Link Copied
Listed price in listed location currency (USD).
$650,000

860

MLS® 1689358

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 5258 sqft
Garage No
HOA Fees 
Taxes 
Days Active 140
Approx. Age 1880
Avg. Price Per Sqft $123
MLS® Number 1689358

Property Address: 1345 S 3rd St, Louisville, KY, 40208-2338

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 6 Unit Investment Opportunity in Historic Old Louisville Don't miss this incredible chance to own a fully renovated 6-unit property in the heart of Old Louisville, offering high income potential with minimal upkeep. Spanning 5, 258 sq. Ft., this self-managed building showcases timeless character with original mantels and beautifully refinished hardwood floors throughout. All units have been remodeled including kitchens & baths. Unit Breakdown: (2) 2-bedroom, 1-bath units (4) 1-bedroom, 1-bath units All units are individually metered, and tenants pay their own utilities. Each unit includes: " Stainless steel appliances and dishwashers " Updated kitchens with granite countertops " Fully remodeled bathrooms with modern PEX/PVC plumbing " Upgraded Electrical in all units " All units fully remodeled with premium finishes " Window A/C units Upgrades & Improvements: " New central furnace installed in 2021 " Significant exterior renovations: new fire escape, new front porch & limestone front steps. " Dedicated off-street parking " Coin-operated laundry in the hallway This property attracts quality tenants and offers strong, consistent cash flow. An exceptional, low-maintenance investment in one of Louisville's most iconic neighborhoods. The building is located in the heart of Old Louisville, close to UofL Cardinal Towne, minutes to Churchill Downs, Downtown and easy convenient access to I-65. Excellent opportunity for higher rent revenue. Any questions contact listing agent. " Refinished hardwood floors " Upgraded kitchens & bathrooms " 3 Roofs (2 within last 3 years) " 2 Water heater " 1 Gas Furnaces (1st & 2nd floors) " 3rd Floor heat, gas & water heater " Window units " Upgraded PEX/PVC plumbing " Updated Electrical panels " Basement storage " Coin-op Laundry in hallway ($140 / month) " Tenants pay electric/gas " Self-managed property " 4 Dedicated parking spaces Rent/Type/Lease 1 $900 (1bed) - 9/30/25 2 Vacant (2 bed) (Goal $1, 300-$1, 400 / mth) 3 $1, 050 (1 bed) - at will 4 $860 (1 bed) - 2/28/26 5 $935 (1 bed) - 2/28/26 6 $1, 200 (2 bed) - 5/31/26
MLS® Number1689358
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1880
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 11, 2025List Date
$650,000List Price
  • Commute

Commute

Starting Address
Destination Address
1345 S 3 Rd St, Louisville, KY

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties