LKV Realty
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$599,000
$2,900Reward *
1475 S 3rd St, Louisville, KY 40208Listing ID 1721583

1475 S 3rd St, Louisville, KY 40208

Active
OLD LOUISVILLE
Time on site: 53 daysLast updated: 2 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Bedrooms
Bedrooms
10
Bathrooms
Bathrooms
1
Square Feet
Square Feet
4,786
Days on Site
Days on Site
53
Year Built
Year Built
1919

Located along Louisville's prestigious Millionaire's Row in the heart of Historic Old Louisville, this exceptional five-unit apartment building offers a rare opportunity to acquire a beautifully maintained, income-producing asset in one of the city's most desirable rental markets. Thoughtfully improved over many years of ownership, the property combines the timeless character of Historic Old Louisville with the modern updates today's tenants expect. Residents enjoy an exceptional location just minutes from the University of Louisville, Downtown Louisville, the Medical District, Norton Hospital, Churchill Downs, restaurants, coffee shops, parks, and entertainment. Ownership has completed extensive capital improvements, including a newer roof, exterior painting and trim, rebuilt deck, upgraded LED exterior lighting, improved common areas, electrical and plumbing upgrades, and numerous additional building system improvements. Apartment interiors have been extensively renovated with updated kitchens featuring modern cabinetry, countertops, and stainless steel appliances, renovated bathrooms, replacement windows, new furnaces and central air systems, updated flooring, fresh interior finishes, and contemporary lighting throughout. Additional improvements include insulated garage door replacement, added laundry hookups, and continued investment in the property's long-term maintenance and functionality. Whether expanding an investment portfolio or acquiring a signature property in one of Louisville's premier historic neighborhoods, 1475 S. 3rd Street offers an exceptional combination of historic character, extensive renovations, strong tenant demand, and long-term investment appeal. Investment Highlights: • Historic five-unit apartment building on prestigious Millionaire's Row • Prime location in Historic Old Louisville • Minutes from the University of Louisville, Downtown Louisville, hospitals, and major employers • Extensive capital improvements completed throughout ownership • Renovated apartment interiors with modern finishes • Electrical, plumbing, HVAC, and building system upgrades • Strong rental demand driven by proximity to UofL, the Medical District, and Downtown Louisville • Turnkey investment in one of Louisville's most sought-after historic neighborhoods

Property Information

Property Details

Location

Address
1475 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
10

Building

Building Information

Square Feet
4,786
Year Built
1919
Construction
Brick, Stone
Roof
Shingle
BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors, (502) 897-3321

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.

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