1251 S Brook St, Louisville, KY 40203

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1251 S Brook St,Louisville, KY 40203
$2,950,000
  • - Beds
  • - Baths
  • 24,952 sq. ft.
  • Multi-family
  • Active
Listed by: jenny johnston, reed b weinberg
Office: colliers
MLS#:1713850
Source:KY_MSMLS

Price summary

  • Price:$2,950,000
  • Price per sq. ft.:$118.23

About this home

Located in the heart of historic Old Louisville, this architecturally distinctive asset offers a rare opportunity to acquire an investment in one of the city's most character-rich submarkets. Originally constructed in 1930, the property is subject to a LIHTC program with a 60% AMI restriction set to expire in 2041, except for three units which are subject to the HOME program with a 50% AMI restriction. This provides for both stable in-place income and future upside potential. The asset underwent a comprehensive renovation in 2014, and significant capital improvements include a majority roof replacement completed in 2025. The property features a state-of-the-art access control system, enhancing resident security while preserving the private courtyard setting. Landlord is in the process of transitioning to a tenant-paid utility structure, which will enhance operational efficiency and minimize landlord overhead. Unit interiors are thoughtfully equipped with modern conveniences,...

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Home facts

  • Year built:1930
  • Listing ID #:1713850
  • Added:1 day(s) ago
  • Updated:April 09, 2026 at 07:51 PM

Rooms and interior

  • Basement:Yes
  • Living area:24,952 sq. ft.

Structure and exterior

  • Year built:1930
  • Building area:24,952 sq. ft.
  • Lot area:0.68 Acres
  • Construction Materials:brick
  • Exterior Features:Balcony

Finances and disclosures

  • Price:$2,950,000
  • Price per sq. ft.:$118.23