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133 S 3rd St #405

Louisville, KY 40202
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Bed 2

Bed

Bath 2

Bath

SqFt1,512

Sqft

Acres0.18

Acre(Lot)

Furnished Downtown Condo with STR Potential Short-term rentals are allowed. Sold furnished. AirDNA projects approximately $69,000 in annual gross revenue when configured as a three-bedroom sleeping six. That combination makes this one of the more interesting ownership opportunities in downtown Louisville. Located on the fourth floor of the historic Levy Building, this condo has been loved by the same owner since the building was converted to residences and has never before been offered on the MLS. It is currently configured with two bedrooms, but the layout offers a straightforward opportunity to create a third — an important consideration for a buyer looking to maximize guest capacity and income potential. The unit itself has another advantage within the building: desirable north-facing v iews of downtown Louisville. Large windows bring in abundant natural light while overlooking the cityscape and nearby green space, giving the property the kind of setting that photographs well and matters to both guests and occupants. . For a short-term rental, the location makes sense. Guests can walk within minutes to the KFC Yum! Center, Whiskey Row, Kentucky International Convention Center, Kentucky Center for the Arts, Museum Row, restaurants, NULU, bourbon experiences and many of downtown Louisville's biggest attractions. The unit has never been operated as an Airbnb, giving the next owner the opportunity to establish the property and operation from the beginning. The building has a story worth telling, too. Built in 1893 as the Levy Brothers clothing store, the Levy Building is listed on the National Register of Historic Places. Its elaborate exterior was illuminated with electric lights, helping inspire the old Louisville expression "lit up like Levy's." Today, just 23 condominiums occupy the residential portion of the building, served by two elevators. A large private storage unit on the mezzanine level conveys with the condo. Street parking and monthly parking options are available in neighboring garages, while the HOA covers water, trash, exterior and common-area cleaning and maintenance, and general liability insurance. The association also benefits from annual cellular tower lease revenue, providing an additional source of income to support its operations. Furnished. STR-friendly. Flexible three-bedroom potential. Walkable to Louisville's major downtown destinations. And AirDNA projecting approximately $69,000 in annual gross revenue. For an investor looking for a downtown Louisville property that can be put to work, this one deserves a serious look.

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Detail Ic Property Details

Property Type : Residential

Price : $335,000

AD Id : 90877846

MLS Id : 1727694

Beds : 2

Lot Size : 0.18 Acre

Living Area Size : 1,512

Year Built : 1905

County : Jefferson

Subdivision: The Levy

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 8 Basement: None
  • Roofing Information

    Built-Up, Rubber, Flat
  • Interior Features

    Roof: Built-Up, Rubber, Flat
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1905 Building Area Total: 1512 Construction Materials: Brick, Stone, Frame Stories: 1 Private Pool: No

  • Lot Information

    Main Square Feet: 0.18 Acres Lot Size Acres: 0.18 Lot Size Square Feet: 7840.8 Lot Description: Corner Lot

    Property Information

    Subdivision: THE LEVY Source Property Type: Residential MLS Area Minor: 00-Central Downtown District/Old Louisville Property SubType: Condominium Property Age: 121

  • Listing Price Information

    Listing Price: $335000

  • Tax Information

    Parcel Number: 017R04050000 Tax Lot: 0 Tax Block: 0

  • Parking Information

    On Street, See Remarks
    Homeowners Association Information
    Has Association: Yes Included Fees: Maintenance Grounds, Sewer, Snow Removal, Trash, Water

  • Utility Information

    Natural Gas Available, Electricity Connected
  • Location Information

    Direction: Downtown Louisville at the northeast corner of Third and Market Streets. WaterSource: Public
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Nearby Home Value

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324 E Main St #213, Louisville, KY, 40202 $429,900 3 2 1,632 --
309 E Market St #313, Louisville, KY, 40202 $356,000 2 2 1,468 0.03 Acre
222 E Witherspoon St #1.., Louisville, KY, 40202 $2,670,000 2 3 4,955 --

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ByOwner last updated this listing 09/05/2026 @ 00:00

MLS: 1727694 LISTED BY: Jonathan Klunk, EXP Realty LLC 888-624-6448 SOURCE: Greater Louisville Association of REALTORS

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