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Pending
  • $430,000

    1220 S 3rd St, Louisville, KY 40203

    10beds
    6baths
    4,976sqft
    : 
    Apartment
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $86/sqft
    $-- HOA

    What's special

    ****Investor Opportunity!**** This fully occupied multi-unit property is located near the University of Louisville and offers steady rental income with six total units. FIRST FLOOR: 3BR/2BA, 2BR/1BA, AND 2BR/2BA. SECOND FLOOR: Two units of 1BR/1BA. THIRD FLOOR: Studio. All tenants pay $100/mo for water and $100/mo electricity and rents are varied but follow current rental rates in the are. All units are currently rented without issue, except for one that was previously used as an office but is ready to be converted back into a rental unit, providing additional income potential. Some general cleanup and minor renovations may be needed to improve overall condition and future value. The property is tenant-occupied with limited interior access. Exterior and common area showings can be... scheduled by appointment, but access to occupied units will require an accepted contract with 24-48 hours' notice to coordinate with tenants. Property is being sold AS-IS, with no warranties expressed, written, or implied. Buyer to verify all information, including but not limited to square footage, lot size, utilities, foundation, environmental concerns, zoning, and intended uses. Please allow 24-48 hours for response on all offers. Note: portfolio for this investor is being liquidated. Please inquire for other properties.
    8 days
    on Zillow
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    7
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    0
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    Zillow last checked: 7 hours ago

    Listing updated: May 29, 2025 at 07:40am

    Listed by:

    Beth Green 502-498-5455,

    RE Solutions LLC

    Source: GLARMLS,MLS#: 1688102MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Heating
    • Natural Gas
    Cooling
    • Other
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 4,976
    • Total interior livable area: 4,976 sqft
    • Finished area above ground: 4,976
    • Finished area below ground: 0

    Property

    Features
    • Exterior features: None
    Lot
    • Size: 5,227.2 Square Feet
    • Dimensions: 52.5 x 180
    Details
    • Parcel number: 032A00910000

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Traditional
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Wood Frame, Stone
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: Old Louisville
    HOA
    • Has HOA: No
    Location
    • Region: Louisville

    Financial & listing details

    • Price per square foot: $86/sqft
    • Date on market: 5/29/2025
    • Electric utility on property: Yes
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