Active

1514 S 3rd St

Louisville, KY 40208

$875,000 $3,689/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

6,016

Sqft

0.18

Acre(Lot)

Description

Great Old Louisville Investment offering over 6000 Sq. Ft with 10 rental units all under one roof. Excellent location just 2 blocks from University of Louisville situated on what is known as "Millionaires Row" with stunning exterior architecture. Unlike some, this one still has lots of original "old world charm" with beautiful entry foyer and the grand sweeping staircase, beautiful oak flooring with inlays and numerous original fireplace mantels. There is also off-Street parking for 3 cars off the rear alley. Currently fully rented with $7435 in monthly income and potential to raise rents. There is a large 2 bedroom/2 bath, 4-one bedrooms and 5 studio style apartments. This building is not separately metered; however, the management company uses the ratio utility billing system to recoup t he utility expenses from tenants. In 2025 the tenants paid $15,494.00, covering all the utility expenses. This property has a great rental history and is easy to keep fully occupied. See attached rent roll and P&L in documents. First showings will be on Monday, 3/16/26 from 4 - 6 PM. Call your agent or call me to schedule a time in the mentioned window.

Property Details

Property Type : Residential Income

Price : $875,000

AD Id : 78215789

MLS Id : 1716550

Beds : 11

Lot Size : 0.18 Acre

Living Area Size : 6,016

Year Built : 1890

County : Jefferson

Subdivision: Old Louisville

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 11

Bathroom Information

Total Baths: 11

Room Information

Has Basement: Yes
Roofing Information

Shingle
Interior Features

Roof: Shingle
Heating & Cooling

Has Heating: Yes Heating: Steam, Other Has Cooling: Yes Cooling: Wall/Window Unit(s)

Building Information

Year Built: 1890 Building Area Total: 6016 Construction Materials: Brick, Stone, Frame Patio And Porch Features: Deck, Porch Private Pool: No
Exterior Features

Exterior Features: None

Lot Information

Lot Dimensions: 40X200 Main Square Feet: 0.18 Square Feet Lot Size Square Feet: 0.18

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: 136

Listing Price Information

Listing Price: $875000

Tax Information

Parcel Number: 08033C01300000 Tax Lot: 0130 Tax Block: 033C

Parking Information

Parking Total: 34

Utility Information

Natural Gas Available, Electricity Connected
Location Information

Direction: I-65 - EXIT St. Catherine - left on Third Street - house on right WaterSource: Public

Sell a home like this and save $52,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
401 Marret Ave, Louisville, KY, 40208	$600,000	8	8	11,276	11,276 SqFt
1308 S Preston St, Louisville, KY, 40208	$239,900	2	3	1,187	1,187 SqFt
228 E Burnett Ave, Louisville, KY, 40208	$235,000	3	2	1,550	1,550 SqFt
1415 S Brook St, Louisville, KY, 40208	$220,000	2	1	1,333	1,333 SqFt
1417 S 3rd St #APT 3B, Louisville, KY, 40208	$700,000	7	6	5,247	5,247 SqFt
1453 S 3rd St, Louisville, KY, 40208	$1,150,000	--	--	14,282	14,282 SqFt
1515 S 3rd St, Louisville, KY, 40208	$629,000	4	4	4,457	4,457 SqFt
1456 Saint James Ct, Louisville, KY, 40208	$850,000	6	6	5,198	5,198 SqFt
2730 S 4th St, Louisville, KY, 40208	$410,000	--	2	3,440	3,440 SqFt
415 M St, Louisville, KY, 40208	$125,000	3	1	2,014	2,014 SqFt

Similar Homes To 1514 S 3rd St

Nearby For Sale

Active

$850,000

Mobile Homes For Sale

2214 Saint Xavier St,
Louisville, KY, 40212

Bed

Bath

Sqft

Acre(Lot)

331 N 25th St,
Louisville, KY, 40212

Bed

Bath

Sqft

Acre(Lot)

1333 Weller Ave,
Louisville, KY, 40208

Bed

Bath

Sqft

Acre(Lot)

6400 Old Heady Rd,
Louisville, KY, 40299

Bed

Bath

Sqft

Acres(Lot)

914 W Riverside Dr,
Louisville, KY, 40207

0.13

Acre(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by IDX Brokerage firms other than ByOwner are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Metro Search, Inc. All Rights Reserved.

ByOwner last updated this listing 06/12/2026 @ 07:53

MLS: 1716550 LISTED BY: Michael Mawood, RE/MAX Results 502-253-9100 SOURCE: Greater Louisville Association of REALTORS