092

Property Management and Realty Co

#1 best rated of 22 Louisville, KY property management companies

Based on 3 Reviews Show all

No Reviews Found

502-426-7672
10531 Timberwood Cir c, Louisville, KY 40223
Areas Served Louisville
? BBB: A+
Since 2000
Residential
Commercial
Hoa
  • They are a family-owned and operated company providing services to the east end of Louisville.
  • Specializes in the management of single-family homes.
  • Their monthly management fee is equal to 9% of gross collected rents with a $75 minimum.
  • Their leasing fee is equal to one-half of one month’s rent with a $550 minimum per lease agreement.
  • Their lease renewal fee is equal to $150 per renewed lease.
  • They perform annual maintenance and safety inspections at a rate of $75 per inspection.
  • Services that exceed the scope of property management are billed at $75 per hour or at 3% of bids over $1,500, whichever amount is greater. These services include, but are not limited to, repair supervision, bid coordination, modernization, property rehabilitation, refinancing, court appearances, tax advisement, competitive market analyses, association meeting attendance and preparing a managed unit for sale.

License #: 32022

Metro Realty & Management Inc

#2 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

No Reviews Found

502-500-8057
10323 Linn Station Rd, Louisville, KY 40223
Areas Served Louisville
? BBB: N/A
Since 2000
Residential
Commercial
Hoa
  • Their monthly management fees range between 8% and 10% for single-family residences. Their management fees for larger properties range between 4% and 5%.
  • They use a combination of their full-time, in-house maintenance staff and a list of preferred independent contractors to perform property maintenance and repairs.
  • Provides 24-hour emergency maintenance services.
  • Specializes in property preservation, including lawn maintenance, pool maintenance, winterization, debris removal, boarding, roofing, electrical maintenance and plumbing.
  • Manages tenant evictions.

License #: 11634

ROBERT MASSEY COMPANY

#3 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

No Reviews Found

502-459-7070
2101 Wrocklage Ave, Louisville, KY 40205
Areas Served Louisville
1-10 employees BBB: A+
Since 1956
Residential
Commercial
Hoa
  • Performs an initial interior and exterior site evaluation to determine the work that needs to be completed to get the unit rent-ready and determine the rent value.
  • Conducts a property orientation for new tenants.
  • Employs an in-house maintenance staff for minor repairs and oversees major renovations performed by outside vendors.
  • Provides 24-hour emergency maintenance services and conducts periodic property inspections.
  • Handles lease violations and tenant evictions.
  • Their financial services include monthly statement preparation, 1099 preparation and access to an online portal to view property reports on demand.
  • They offer a one-time leasing program that includes recommendations for preparing the unit for rent, determining rent price, advertising, tenant screening, lease preparation, initial fee collection, utility transfers and lease signing.

License #: 46014

Louisville Properties

#4 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

Based on 2 Reviews Show all

502-744-9504
3418 Frankfort Ave, Louisville, KY 40207
Areas Served Louisville
1-10 employees BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Specializes in residential property management of single-family homes, small apartment buildings and condominiums.
  • Creates custom management proposals for property owners.
  • Offers 24-hour emergency maintenance services.
  • Their financial services include income and expense reports, and accounts payable management.
  • Assists with acquisition of investments upon request.

License #: 16366

Bill Stout Properties

#5 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

Based on 4 Reviews Show all

502-637-7368
522 W Ormsby Ave, Louisville, KY 40203
Areas Served Louisville
? BBB: A+
Since 1953
Residential
Commercial
Hoa
  • Their administrative services include operational and reserve account maintenance, capital fund transfer management, assessment and fee collection, income and expense posting, and legal notice coordination.
  • Their monthly accounting services include operational reports, capital reports, budget variance reports, bank statement reconciliation and delinquency reporting.
  • Their annual accounting services include association fee calculation, distribution of assessment notices to community residents, annual budget submission, preparation of financial documentation for CPA review, 1099 preparation and distribution, and long-range plan development.
  • Conducts periodic inspections and initiates common area improvements.
  • Schedules landscaping, lawn care and snow removal services.
  • Offers 24/7 emergency maintenance services.
  • Creates a property website with contact information, a place for service requests, brokerage assistance information and an email contact form.

License #: 25161

Mulloy Properties

#6 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

Based on 4 Reviews Show all

502-618-5900
P.O. Box 436989, Louisville KY 40253-6989
Areas Served Louisville
1-10 employees BBB: N/A
Since 1990
Residential
Commercial
Hoa
  • Property maintenance is billed at a flat hourly rate.
  • Offers 24/7 on-call emergency maintenance services billed at time and a half.
  • Attends quarterly board meetings and annual membership meetings.
  • Provides bookkeeping services, including accounts payable and receivable, fee collection, account transfers and homeowner reimbursements.
  • Maintains files for current homeowners, contractors, service contracts, liability insurance, invoices and paid receipts.
  • Utilizes Peachtree Accounting Software to generate a report of account balances, delinquencies, an operating statement and a cash flow statement on a monthly basis. They also provide an year-end operating report.
  • Coordinates insurance matters, including assisting the association with selecting an insurance agency, documenting incidents, filing claims and maintaining a file of homeowners’ insurance policies.
  • Collaborates with an approved attorney to coordinate corporate reports, file liens, enforce community regulations and initiate litigation.

License #: ?

FBM Properties

#7 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

No Reviews Found

502-589-5383
333 Guthrie St, Louisville, KY 40202
Areas Served Louisville
1-10 employees BBB: N/A
Since 2010
Residential
Commercial
Hoa
  • The majority of their managed properties are located in downtown Louisville.
  • Specializes in office, retail and medical spaces.

License #: ?

Cornerstone Property Management

#8 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

No Reviews Found

502-384-9012
8003 Lyndon Centre Way, Ste. 101, Louisville KY 40222
Areas Served Louisville
1-10 employees BBB: N/A
Since 2012
Residential
Commercial
Hoa
  • Provides 24/7 emergency response services and conducts periodic property inspections.
  • Their financial services include assessment billing and collection, delinquent payment collection, invoice payment, monthly financial reporting, bank reconciliations, budget preparation and long-term capital planning.

License #: ?

Paragon Management Group

#9 best rated of 22 Louisville, KY property management companies

Based on 1 Review Show all

Based on 1 Reviews Show all

502-451-0485
5151 Jefferson Blvd., Ste. 102, Louisville KY 40219
Areas Served Louisville
? BBB: A+
Since 2002
Residential
Commercial
Hoa
  • Specializes in the management of condominium, townhome and single-family home communities.
  • Provides HOA management services to neighborhoods under development.
  • Offers banking- and bookkeeping-only services.
  • Offers the ability for the association to credit report homeowners.
  • Homeowners can pay assessments via check, eCheck, automatic draft or credit card.
  • They have a CPA on retainer for consultation.

License #: 25613

Schempp Realty and Management, Inc

#10 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

No Reviews Found

502-562-0016
1228 E Breckinridge St, Louisville, KY 40204
Areas Served Louisville
? BBB: N/A
Since 1984
Residential
Commercial
Hoa
  • A locally-owned and operated company specializing in properties located in Louisville, northern Kentucky and northern Indiana.
  • Accepts Section 8 applicants to rent available properties.
  • Provides routine and emergency maintenance services.
  • Financial reports and shared documents are accessible via an online portal powered by AppFolio.

License #: 3576

Investment Property Group

#11 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

No Reviews Found

502-459-5007
2008 Highland Ave, Louisville, KY 40204
Areas Served Louisville
1-10 employees BBB: A+
Since 2006
Residential
Commercial
Hoa
  • Specializes in the management of landmark buildings located in historic communities.
  • Employs a remodeling division to offer design and build-out services.

License #: 70355

Alltrade Property Management

#12 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

Based on 6 Reviews Show all

502-562-1985
710 Barret Ave, Louisville, KY 40204
Areas Served Louisville,Lexington, KY, New Albany, IN, Durham, NC,
51-200 employees BBB: A-
Since 2005
Residential
Commercial
Hoa
  • Provides property management services in areas of Kentucky, Alabama, North Carolina and southern Indiana.
  • Specializes in B- and C-class assets.
  • Offers a customized property management plan to clients.
  • They do not charge a separate leasing fee.
  • Available properties are advertised on Zillow, Craigslist, Alltrade’s website and social media. Yard signage is also provided.
  • Property maintenance and repairs are generally performed by Alltrade’s in-house construction division.
  • Conducts move-in, move-out, new property, due diligence and routine inspections.
  • They obtain approval for property maintenance and repairs exceeding $400 except for emergency situations.
  • Utilizes Rent Manager property management software.
  • Owners may receive their disbursements via direct deposit.
  • Coordinates tenant evictions.
  • Offers a master insurance policy to property owners upon request.
  • Provides due diligence services to current clients and as a third-party contractor.
  • Offers a second-chance leasing program to potential tenants who have rent collection concerns or evictions older than one year.

License #: 13354

Kentucky Realty Corporation

#13 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

No Reviews Found

502-473-0003
3944 Bardstown Rd, Louisville, KY 40218
Areas Served Louisville
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Attends monthly board meetings and annual membership meetings.
  • Their in-house division, Rapp & Associates Inc., employs carpenters, electricians, plumbers, painters, janitors, lawn care professionals and a snow removal team to address maintenance concerns.
  • Coordinates bidding for large-scale improvements.
  • Provides a 24-hour emergency hotline for homeowners.
  • Performs routine common area inspections.
  • Reviews existing contracts to identify opportunities for cost savings.
  • Assists in annual budget preparation.
  • They are insured and bonded for $300,000 per occurrence.

License #: 35899

Broadway Management Group

#14 best rated of 22 Louisville, KY property management companies

No Reviews Found Show all

Based on 32 Reviews Show all

502-584-4400
1220 E Broadway, Louisville, KY 40204
Areas Served Louisville
? BBB: N/A
Since 1992
Residential
Commercial
Hoa
  • Offers leasing services seven days per week.
  • Performs pre- and post-leasing inspections.
  • Provides 24-hour emergency maintenance services.
  • Monthly financial statements include an income register, expense register and cash flow report.

License #: 58473

Winterwood Inc

#15 best rated of 22 Louisville, KY property management companies

Based on 5+ Reviews Show all

No Reviews Found

859-276-5388
1390 Olivia Lane, Ste. 100, Lexington KY 40511
Areas Served Louisville
201-500 employees BBB: A+
Since 1979
Residential
Commercial
Hoa
  • In addition to property management, they are also a Low-Income Housing Tax Credit developer.
  • Utilizes Rentlytics to capture property data.
  • Communicates with property owners via weekly data updates, monthly financial reports, regular emails and scheduled conference calls.
  • Provides same-day response to owner inquiries.

License #: 23318

Bailey Property Management

#16 best rated of 22 Louisville, KY property management companies

Based on 1 Review Show all

Based on 8 Reviews Show all

502-456-5181
1971 Bardstown Rd #2, Louisville, KY 40205
Areas Served Louisville
? BBB: A+
Since 1980
Residential
Commercial
Hoa
  • Their leasing personnel are available six days per week.
  • Provides 24/7 emergency maintenance services.
  • Financial statements are distributed to property owners by the 10th of the month.
  • Owners have access to an online portal powered by Propertyware.
  • Employs a collections team and has relationships with real estate attorneys to assist with delinquent accounts.
  • Offers renovation and development services.
  • Employs a team of brokers to assist in the sale or purchase of investment property.

License #: ?

D F Investment Group LLC

#17 best rated of 22 Louisville, KY property management companies

Based on 1 Review Show all

No Reviews Found

502-339-0611
1024 Third St., Louisville KY 40203
Areas Served Louisville,Lexington,KY
51-200 employees BBB: N/A
Since 2008
Residential
Commercial
Hoa
  • Specializes in the construction, rehabilitation and revitalization of rentals and apartment communities.

License #: ?

Beacon Properties

No Reviews Found Show all

No Reviews Found

502-634-9830
1244 S 4th St #1, Louisville, KY 40203
Areas Served Louisville
? BBB: N/A
Since 2003
Residential
Commercial
Hoa
  • Specializes in the development and management of affordable housing.
  • Their management portfolio includes Section 8 properties, senior housing, transitional housing, mixed-use properties and communities with homeless set-asides as specified in the McKinney Act.

License #: 71035

Evans Property Management

No Reviews Found Show all

No Reviews Found

502-410-4190
445 Baxter Ave., Ste. 200, Louisville KY 40204
Areas Served Louisville
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Specializes in the management of condominiums, industrial spaces, warehouses, retail properties and office buildings.
  • Their facility management services include preventative maintenance, property inspections, 24/7 emergency maintenance, general contracting and contractor supervision.
  • Their financial services include monthly collections, financial reports, budget preparation, tax return preparation and recordkeeping.
  • Conducts periodic insurance policy reviews.

License #: 9491

Lally Company Realtors

No Reviews Found

No Reviews Found

502-773-3121
1298 Eastern Parkway, Louisville KY 40204
Areas Served Louisville
? BBB: N/A
Since 1978
Residential
Commercial
Hoa
  • Their marketing strategy includes MLS listing, property signage and an electronic lockbox allowing other realtors to show the rental.
  • Conducts a walk-through inspection at the beginning and end of tenancy.
  • Coordinates contractor services.
  • Creates an operating account to handle unexpected property expenses.
  • Their condominium and subdivision management services include periodic property inspections, monthly fee collection, service provider payment, service contract review, quarterly income and expense statements distributed to the board, budget and business strategy assistance, quarterly meeting attendance and capital project bidding coordination.

License #: ?

Sun Properties

No Reviews Found Show all

No Reviews Found

502-897-3310
4010 Dupont Cir, Louisville, KY 40207
Areas Served Louisville
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • In addition to leasing services, they also offer brokerage services.
  • Offers site analysis consultation.
  • During initial property set-up, they will transfer utilities, verify adequate insurance coverage, install key systems, establish emergency procedures, set up emergency maintenance coverage, establish the operating budget and negotiate contracts for facility upkeep.
  • Their site maintenance services include rent collection, warranty enforcement, contractor supervision and maintenance supervision.
  • Their financial services include supervision of operating expenses, management of capital expenditures, CAM allocation to tenants and monthly account reporting.

License #: ?

Underhill Associates Inc

No Reviews Found Show all

No Reviews Found

502-581-8800
946 Goss Ave. #6101, Louisville KY 40217
Areas Served Louisville
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Focuses on the preservation and restoration of historic structures.

Louisville vs Nearby Cities

Real estate prices in northwestern Kentucky are rather uniform with the exception of a few popular cities. Median home values in Louisville, Frankfort and Shepherdsville tend to stay below $150,000. Median listing prices in these cities are typically well below $200,000, and most buyers will pay less than $150 per square foot throughout this area of the state.

As the demand for housing in the Louisville area increases, prices are likely to continue rising in years to come. Prices may soon mirror those in La Grange, which rests about 20 miles northeast of Louisville. This city boasts a median sales price over $200,000 much of the time, and many buyers pay more than $200 per square foot for their homes.

Louisville Property Managers

A qualified property manager can help you manage everything from accounting and marketing to basic customer service and rent collection. Some managers specialize in single-family rental homes, townhouses or apartment buildings, but many have the experience to handle any type of rental property. This often includes commercial rental space.

Louisville Property Management Company Fees

Expect an experienced property manager to charge you according to the amount of rent collected from your property each month. This fee can beyond 10 percent if you’re dealing with a professional management team capable of protecting your investment efficiently. Make sure that you know what services are included in that basic fee.

Kentucky Landlord/Tenant Laws

  • Landlords are required to give tenants a notice of at least two days if they intend to enter the property for repairs or inspections.
  • Tenants are often required to notify their landlords when they plan to stay away from the rental property for more than seven days. The landlord must state this requirement in the lease.