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1475 S 3rd St

Louisville, KY 40208
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Bed 10

Bed

Bath 1

Bath

SqFt4,786

Sqft

Acres0.23

Acre(Lot)

Located along Louisville's prestigious Millionaire's Row in the heart of Historic Old Louisville, this exceptional five-unit apartment building offers a rare opportunity to acquire a beautifully maintained, income-producing asset in one of the city's most desirable rental markets. Thoughtfully improved over many years of ownership, the property combines the timeless character of Historic Old Louisville with the modern updates today's tenants expect. Residents enjoy an exceptional location just minutes from the University of Louisville, Downtown Louisville, the Medical District, Norton Hospital, Churchill Downs, restaurants, coffee shops, parks, and entertainment. Ownership has completed extensive capital improvements, including a newer roof, exterior painting and trim, rebuilt deck, upgrad ed LED exterior lighting, improved common areas, electrical and plumbing upgrades, and numerous additional building system improvements. Apartment interiors have been extensively renovated with updated kitchens featuring modern cabinetry, countertops, and stainless steel appliances, renovated bathrooms, replacement windows, new furnaces and central air systems, updated flooring, fresh interior finishes, and contemporary lighting throughout. Additional improvements include insulated garage door replacement, added laundry hookups, and continued investment in the property's long-term maintenance and functionality. Whether expanding an investment portfolio or acquiring a signature property in one of Louisville's premier historic neighborhoods, 1475 S. 3rd Street offers an exceptional combination of historic character, extensive renovations, strong tenant demand, and long-term investment appeal. Investment Highlights: • Historic five-unit apartment building on prestigious Millionaire's Row • Prime location in Historic Old Louisville • Minutes from the University of Louisville, Downtown Louisville, hospitals, and major employers • Extensive capital improvements completed throughout ownership • Renovated apartment interiors with modern finishes • Electrical, plumbing, HVAC, and building system upgrades • Strong rental demand driven by proximity to UofL, the Medical District, and Downtown Louisville • Turnkey investment in one of Louisville's most sought-after historic neighborhoods

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Detail Ic Property Details

Property Type : Residential Income

Price : $645,000

AD Id : 86484461

MLS Id : 1721583

Beds : 10

Lot Size : 0.23 Acre

Living Area Size : 4,786

Year Built : 1919

County : Jefferson

Subdivision: Old Louisville

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 1

    Room Information

    Has Basement: Yes
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle

  • Building Information

    Year Built: 1919 Building Area Total: 4786 Construction Materials: Brick, Stone Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: 100X99 Main Square Feet: 0.23 Square Feet Lot Size Square Feet: 0.23

    Property Information

    Subdivision: OLD LOUISVILLE Source Property Type: Residential Income MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou Property SubType: Apartment Property Age: 107

  • Listing Price Information

    Listing Price: $645000

  • Tax Information

    Parcel Number: 12033B00030000 Tax Lot: 0003 Tax Block: 033B

  • Parking Information

    Parking Total: 5

  • Utility Information

    Natural Gas Available, Electricity Connected
  • Location Information

    Direction: Highway to 3rd St South. Property is on the Eastside prior to Hillside St. WaterSource: Public
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Nearby Home Value

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401 Marret Ave, Louisville, KY, 40208 $600,000 8 8 11,276 11,276 SqFt
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1410 S 1st St, Louisville, KY, 40208 $375,000 4 3 3,614 3,614 SqFt
1514 S 3rd St, Louisville, KY, 40208 $875,000 11 11 6,016 6,016 SqFt
415 M St, Louisville, KY, 40208 $125,000 3 1 2,014 2,014 SqFt
1433 S 6th St, Louisville, KY, 40208 $430,000 3 2 2,168 2,168 SqFt
420 Colorado Ave, Louisville, KY, 40208 $175,000 3 2 1,143 1,143 SqFt
1344 S 6th St, Louisville, KY, 40208 $625,000 4 4 3,643 3,643 SqFt
610 Myrtle St, Louisville, KY, 40208 $325,000 2 2 1,118 1,118 SqFt

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ByOwner last updated this listing 06/26/2026 @ 12:49

MLS: 1721583 LISTED BY: Michael Kearns, BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors 502-897-3321 SOURCE: Greater Louisville Association of REALTORS

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