1475 S 3rd St, Louisville, KY

$599,000

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10

Beds

1

Bath

4,786

Square feet

About 1475 S 3rd St

Located along Louisville's prestigious Millionaire's Row in the heart of Historic Old Louisville, this exceptional five-unit apartment building offers a rare opportunity to acquire a beautifully maintained, income-producing asset in one of the city's most desirable rental markets. Thoughtfully improved over many years of ownership, the property combines the timeless character of Historic Old Louisville with the modern updates today's tenants expect. Residents enjoy an exceptional location just minutes from the University of Louisville, Downtown Louisville, the Medical District, Norton Hospital, Churchill Downs, restaurants, coffee shops, parks, and entertainment. Ownership has completed extensive capital improvements, including a newer roof, exterior painting and trim, rebuilt deck, upgraded LED exterior lighting, improved common areas, electrical and plumbing upgrades, and numerous additional building system improvements. Apartment interiors have been extensively renovated with updated kitchens featuring modern cabinetry, countertops, and stainless steel appliances, renovated bathrooms, replacement windows, new furnaces and central air systems, updated flooring, fresh interior finishes, and contemporary lighting throughout. Additional improvements include insulated garage door replacement, added laundry hookups, and continued investment in the property's long-term maintenance and functionality. Whether expanding an investment portfolio or acquiring a signature property in one of Louisville's premier historic neighborhoods, 1475 S. 3rd Street offers an exceptional combination of historic character, extensive renovations, strong tenant demand, and long-term investment appeal. Investment Highlights: • Historic five-unit apartment building on prestigious Millionaire's Row • Prime location in Historic Old Louisville • Minutes from the University of Louisville, Downtown Louisville, hospitals, and major employers • Extensive capital improvements completed throughout ownership • Renovated apartment interiors with modern finishes • Electrical, plumbing, HVAC, and building system upgrades • Strong rental demand driven by proximity to UofL, the Medical District, and Downtown Louisville • Turnkey investment in one of Louisville's most sought-after historic neighborhoods

Features of 1475 S 3rd St

MLS® # 1721583
Price $599,000
Bedrooms 10
Bathrooms 1.00
Square Footage 4,786
Year Built 1919
Type Multi Family
Sub-Type Apartment
Status Active

Community Information

Address 1475 S 3rd St
Area 01-Dtwn Old Louisville/Shively/West Lou
Subdivision OLD LOUISVILLE
City Louisville
County Jefferson
State KY
Zip Code 40208

Amenities

Utilities Electricity Connected, Fuel:Natural
Is Waterfront No

Interior

Fireplace No

Exterior

Exterior Features None
Roof Shingle
Construction Brick, Stone

Additional Information

RE / Bank Owned No

Listing Details

OfficeBERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors

Listing Map

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