For Sale

1221 S 3rd, Louisville, KY, 40203


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Square feet

Time on site: 8 Days

About 1221 S 3rd

Attention Investors! 1221 South 3rd Street, Louisville, KY offers 12 UNITS - well maintained, separately metered STUDIO APARTMENTS! Each unit has its own furnace, central air, and water heater and many of these mechanicals have been upgraded with new models over the last few years. These studio apartments are good-sized and have an excellent location in HISTORIC OLD LOUISVILLE. Easy to rent, not ever staying vacant for long, this apartment complex makes for an excellent opportunity. Convenient to U of L, the hospital complex, downtown entertainment venues, easy interstate access and everything Old Louisville has to offer! Located between East Oak Street and East Ormsby. This brick apartment building offers paved off-street parking, a major bonus for the area, and is also convenientlylocated on the bus line. Don't miss out on this chance to own a piece of prime real estate in the heart of the city with top revenue potential!

Facts & Features

MLS® # 1637443
Price $695,000
Bathrooms 12.00
Full Baths 12
Square Footage 4,500
Year Built 1972
Type Multifamily
Sub-Type Apartment
Status Active

Community Information

Address 1221 S 3rd
Area Dtown/Old Louisville/Shively/West Lou
City Louisville
County Jefferson
State KY
Zip Code 40203
Directions South 3rd St, between E Oak and E Ormsby on left side of street. 3rd is One Way.


Utilities Electric, Fuel:Natural, City Sewer, City Water
Parking Spaces 12
Is Waterfront No
Has Pool No


Exterior Features Deck, Balcony
Lot Description Covt/Restr, Sidewalk
Roof Shingle
Construction Brick

Listing Details

OfficeRE/MAX Premier Properties

Detailed Map of 1221 S 3rd, Louisville, KY

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More about 1221 S 3rd

Local Housing Market Trends

Median Sale Price

$90,000 -20.3%

# Homes Sold

335 -8.2%

Days on Market