Investor's Goldmine: 3-Unit Rehab Opportunity Steps from UofL!
Unleash massive potential in this prime multi-unit property, ideally situated just minutes from the booming University of Louisville campus. This isn't just a building; it's a blank canvas in an explosively hot market, custom-made for savvy investors. Capitalize on the surging demand for both professional and student rentals, or execute a highly profitable flip. The surrounding area is a proven magnet for successful rehabs and lucrative flips—this is your chance to join the ranks of those transforming this vibrant neighborhood.
Currently configured with three distinct units, this versatile property offers immediate vision. Imagine the possibilities post-renovation: highly desirable housing for university professionals, medical residents, or a prime income-generating asset for student housing. UofL's on-campus housing consistently sees near-record occupancy (97% in Fall 2024), underscoring the immense off-campus rental demand.
While the vision is clear, this property requires a full rehab and clean-out. It's an "as-is" sale, and the front entrance is sealed off. This presents an exciting opportunity to transform this property from the ground up, allowing you to customize it entirely to maximize future rental income and resale value. There are no tenants remaining.
Buyer to verify all information, including but not limited to square footage, lot size, utilities, foundation, environmental concerns, zoning, and intended uses. Property is being sold AS-IS, with no warranties expressed, written, or implied.Please allow 48 hours for a response on all offers.
Don't miss out on this exceptional chance to transform potential into significant profit! Investors are actively seeking and successfully renovating properties like this in this appreciating market. Yours could be next. Ready to seize this incredible investment? Schedule your exclusive showing today!
Sold for $132,000 on 10/14/25
$132,000
1383 S Floyd St, Louisville, KY 40208
6beds
5baths
2,135sqft
Apartment
Built in 1901
-- sqft lot
$128,500 Zestimate®
$62/sqft
$2,278 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 13, 2025 at 10:17pm
Listed by:
Beth Green 502-836-3027,
RE Solutions LLC
Bought with:
Jeff R Hudson, 287078
RE Solutions LLC
Source: GLARMLS,MLS#: 1688095
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Other
Cooling
- Wall/Window Unit(s)
Features
- Has basement: Yes
Interior area
- Total structure area: 2,135
- Total interior livable area: 2,135 sqft
- Finished area above ground: 2,135
- Finished area below ground: 0
Property
Features
- Patio & porch: Porch
- Exterior features: None
Lot
- Size: 5,227 sqft
- Dimensions: 32 x 160
- Features: Sidewalk
Details
- Parcel number: 032H01360000
Construction
Type & style
- Home type: Apartment
- Architectural style: Traditional
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Wood Frame
- Roof: Shingle
Condition
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Louisville
- Subdivision: None
HOA & financial
HOA
- Has HOA: No