1245 S 1st St, Louisville

This well-maintained and fully updated six-unit property is located on a desirable block in Old Louisville—just minutes from UofL, Downtown, and I-65. Each apartment has a renovated kitchen with new cabinets, solid-surface countertops, and updated bathrooms. Capital improvements include upgraded electrical, plumbing, and HVAC systems, a new roof (2024), and freshly painted exterior, and other improvements throughout. The property consists of three 1BR/1BA and three studio units. Additional income includes a shared laundry area and pet fees. There are two off-street parking spaces, with ample street parking. Tenants reimburse landlord for all gas and electric through a prorated RUBs system. This is an excellent opportunity to acquire a turnkey, high-quality multifamily asset.