1509 S 3rd St, Louisville, KY 40208
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1509 S 3rd St,Louisville, KY 40208
$550,000
- 7 Beds
- 5 Baths
- 4,386 sq. ft.
- Multi-family
- Active
Listed by:courtney celasun
Office:six degrees real estate, llc.
MLS#:1685255
Source:KY_MSMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$153.37
About this home
Discover a rare multifamily investment opportunity in the heart of Old Louisville on the prestigious ''Millionaire's Row,'' just steps from the University of Louisville campus. This grand Victorian-era quadplex blends historic charm with solid rental income potential. A welcoming covered porch and ornate entry hall lead into four spacious units, two of which have been recently renovated. One unit stands out with 4 bedrooms and 2 bathrooms, making it ideal for an owner-occupant seeking to offset living costs or for attracting premium rent.
Tenants are responsible for all utilities, including water, helping to streamline operating expenses. A fenced rear yard offers privacy, while a 3-car garage accessible via the alley provides additional income potential or valuable off-street parking. The building is equipped with two furnaces and one shared water heater, with laundry facilities conveniently located in the basement for all residents. With easy-to-rent units and significant upside in the remaining two units that are either MTM or coming up for lease soon, this property presents an excellent opportunity for investors or owner-occupants alike to secure a piece of one of Louisville's most iconic neighborhoods.
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Home facts
- Year built:1906
- Listing Id #:1685255
- Added:111 day(s) ago
- Updated:August 06, 2025 at 02:45 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Living area:4,386 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:FORCED AIR, Natural gas
Structure and exterior
- Year built:1906
- Building area:4,386 sq. ft.
- Lot area:0.15 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$153.37
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