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$675,000
Est. payment /mo
8 Beds
6 Baths
5,258 SqFt
New
1345 S 3rd St Louisville, KY 40208
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Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,258 sqft
Price per Sqft $128
Subdivision Old Louisville
MLS Listing ID 1689358
Style Traditional
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 5,258
Year Built 1880
Property Sub-Type Apartment
Source Metro Search (Greater Louisville Association of REALTORS®)
Property 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
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
Location
State KY
County Jefferson
Direction I-65S Exit St. Catherine St To left(south) on S 3rd st. Building on the left
Interior
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Flat,Metal
Porch Deck, Porch
Garage No
Building
Lot Description Sidewalk
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Brick

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