1229 S 4th St, Louisville

Incredible 12-Plex Investment Opportunity in Old Louisville Exceptional multi-family opportunity in the heart of historic Old Louisville. This well-maintained, long-term, self-managed property offers a strong unit mix and classic architectural charm, featuring original mantels and beautifully refinished hardwood floors. The building consists of two 2-bedroom/1-bath apartments, seven 1-bedroom/1-bath apartments, and three studio units, all individually metered with tenants responsible for utilities. Features include: a 45-year dimensional shingle roof, a new carriage house roof (2025), newly paved parking lot, refinished hardwood floors, two water heaters, twelve furnaces and twelve central air units, prorated water usage billing to tenants, seven dedicated parking spaces, a two-car garage (currently used by owner), and an unfinished basement unit/storage area. Ideally located near University of Louisville and Cardinal Towne, this property is perfect for student housing or long-term tenants. Enjoy quick access to Churchill Downs, downtown Louisville, and I-65, making commuting and entertainment easily accessible. With its prime location, historic character, and strong income potential, this property presents an outstanding opportunity for investors seeking to maximize rental return. Contact the listing agent for additional details or to schedule a private showing.