LKV Realty
Logo
$600,000
$3,400Reward *
1345 S 3rd St, Louisville, KY 40208Listing ID 1689358

1345 S 3rd St, Louisville, KY 40208

Active
OLD LOUISVILLE
Time on site: 432 daysLast updated: Nov 21, 2025
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
6
Square Feet
Square Feet
5,258
Days on Site
Days on Site
432
Cooling
Cooling
Wall/Window Unit(s)
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1880

Turnkey 6 Unit Investment Opportunity in Historic Old Louisville Don't miss this incredible chance to own a fully renovated 6-unit property in the heart of Old Louisville, offering high income potential with minimal upkeep. Spanning 5,258 sq. ft., this self-managed building showcases timeless character with original mantels and beautifully refinished hardwood floors throughout. All units have been remodeled including kitchens & baths. Unit Breakdown: (2) 2-bedroom, 1-bath units (4) 1-bedroom, 1-bath units All units are individually metered, and tenants pay their own utilities. Each unit includes: " Stainless steel appliances and dishwashers " Updated kitchens with granite countertops " Fully remodeled bathrooms with modern PEX/PVC plumbing " Upgraded Electrical in all units " All units fully remodeled with premium finishes " Window A/C units Upgrades & Improvements: " New central furnace installed in 2021 " Significant exterior renovations: new fire escape, new front porch & limestone front steps. " Dedicated off-street parking " Coin-operated laundry in the hallway This property attracts quality tenants and offers strong, consistent cash flow. An exceptional, low-maintenance investment in one of Louisville's most iconic neighborhoods. The building is located in the heart of Old Louisville, close to UofL Cardinal Towne, minutes to Churchill Downs, Downtown and easy convenient access to I-65. Excellent opportunity for higher rent revenue. Any questions contact listing agent. " Refinished hardwood floors " Upgraded kitchens & bathrooms " 3 Roofs (2 within last 3 years) " 2 Water heater " 1 Gas Furnaces (1st & 2nd floors) " 3rd Floor heat, gas & water heater " Window units " Upgraded PEX/PVC plumbing " Updated Electrical panels " Basement storage " Coin-op Laundry in hallway ($140 / month) " Tenants pay electric/gas " Self-managed property " 4 Dedicated parking spaces Rent/Type/Lease 1 $900 (1bed) - 9/30/25 2 Vacant (2 bed) (Goal $1,300-$1,400 / mth) 3 $1,050 (1 bed) - at will 4 $860 (1 bed) - 2/28/26 5 $935 (1 bed) - 2/28/26 6 $1,200 (2 bed) - 5/31/26

Property Information

Property Details

Location

Address
1345 S 3rd St
County
Jefferson
City
Louisville
Zip Code
40208
Subdivision
OLD LOUISVILLE
MLS Area
01-Dtwn Old Louisville/Shively/West Lou

Interior Features

Beds and Baths

Bedrooms
8

Building

Building Information

Square Feet
5,258
Year Built
1880
Construction
Brick
Roof
Flat, Metal
Encore Realty Group, (502) 384-4991

Market Report for 40208

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Greater Louisville Association of REALTORS®
Greater Louisville Association of REALTORS® logo

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc.. Real estate listings held by brokerage firms other than LKV Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Metro Search, Inc.

For corrections to this data please contact Brytecore MLS Support.

28273 • 29544