$2,950,000
Louisville, KY 40203
MLS# 1711591
24561 sqft
1 / 11
Property 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.
Details
Maps
General Listing Information
Office Exclusive?: No
HOA Y/N: No
HOA Annual $: 0
Status: Active
Listing Date: 2026-03-16
Listing Price: 2950000
Property Sub Type: Apartment
Status Change Info
Status: Active
Contract Info
Disclosure: No
Original List Price: 2995000
Location
Deed Bk: 12847
Parcel ID: 08029H00720000
Pg #: 614
Block: 029H
Lot: 0072
Directions: Offering includes 1010, 1014, 1018, and 1019 S. 3rd Street
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
Subdivision/Condo: OLD LOUISVILLE
Geo Lat: 38.23833
Geo Lon: -85.758563
Property Description
SqFt -Total Finished: 24561
Above Grade Finished: 24561
Below Grade Finished: 0
Nonconform SqFt Fin: 0
Above Grade Unfin: 0
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
Security Deposit: 0
Age: 145
# Parking Spaces: 0
Covered Parking: No
Term/Lease: 0
# of Furnaces: 0
# of Water Heaters: 0
Separate Meters: No
Sold As-Is: No
M Struct Flood Plain: No
Lot SF: 0.22
Year Built: 1880
Utilities
Other: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Construction
Brick: 1
Roof
Other: 1
Heating
Other: 1
Exterior
None: 1
None
Current Price: $2,950,000
Property Features
Construction: Brick
Roof: Other
Exterior: None
Utilities: Other
Water Source: Public
Sewer: Public Sewer
Heating: Other
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 vacant building.
Listing Office: Colliers
Last Updated: March - 18 - 2026
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