$375,000
Louisville, KY 40203
MLS# 1704700
3250 sqft
1 / 23
Property Description
Great opportunity to buy a cash flowing 5 unit building in an excellent rental market near Downtown Louisville. Property stays consistently 100% occupied with total rents = $3,875/mth. Current ownership has invested heavily into this sturdy brick building - notably renovating 4 of 5 units, new roof, and upgrading HVAC to electric mini-split systems in each unit. Units consist of three 1bd units & 2 studio units. All 5 units have spacious layouts and are of high demand. Experienced investors will notice there's room for substantial increase in rents & profitability for new ownership.
Details
Maps
Documents
General Listing Information
Office Exclusive?: No
HOA Y/N: No
HOA Annual $: 0
Status: Active
Listing Date: 2025-12-04
Listing Price: 375000
Property Sub Type: Apartment
Status Change Info
Status: Active
Contract Info
Disclosure: Yes
Original List Price: 375000
Location
Sub Area: A
Deed Bk: 12190
Parcel ID: 08029E00650000
Pg #: 779
Block: 0065
Lot: 0000
Directions: W Breckinridge St to S 6th St, property is on the right across from Ben Washer Park
Street #: 952
St Dir: S
Street: 6th
St Suffix: St
Area: 00-Central Downtown District/Old Louisville
County: Jefferson
State/Province: KY
Zip Code: 40203
Subdivision/Condo: LIMERICK
Geo Lat: 38.240475
Geo Lon: -85.763214
Property Description
SqFt -Total Finished: 3250
Above Grade Finished: 3250
Below Grade Finished: 0
Nonconform SqFt Fin: 0
Above Grade Unfin: 0
Below Grade Unfin: 1237
Sqft - Total Unfin: 1237
SqFt - Source: Other
First Floor Laundry: No
Garage Y/N: No
Basement Y/N: No
Total Units: 5
Lot Size Dimensions: 31.8X200
Security Deposit: 2775
Age: 97
# Parking Spaces: 0
Covered Parking: No
Term/Lease: 100% occupied
# of Furnaces: 5
# of Water Heaters: 1
Separate Meters: No
Sold As-Is: No
M Struct Flood Plain: No
Lot SF: 6350
Year Built: 1928
Lot Description
Sidewalk: 1
Utilities
Electricity Connected: 1
Fuel:Natural: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
1st Level
Total Units: 2
Rent: 1425
2nd Level
Total Units: 2
Rent: 1650
3rd Level
Total Units: 1
Rent: 800
Construction
Brick: 1
Roof
Asphalt: 1
Flat: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Water: 1
Tenant Pays
Cable TV: 1
Heating
# of HVAC Units: 1
MiniSplit/Ductless: 1
Cooling
Ductless: 1
# of HVAC Units: 5
Exterior
None: 1
None
Current Price: $375,000
Property Features
Construction: Brick
Roof: Asphalt; Flat
Owner Pays: Electricity; Gas; Water
Tenant Pays: Cable TV
Exterior: None
Utilities: Electricity Connected; Fuel:Natural
Water Source: Public
Sewer: Public Sewer
Heating: # of HVAC Units; MiniSplit/Ductless
Cooling: Ductless
Lot Description: Sidewalk
Rent Roll & Mkt rent schedule 
Listing Office: United Real Estate Louisville
Last Updated: December - 16 - 2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than the site owner are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.