1014 Schiller Ave, Louisville, KY 40204

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1014 Schiller Ave,Louisville, KY 40204
$349,700
Virtual Tour
  • 5 Beds
  • 3 Baths
  • 2,311 sq. ft.
  • Multi-family
  • Active
Listed by: mollie younger noe, jessica roth
Office: exp realty llc.
MLS#:1703716
Source:KY_MSMLS

Price summary

  • Price:$349,700
  • Price per sq. ft.:$151.32

About this home

Prominent Germantown Commercial corner, ZONING leaves options! Successful STR neighbor! Close to Louisville's most beloved restaurants, coffee shops, and local hotspots, 1139 E St. Catherine Street, combined with 1014 & 1016 Schiller Avenue, presents an investment opportunity in one of the city's strongest rental corridors. Held by the same owner for over 20 years, this 1900 3 plex blends historic charm with proven performance. With three separately metered units, in-unit laundry in every unit, and a newer roof plus HVAC updates in the longest-standing apartment, this property is both stable and packed with value-add upside. Two updated units within the past 10yrs ($935 & $975), well below today's Germantown market rates, and one long-term tenant of 20 years sits at $675/month At stabilization, projected market rents of $1,200-$1,350 per unit and support estimated property values between $440,000 and $500,000+, depending on finishes and cap rate targets. With strong walkability,

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Home facts

  • Year built:1900
  • Listing ID #:1703716
  • Added:85 day(s) ago
  • Updated:February 10, 2026 at 04:06 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Living area:2,311 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:FORCED AIR, Natural gas

Structure and exterior

  • Year built:1900
  • Building area:2,311 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$349,700
  • Price per sq. ft.:$151.32

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