1455 S 3rd St, Louisville, KY 40208
$1,475,000
Property Type:
Multi Family
Bedrooms:
16
Baths:
16
Square Footage:
9,730
Lot Size (sq. ft.):
0
Status:
Active
Current Price:
$1,475,000
List Date:
9/30/2025
Last Modified:
1/06/2026
Description
16 Unit ''Old Louisville'' - Trophy Asset - Investment Opportunity!! CAP RATE = 7.6%
Refinished hardwood floors, long-term ownership / self-managed. The building consists of: 14 (1 bedroom - 1 bath apartments) & 2 (Studio apartments). All 16 units are individually metered, tenants pay all utilities, updated double pane windows, window units, updated panel boxes and furnaces. Very large basement with laundry hook-ups & 16 storage lockers for additional revenue possibilities.
This building has a desirable location - excellent for your UofL student. The building is located in the heart of Old Louisville, close to UofL Cardinal Towne, minutes to Churchill Downs, Downtown and easy convenient access to I-65. Excellent opportunity for higher rent revenue. Any questions contact agent.
Supplements: " Roof ~ 12 years " Refinished hardwood floors " Updated double pane windows " 16 Separate water heaters " 16 Separate furnaces, window units " 16 Storage unit spaces in basement " Laundry hookups in basement " Water bill prorated back to tenants " Self-managed property " Tenants pay electric/gas " Apt types: (14 - 1 bed, 2 - studios)
More Information MLS# 1699548
General Listing Information
Office Exclusive?: No
HOA Y/N: No
HOA Annual $: 0
Status: Active
Listing Date: 2025-09-30
Listing Price: 1475000
Property Sub Type: Apartment
Status Change Info
Status: Active
Contract Info
Disclosure: No
Original List Price: 1599999
Location
Sub Area: A
Deed Bk: 10441
Parcel ID: 033B02100000
Pg #: 0436
Block: 033B
Lot: 0210
Directions: I 65 South, Exit Right on St. Catherine St, Left on S 3rd Street, Building on left
Street #: 1455
St Dir: S
Street: 3rd
St Suffix: St
Area: 01-Dtwn Old Louisville/Shively/West Lou
County: Jefferson
State/Province: KY
Zip Code: 40208
Subdivision/Condo: OLD LOUISVILLE
Geo Lat: 38.226702
Geo Lon: -85.759575
Property Description
SqFt -Total Finished: 9730
Above Grade Finished: 9730
Below Grade Finished: 0
Nonconform SqFt Fin: 0
Above Grade Unfin: 0
Below Grade Unfin: 792
Sqft - Total Unfin: 792
SqFt - Source: Other
First Floor Laundry: No
Garage Y/N: No
Basement Y/N: No
Total Units: 16
Lot Size Dimensions: N/A
Security Deposit: N/A
Age: 78
# Parking Spaces: 8
Covered Parking: No
Term/Lease: See notes
# of Furnaces: 16
# of Water Heaters: 16
Separate Meters: Yes
Sold As-Is: Yes
M Struct Flood Plain: No
Total # Bedrooms: 16
Total Bathrooms: 16
Lot SF: 0.31
Year Built: 1947
Architectural Style
Traditional: 1
Utilities
Electricity Connected: 1
Fuel:Natural: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
1st Level
Total Units: 8
# of Rooms: 24
Living Room: 7
Bedrooms: 8
Full Baths: 8
Closets: 32
Kitchen: 8
Refrigerator: 8
Range: 8
2nd Level
Total Units: 8
# of Rooms: 24
Living Room: 7
Bedrooms: 8
Full Baths: 8
Closets: 32
Kitchen: 8
Refrigerator: 8
Range: 8
Construction
Brick: 1
Roof
Shingle: 1
Tenant Pays
Electricity: 1
Gas: 1
Sewer: 1
Water: 1
Heating
Forced Air: 1
Natural Gas: 1
Patio and Porch Features
Patio: 1
Porch: 1
Cooling
Wall/Window Unit(s): 1
Exterior
None: 1
None
Current Price: $1,475,000
Property Features
Architectural Style: Traditional
Construction: Brick
Roof: Shingle
Tenant Pays: Electricity; Gas; Sewer; Water
Exterior: None
Patio and Porch Features: Patio; Porch
Utilities: Electricity Connected; Fuel:Natural
Water Source: Public
Sewer: Public Sewer
Heating: Forced Air; Natural Gas
Cooling: Wall/Window Unit(s)
Listing Office:
Column Realty
Last Updated: January - 06 - 2026
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