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1240 S 1st St, Louisville, KY 40203
1240 S 1st St, Louisville, KY 40203
1240 S 1st St, Louisville, KY 40203
1240 S 1st St, Louisville, KY 40203
1240 S 1st St, Louisville, KY 40203
1240 S 1st St, Louisville, KY 40203
1240 S 1st St, Louisville, KY 40203

1240 S 1st St Louisville, KY 40203

$700,000

COMING SOON
Beds
6
Baths
5
Sqft
4,958
Acres
0.16
Year
1897
Days on Site
Just Now
Property Type
Residential Income
Sub Type
Apartment
Per Square Foot
$141
Date Listed
Sep 2, 2026

Description of 1240 S 1st St, Louisville, KY 40203

Listing details for 1240 S 1st St, Louisville, KY 40203 : Awesome Old Louisville 5-unit building with Mid-term rentals located on South First St. Stunning and remarkable renovation that offers 5 Derby themed furnished spaces and is currently bringing in $7,995 per month in rents. 4 one-bedroom units and one spacious 2-bedroom unit. Each unit offers an all-in-one washer/dryer unit for resident convenience. Each unit has fully equipped kitchens (pots, pans, cutlery, dishware, etc.) with stoves, dishwashers, microwaves & refrigerators and all small kitchen appliances. All furniture, bedding, linens, towels, etc.) will remain. Lots of original oak hardwood flooring, original fireplace mantels, some claw foot tubs, all bedrooms have black out blinds in them. Most of the residents are traveling nurses who generally stay for 3 - 6 months. The building went through a full restoration/renovation in 2023 that included updating electrical, plumbing, 5 HVAC systems, new hanging gutters, downspouts & box gutters reworked. All kitchens and baths were thoughtfully renovated at this time as well. Each unit is separately metered for gas & electric (however the current owners pay all utilities and internet as a convenience to the residents). Parking is not an issue here, the 35' X 200' lot provides parking for up to 8 vehicles. Water, sewer, gas and electric average around $1060 per month. The owners also provide Internet access to all units, which is $115 per month.
Listing Updated : 09-02-2026 at 11:48 AM EDT
Listing Provided By

RE/MAX Results

Source

Metro Search MLS, MLS#: 1727957

For more information on this listing contact us at 502-536-9036

Property History

DateEventPrice
9/2/2026
Coming Soon
$700,000 +52.5%
$141/sqft
Source:Metro Search MLS #1727957
7/3/2023
Sold
$459,000 0%
$93/sqft
Source:Metro Search MLS #1634496
4/17/2023
Listed for sale
$459,000
$93/sqft
Source:Metro Search MLS #1634496
Home Worth Check

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For more information on this listing contact us at 502-536-9036