1514 S 3rd St, Louisville, KY 40208
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1514 S 3rd St,Louisville, KY 40208
$875,000
- 11 Beds
- 11 Baths
- 6,016 sq. ft.
- Multi-family
- Active
Listed by: michael mawood
Office: re/max results
MLS#:1716550
Source:KY_MSMLS
Price summary
- Price:$875,000
- Price per sq. ft.:$145.45
About this home
Great Old Louisville Investment offering over 6000 Sq. Ft with 10 rental units all under one roof. Excellent location just 2 blocks from University of Louisville situated on what is known as "Millionaires Row" with stunning exterior architecture. Unlike some, this one still has lots of original "old world charm" with beautiful entry foyer and the grand sweeping staircase, beautiful oak flooring with inlays and numerous original fireplace mantels. There is also off-Street parking for 3 cars off the rear alley. Currently fully rented with $7435 in monthly income and potential to raise rents. There is a large 2 bedroom/2 bath, 4-one bedrooms and 5 studio style apartments. This building is not separately metered; however, the management company uses the ratio utility billing system to recoup the utility expenses from tenants. In 2025 the tenants paid $15,494.00, covering all the utility expenses. This property has a great rental history and is easy to keep fully occupied. See attached rent roll and P&L in documents. First showings will be on Monday, 3/16/26 from 4 - 6 PM. Call your agent or call me to schedule a time in the mentioned window....
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Home facts
- Year built:1890
- Listing ID #:1716550
- Added:7 day(s) ago
- Updated:May 14, 2026 at 02:38 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:11
- Basement:Yes
- Living area:6,016 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Steam
Structure and exterior
- Year built:1890
- Building area:6,016 sq. ft.
- Lot Features:Sidewalk
- Architectural Style:Traditional
- Construction Materials:Stone, Wood Frame, brick
- Exterior Features:Deck, Porch
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$145.45
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