Address
1475 S 3rd St, Louisville, KY
Price
$ 599,000
Property Attributes
- MLS#1721583
- TypeMulti-Family
- Listing Status Active
- CountyJefferson
- CityLouisville
- AreaDtwn Old Louisville-Shively-West Lou
- NeighborhoodOLD LOUISVILLE
- Zip40208
- StyleTraditional
- Year Built1919
- Price$ 599,000
- Bedrooms10
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage4786
Data Source:
Metro Search, Inc.
Property Description
Located along Louisville's prestigious Millionaire's Row in the heart of Historic Old Louisville, this exceptional five-unit apartment building offers a rare opportunity to acquire a beautifully maintained, income-producing asset in one of the city's most desirable rental markets. Thoughtfully improved over many years of ownership, the property combines the timeless character of Historic Old Louisville with the modern updates today's tenants expect. Residents enjoy an exceptional location just minutes from the University of Louisville, Downtown Louisville, the Medical District, Norton Hospital, Churchill Downs, restaurants, coffee shops, parks, and entertainment. Ownership has completed extensive capital improvements, including a newer roof, exterior painting and trim, rebuilt deck, upgraded LED exterior lighting, improved common areas, electrical and plumbing upgrades, and numerous additional building system improvements. Apartment interiors have been extensively renovated with updated kitchens featuring modern cabinetry, countertops, and stainless steel appliances, renovated bathrooms, replacement windows, new furnaces and central air systems, updated flooring, fresh interior finishes, and contemporary lighting throughout. Additional improvements include insulated garage door replacement, added laundry hookups, and continued investment in the property's long-term maintenance and functionality. Whether expanding an investment portfolio or acquiring a signature property in one of Louisville's premier historic neighborhoods, 1475 S. 3rd Street offers an exceptional combination of historic character, extensive renovations, strong tenant demand, and long-term investment appeal. Investment Highlights: • Historic five-unit apartment building on prestigious Millionaire's Row • Prime location in Historic Old Louisville • Minutes from the University of Louisville, Downtown Louisville, hospitals, and major employers • Extensive capital improvements completed throughout ownership • Renovated apartment interiors with modern finishes • Electrical, plumbing, HVAC, and building system upgrades • Strong rental demand driven by proximity to UofL, the Medical District, and Downtown Louisville • Turnkey investment in one of Louisville's most sought-after historic neighborhoods
| Price History | |
|---|---|
| 6/25/2026 | Listed $645,000 |
| 7/28/2026 | 7$599,000 |
General Features
| Utilities | Electricity Connected,Fuel:Natural |
|---|---|
| Roof | Shingle |
| Architectural Style | Traditional |
| Construction Materials | Brick,Stone |
| Year Built | 1919 |
| Property Subtype | Apartment |
| County | Jefferson |
| Property Type | Multi Family |
| HOA | false |
| Subdivision Name | OLD LOUISVILLE |
| Garage Y/N | false |
| Status | Active |
| Directions | Highway to 3rd St South. Property is on the Eastside prior to Hillside St. |
| City | Louisville |
| Number Of Units Total | 5 |
| MLS Area | 01-Dtwn Old Louisville/Shively/West Lou |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 0.23 |
| MLS Area Minor | 01-Dtwn Old Louisville/Shively/West Lou |
| Standard Status | Active |
| Tax Lot | 0003 |
Interior Features
| Above Grade Finished Area | 4786 |
|---|---|
| Total Bedrooms | 10 |
| Total Baths | 1 |
Exterior Features
| Exterior Amenities | None |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.23 |
| Building Area Total | 4786 |
| Lot Dimensions | 100X99 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 40208
Price
Year Built
Data last updated: September 25, 2026 3:27 AM UTC and updating occurs daily
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than eXp Realty in Kentucky are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
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