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Fully Renovated Six Unit Multifamily For Sale

1245 S 1st St, Louisville, KY 40203

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Overview

This well-maintained and fully updated six-unit multifamily property is located on a desirable block in Old Louisville—just minutes from the University of Louisville, Downtown, and I-65.

Each apartment has a renovated kitchen with new cabinetry, solid-surface countertops, and updated bathrooms. Major capital improvements include upgraded electrical, plumbing, and HVAC systems, a new roof (2024), and freshly painted exterior, and other improvements throughout.

The property consists of three 1BR/1BA and three studio units. Additional income includes a shared laundry area (tenant-paid access) and pet fees. There are two off-street parking spaces, along with ample street parking. Tenants reimburse landlord for all gas and electric through a prorated RUBs system.

This is an excellent opportunity to acquire a turnkey, high-quality multifamily asset.

Access to financials:

https://connect.prgproperty.com/deal-room/321?signature=98ef0f6616a88eca378f2430695dda1a10c01b013e610ee80d613b620825fed2

For Sale

Multifamily
Sale Price
$485,000
Price Per SF
$143.4/SF
Building Size
3,381 SF
Acres
0.1549 ac
Zoning
TNZD
Zoning Description
Traditional Neighborhood Zoning District
Total Units
6
Laundry
Shared
County
Jefferson
Created
2025-09-13
Updated
2025-10-30
Listing ID
e7852e31
Parcel APN
032B00890000