1240 S 1st St, Louisville, KY 40203
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1240 S 1st St,Louisville, KY 40203
$700,000
- 6 Beds
- 5 Baths
- 4,958 sq. ft.
- Multi-family
- Coming Soon
Listed by: michael mawood
Office: re/max results
MLS#:1727957
Source:KY_MSMLS
Price summary
- Price:$700,000
- Price per sq. ft.:$141.19
About this home
Awesome Old Louisville 5-unit building with Mid-term rentals located on South First St. Stunning and remarkable renovation that offers 5 Derby themed furnished spaces and is currently bringing in $7,995 per month in rents. 4 one-bedroom units and one spacious 2-bedroom unit. Each unit offers an all-in-one washer/dryer unit for resident convenience. Each unit has fully equipped kitchens (pots, pans, cutlery, dishware, etc.) with stoves, dishwashers, microwaves & refrigerators and all small kitchen appliances. All furniture, bedding, linens, towels, etc.) will remain. Lots of original oak hardwood flooring, original fireplace mantels, some claw foot tubs, all bedrooms have black out blinds in them. Most of the residents are traveling nurses who generally stay for 3 - 6 months. The building went through a full restoration/renovation in 2023 that included updating electrical, plumbing, 5 HVAC systems, new hanging gutters, downspouts & box gutters reworked. All kitchens and baths were thoughtfully renovated at this time as well. Each unit is separately metered for gas & electric (however the current owners pay all utilities and internet as a convenience to the residents). Parking is not an issue here, the 35' X 200' lot provides parking for up to 8 vehicles. Water, sewer, gas and electric average around $1060 per month. The owners also provide Internet access to all units, which is $115 per month....
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Home facts
- Year built:1897
- Subdivision & Development:OLD LOUISVILLE
- Listing ID #:1727957
- Updated:September 02, 2026 at 04:48 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Basement:Yes
- Living area:4,958 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:FORCED AIR, Natural gas
- Central air:Yes
Structure and exterior
- Year built:1897
- Building area:4,958 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Sidewalk
- Architectural Style:Traditional
- Construction Materials:Stone, Wood Frame, brick
- Exterior Features:Deck, Porch
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$141.19
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