****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.
Pending
$430,000
1220 S 3rd St, Louisville, KY 40203
10beds
6baths
4,976sqft
Est.:
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$86/sqft
$-- HOA
What's special
- 8 days
- on Zillow |
- 7 |
- 0 |
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#: 1688102

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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