Active

2601 W Chestnut St

2601 W Chestnut St, Louisville, KY 40211

1 / 7

Overview

2601 Chestnut Ave | Mixed-Use Commercial Investment Opportunity

Introducing 2601 Chestnut Ave, a substantially renovated mixed-use commercial property offering scale, flexibility, and multiple income streams. This asset is well-positioned for investors seeking a stabilized or value-add opportunity with strong tenant demand potential.

Property Overview:

  • 35 total units
  • 15 total bathrooms
  • Fully renovated with new flooring, new windows, and fresh paint throughout
  • Property is move-in ready, minimizing upfront capital expenditures

Residential Component:

  • Second Floor:
    • 13 individual rooms with shared common areas and bathrooms
  • Third Floor:
    • 13 individual rooms with shared common areas and bathrooms
  • Apartment Mix Includes:
    • (2) 2-bedroom / 1-bathroom apartments
    • (2) 1-bedroom / 1-bathroom apartments
    • (1) 3-bedroom / 1-bathroom apartment
    • (2) efficiency apartments

This diverse unit mix supports multiple operating strategies, including traditional rentals, rooming house operations, workforce housing, or transitional housing (buyer to verify intended use).

Commercial Component:

  • First-floor commercial space located at the front of the building
  • Open layout offering a blank canvas for retail, office, community-based use, or service-oriented businesses
  • Excellent visibility and street presence, enhancing tenant appeal and branding opportunities

Key Highlights:

  • Renovated and tenant-ready
  • Flexible mixed-use configuration
  • Multiple income streams under one roof
  • Strong upside through lease-up and optimized management
  • Ideal for investors, developers, or owner-operators seeking scale in one acquisition

Investment Potential:
This property is well-suited for buyers looking to deploy capital into a renovated, large-unit-count mixed-use asset with room for operational creativity and long-term appreciation.

2601 Chestnut Ave | Mixed-Use Commercial Investment Opportunity

Introducing 2601 Chestnut Ave, a substantially renovated mixed-use commercial property offering scale, flexibility, and multiple income streams. This asset is well-positioned for investors seeking a stabilized or value-add opportunity with strong tenant demand potential.

Property Overview:

  • 35 total units
  • 15 total bathrooms
  • Fully renovated with new flooring, new windows, and fresh paint throughout
  • Property is move-in ready, minimizing upfront capital expenditures

Residential Component:

  • Second Floor:
    • 13 individual rooms with shared common areas and bathrooms
  • Third Floor:
    • 13 individual rooms with shared common areas and bathrooms
  • Apartment Mix Includes:
    • (2) 2-bedroom / 1-bathroom apartments
    • (2) 1-bedroom / 1-bathroom apartments
    • (1) 3-bedroom / 1-bathroom apartment
    • (2) efficiency apartments

This diverse unit mix supports multiple operating strategies, including traditional rentals, rooming house operations, workforce housing, or transitional housing (buyer to verify intended use).

Commercial Component:

  • First-floor commercial space located at the front of the building
  • Open layout offering a blank canvas for retail, office, community-based use, or service-oriented businesses
  • Excellent visibility and street presence, enhancing tenant appeal and branding opportunities

Key Highlights:

  • Renovated and tenant-ready
  • Flexible mixed-use configuration
  • Multiple income streams under one roof
  • Strong upside through lease-up and optimized management
  • Ideal for investors, developers, or owner-operators seeking scale in one acquisition

Investment Potential:
This property is well-suited for buyers looking to deploy capital into a renovated, large-unit-count mixed-use asset with room for operational creativity and long-term appreciation.

For Sale

Multifamily
Retail

Secondary Uses: Mixed Use, Senior Living, Student Housing, Convenience Store, Day Care Facility, Free Standing, Hair Salon

Sale Price
$540,000
Price Per SF
$54.92/SF
Building Size
9,832 SF
Acres
0.0946 ac
Is Vacant
Yes
Zoning
R6
Zoning Desc.
Multifamily Residential
Building Name
2601 W Chestnut Street
Building Class
B
Floors
3
Year Built
1890
Total Units
35
Laundry
Laundromat Nearby
Power Provider
City - LG&E
Water Provider
City - Louisville Water
County
Jefferson
Available
01/08/2026
Listed
01/08/2026
Updated
02/03/2026
Listing ID
6720de0e
Parcel APN
001B00640000