KY > Louisville > Old Louisville
Louisville, KY 40203,1220 S 3rd St
Louisville, KY 40203,1220 S 3rd St
Louisville, KY 40203,1220 S 3rd St
Louisville, KY 40203,1220 S 3rd St
Louisville, KY 40203,1220 S 3rd St
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Tommy Arnold

Tommy Arnold

+1(502) 442-1133
$ 430,000
Est. payment | /mo

10 Beds

6 Baths

4,976 SqFt

Save
$ 430,000
Est. payment | /mo
Save

10 Beds

6 Baths

4,976 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 4,976 sqft

Price per Sqft $86

Subdivision Old Louisville

MLS Listing ID 1688102

Style Traditional

Bedrooms 10

HOA Y/N No

Abv Grd Liv Area 4,976

Year Built 1900

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Apartment

Source Metro Search (Greater Louisville Association of REALTORS®)

Property Description

****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.

Location

State KY

County Jefferson

Direction I-65 to exit 135 (Catherine St) to S 3rd St.

Interior

Heating Natural Gas

Cooling Other

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Wood Frame,Stone

Greater Louisville MLS (Metro Search Inc)
Copyright 2025 Metro Search, Inc.
Listed by RE Solutions LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(502) 442-1133

tommy@aspirelouisville.com

2420 Lime Kiln Lane - STE E, Louisville, KY, 40222

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1220 S 3rd St