1229 S 4th St, Louisville, KY 40203
NONE · Jefferson County
Key Facts
Description
Incredible 12-Plex Investment Opportunity in Old Louisville Exceptional multi-family opportunity in the heart of historic Old Louisville. This well-maintained, long-term, self-managed property offers a strong unit mix and classic architectural charm, featuring original mantels and beautifully refinished hardwood floors. The building consists of two 2-bedroom/1-bath apartments, seven 1-bedroom/1-bath apartments, and three studio units, all individually metered with tenants responsible for utilities. Features include: a 45-year dimensional shingle roof, a new carriage house roof (2025), newly paved parking lot, refinished hardwood floors, two water heaters, twelve furnaces and twelve central air units, prorated water usage billing to tenants, seven dedicated parking spaces, a two-car garage (currently used by owner), and an unfinished basement unit/storage area. Ideally located near University of Louisville and Cardinal Towne, this property is perfect for student housing or long-term tenants. Enjoy quick access to Churchill Downs, downtown Louisville, and I-65, making commuting and entertainment easily accessible. With its prime location, historic character, and strong income potential, this property presents an outstanding opportunity for investors seeking to maximize rental return. Contact the listing agent for additional details or to schedule a private showing.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Style
Other
Year Built
1910
Living Area
8,737 sq ft
Lot Size
0.22 sq ft
Lot Dimensions
50X200
Garage Spaces
2
Parking Spaces
7
MLS® Listing#
1717731
Property Features
Exterior
Cooling
Patio
Construction
Roof
Other Structures
Utilities
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
032A00740000
Directions
I65 South, Exit Right on St. Catherine St, Left on S. 4th Street, Building on Left
Affordability Calculator
$179,000
Estimated monthly payment
$4,764/mo
Principal $716,000 · Est. interest $998,884 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Louisville, KY
- $298,513
- Median Listing Price
- 40
- Median Days on Market
- 1,708
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 2,171
- Active Listings
- This home’s price is 200% above the area median.
- Its price per sq ft is 37% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Louisville, KY.
Location
Map is currently unavailable for this location.
Points of Interest in Louisville, KY
Showing the Louisville area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1155 S 28th St, Louisville, KY | $799,000 | 15 | 10 | 7,959 |
| 3610 Del Park Terrace, Louisville, KY | $980,000 | 16 | 14 | 9,824 |
| 1646 Beechwood Ave, Louisville, KY | $1,100,000 | 16 | 4 | 6,909 |
| 6500 Hackel Dr, Louisville, KY | $1,140,900 | 24 | 12 | 21,312 |
Moving Cost Estimate
EXIT Agents in Louisville
Listing Courtesy: Encore Realty Group