Multifamily Development Opportunity
1541 W Oak St, Louisville, KY 40210

Overview
Attention Investors/Developers!! Approximately 1.5 ACRES of ground ZONED R7. Great development opportunity! The improvements include a vacant church building in need of renovation with approximately 18,000 sqft, and a Community Development Center with approximately 2550 sqft that was built in 2009. The property, which is also located in the CITY'S OPPORTUNITY ZONE, is conducive to a variety of uses including single family and multi-family housing. With close proximity to Downtown Louisville, Norton Health Care Sports and Learning Center, Norton West Louisville Hospital, and Simmons College of Kentucky HBCU; the property offers a unique opportunity to fill the housing needs in the area. This is a GREAT OPPORTUNTIY! This property can be bought separate or as a package, please see Catylist ID: #30858310.
For Sale
- Sale Price
- $395,000
- Price Per SF
- $17.95/SF
- Building Size
- 22,000 SF
- Acres
- 1.536 ac
- Zoning
- C-2
- # of Buildings
- 2
- Floors
- 2
- Construction Siding
- Brick
- Construction Type
- Masonry
- Submarket
- OZ - KY Jefferson
- Nearest MSA
- Louisville/Jefferson County
- Property Status
- Existing
- In Opportunity Zone
- Yes
- Total Units
- 2
- County
- Jefferson
- Listed
- 08/14/2024
- Updated
- 03/16/2026
- Listing ID
- 89a1254d
- Parcel APN
- 037G00070000













