For Sale

1481 S 2nd St, Louisville, KY, 40208

$900,000

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7,355

Square feet

0.10

Acres

Time on site: 6 Days

About 1481 S 2nd St

The property is located within a 4-mile radius of four colleges and universities, making it a highly sought-after investment due to the strong demand for student housing. Meticulously renovated and maintained by the current owners over the past 20 years, it features 7,355 SF of finished living space, along with an additional 2,000 SF of unfinished basement, offering extra storage space. This is a turn-key investment, ideal for both first-time investors and seasoned professionals looking to expand their portfolio. The current owners are open to staying on to manage the property, ensuring a smooth transition and continued high occupancy. With its prime location, recent upgrades, and established management, this is an opportunity to generate immediate cash flow with minimal hassle.

Facts & Features

MLS® # 1680136
Price $900,000
Square Footage 7,355
Acres 0.10
Year Built 1905
Type Multi Family
Sub-Type Apartment
Status Active

Community Information

Address 1481 S 2nd St
Area 01-Dtwn Old Louisville/Shively/West Lou
Subdivision OLD LOUISVILLE
City Louisville
County Jefferson
State KY
Zip Code 40208
Directions -

Amenities

Utilities Electricity Connected, Fuel:Natural
Is Waterfront No

Interior

Heating Forced Air, Natural Gas
Fireplace No

Exterior

Exterior Features Balcony
Roof Flat
Construction Brick

Additional Information

RE / Bank Owned No

Listing Details

OfficeEXP Realty LLC

Detailed Map of 1481 S 2nd St, Louisville, KY

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Local Housing Market Trends

Median Sale Price

$90,000 -20.3%

# Homes Sold

335 -8.2%

Days on Market

30+15.3%