Address
1122 Garvin Pl, Louisville, KY
Price
$ 2,599,000
Property Attributes
  • MLS#1721984
  • TypeMulti-Family
  • Listing Status Active
  • CountyJefferson
  • CityLouisville
  • AreaCentral Downtown District-Old Louisville
  • NeighborhoodOLD LOUISVILLE
  • Zip40203
  • StyleOther
  • Year Built1961
  • Price$ 2,599,000
  • Bedrooms2
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage17404
  • Lot Size0.48 Acres
Data Source:
Metro Search, Inc.
Property Description

The Old Louisville Flats. This 32-unit apartment building represents a highly desirable, historically stable asset class with significant value-add potential. Long-term family ownership means pride in ownership with this extremely well-cared-for property. Property Overview & Investment Highlights 32 one-bedroom apartments plus one bonus on-site manager's space in the basement. Located in the historic Old Louisville area, known for its high density of Victorian architecture and strong tenant demand driven by proximity to the University of Louisville, Spalding University, and downtown employment hubs. Value-Add Potential: The "upside in rents" indicates an opportunity to implement easy upgrades to capture market-rate premiums. On-site laundry facilities provide immediate auxiliary income and serve as a vital amenity for the tenants.

Price History
6/30/2026 Listed $2,599,000

General Features

Heating Natural Gas,Steam
Cooling Other,Wall/Window Unit(s)
Utilities Electricity Connected,Fuel:Natural
Roof Membrane
Architectural Style Other
Construction Materials Concrete,Block,Stucco
Year Built 1961
Tenant Pays Cable TV,Electricity
Property Subtype Apartment
OwnerPays Trash Collection,Gas,Sewer,Water
County Jefferson
Property Type Multi Family
Association Amenities Other
HOA false
Subdivision Name OLD LOUISVILLE
Garage Y/N false
Status Active
Directions W Oak Street or W St Catherine to the street
City Louisville
Number Of Units Total 32
MLS Area 00-Central Downtown District/Old Louisville
Lot Size Units Square Feet
Lot Size Square Feet 21000
MLS Area Minor 00-Central Downtown District/Old Louisville
Virtual Tour https://my.matterport.com/show/?m=HYSVTcQ78mW
Standard Status Active
Tax Lot 0026

Interior Features

Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 13908
Total Bedrooms 2
Below Grade Finished Area 3496
Total Baths 3

Exterior Features

Exterior Amenities Balcony,None
Lot Features Sidewalk
Water Source Public
Lot Size Area 21000
Building Area Total 13908
Lot Dimensions 105 x 200
Lot Size Acres 0.48

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 40203

Price
AVG $550K
$2.6M
Year Built
AVG 1902
1961

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