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1516 W Chestnut St

1516 W Chestnut St, Louisville, KY 40203

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Overview

Amazing opportunity to own a totally restored and meticulously renovated Duplex in a historic Louisville neighborhood! Built in 1900, this elegant Italianate design, solid three layers of brick property has been taken down to the studs in 2006 and revitalized to its original elegance. With new drywall throughout, flooring, electric service, lighting, new exterior staircase and an additional second kitchen and second full bathroom, this home offers years of enjoyable living. Most of the valuable original features of this home such as the pocket doors, have been preserved to maintain its historic character. Used as a short term and long term rental, the owners have kept the property in great condition since purchasing it in 2006.

With a washer and dryer in each unit, tenants can have clean clothes and bed linens readily available. Although on a main thoroughfare, this home has a cozy and private ambiance with street noise minimized by the thick brick insulation. On a snow emergency route, Chestnut Street receives priority for snow plowing. When utilized as an income producing short term rental, this home has accommodated both out of town and local guests for special events, family reunions, Derby guests, etc. Long term rentals have also proved successful. Easily used as a single family home, its floor plan offers versatility and options. The extra deep backyard with rear entry access can accommodate a large garage, an elaborate garden, and/or a patio for entertaining and relaxation. A bonus for this home, located on a quiet block, is long term neighbors with years of homeownership who take pride in the area and work hard to preserve it. Please see Seller's Disclosure for a more detailed list of restorations and renovations. Please take advantage of this rare opportunity to own a piece of Louisville History.

For Sale

Multifamily

Secondary Uses: Duplex/Quadplex

Sale Price
$225,000
Price Per SF
$109.22/SF
Building Size
2,060 SF
Acres
0.1578 ac
Is Vacant
Yes
Zoning
R6
Zoning Desc.
Residential Multifamily District
Floors
2
Year Built
1900
Parking Spaces
2
Tax ID Number
0301F01410000
Property Use Type
Investment
Property Status
Existing
Total Units
2
Laundry
In Each Unit
Ceiling Height
9'
Power Provider
County - LG&E
Water Provider
City - Louisville Water
Sewer Provider
County - MSD
County
Jefferson
Available
04/09/2026
Listed
04/09/2026
Updated
04/09/2026
Listing ID
437d6244
Parcel APN
013F01410000