1010 S 3rd St, Louisville, KY 40203

$2,950,000
Property Type: Multi Family Square Footage: 24,561 Lot Size (sq. ft.): 0 Status: Active
Current Price: $2,950,000 List Date: 3/16/2026 Last Modified: 3/18/2026

Overview

Description

This Old Louisville multifamily opportunity includes 1010, 1014, 1018, and 1019 S. 3rd St. The four buildings contain up to 57 units. Three buildings have undergone a comprehensive renovation program including selective demolition to enhance unit layouts, fresh exterior paint, new gutters and downspouts, and new energy efficient windows. Interior upgrades feature updated electrical systems, substantial plumbing improvements, new window air conditioning units, and ventless gas heating systems in each unit. Units also received new flooring, modern kitchens with granite, updated cabinetry, new appliance, refreshed bathrooms, and other finishes that support strong tenant demand. The fourth building has been completely gutted and is currently undergoing renovation.

Supplements: The properties benefit from their proximity to major institutional demand drivers, including Spalding University immediately to the north and the University of Louisville just a few blocks to the south. This offering provides investors with the opportunity to purchase all buildings at a discounted price-per-unit, and add value by finishing the vac ...

Listing Details MLS# 1711591

General Listing Information

Office Exclusive?
No
Listing Price
2950000
Property Sub Type
Apartment
HOA Y/N
No
HOA Annual $
0

Location

Street #
1010
St Dir
S
Street
3rd
St Suffix
St
Area
00-Central Downtown District/Old Louisville
County
Jefferson
State/Province
KY
Zip Code
40203
Deed Bk
12847
Parcel ID
08029H00720000
Pg #
614
Subdivision/Condo
OLD LOUISVILLE
Block
029H
Lot
0072
Directions
Offering includes 1010, 1014, 1018, and 1019 S. 3rd Street

Contract Info

Original List Price
2995000
Disclosure
No

Property Description

SqFt -Total Finished
24561
Above Grade Finished
24561
Below Grade Unfin
6946
Sqft - Total Unfin
6946
SqFt - Source
Other
First Floor Laundry
No
Garage Y/N
No
Basement Y/N
Yes
Total Units
50
Lot Size Dimensions
50x190, 50x190, 50x190, 37.5x190
Lot SF
0.22
Age
145
Year Built
1880
Covered Parking
No
Separate Meters
No
Sold As-Is
No
M Struct Flood Plain
No
Below Grade Finished
0
Nonconform SqFt Fin
0
Above Grade Unfin
0
Security Deposit
No
# Parking Spaces
0
Term/Lease
No
# of Furnaces
0
# of Water Heaters
0

More Information

Utilities

Other
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Construction

Brick
Yes

Roof

Other
Yes

Heating

Other
Yes

Exterior

None
Yes

Property Features

Construction: Brick Roof: Other Exterior: None Utilities: Other Water Source: Public Sewer: Public Sewer Heating: Other
Listing Office: Colliers
Source MLS Verified
Last Updated: March - 18 - 2026
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