LKV Realty
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$550,000
$2,900Reward *
1509 S 3rd St, Louisville, KY 40208Listing ID 1685255

1509 S 3rd St, Louisville, KY 40208

Active
OLD LOUISVILLE
Time on site: 479 daysLast updated: Aug 28, 2025
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Bedrooms
Bedrooms
7
Bathrooms
Bathrooms
5
Square Feet
Square Feet
3,586
Acres
Acres
0.15
Days on Site
Days on Site
479
Cooling
Cooling
Central Air, Wall/Window Unit(s)
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1906
Garages
Garages
3

Discover a rare multifamily investment opportunity in the heart of Old Louisville on the prestigious ''Millionaire's Row,'' just steps from the University of Louisville campus. This grand Victorian-era quadplex blends historic charm with solid rental income potential. A welcoming covered porch and ornate entry hall lead into four spacious units, three of which have been recently renovated. One unit stands out with 4 bedrooms and 2 bathrooms, making it ideal for an owner-occupant seeking to offset living costs or for attracting premium rent. Tenants are responsible for all utilities, including water, helping to streamline operating expenses. A fenced rear yard offers privacy, while a 3-car garage accessible via the alley provides additional income potential or valuable off-street parking. The building is equipped with two furnaces and one shared water heater, with laundry facilities conveniently located in the basement for all residents. This property presents an excellent opportunity for investors or owner-occupants alike to secure a piece of one of Louisville's most iconic neighborhoods.

Property Information

Property Details

Location

Address
1509 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
7

Building

Building Information

Square Feet
3,586
Year Built
1906
Construction
Brick, Stone
Roof
Shingle
Six Degrees Real Estate, LLC, (502) 717-1274

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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