1221 S 3rd St Louisville, KY $ 620,000
1221 S 3rd St
$ 620,000
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1221 S 3rd St

Louisville, KY, 40203
$ 620,000
Baths0.0 Sq 4,500

Monthly Estimate*

$ 4,121

1221 S 3rd St, Louisville, KY 40203 - Image 1
1221 S 3rd St, Louisville, KY 40203 - Image 2
1221 S 3rd St, Louisville, KY 40203 - Image 3
1221 S 3rd St, Louisville, KY 40203 - Image 4
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1221 S 3rd St, Louisville, KY 40203 - Image 8
Studio

Single Family Home for sale in Louisville, KY

for $620,000. This 4,500 square foot home was built in 1972 on a lot size of 0.17.

Calling all investors! 1221 South 3rd Street presents a great opportunity to own an apartment building in the heart of Old Louisville. This brick building boasts 12 studio units, each featuring its own separate furnace and water heater, many of which have been recently upgraded. Situated in historic Old Louisville, residents have easy access to the University of Louisville, the hospital complex, easy interstate access, and the best of the neighborhood's restaurants, shops, and entertainment. Studios are easy to rent and rarely stay vacant, ensuring a steady stream of income. Residents enjoy the benefits of on-site paved off-street parking and easy access to public transportation. Don't miss out on this chance to own a piece of Louisville's thriving rental market! Contact us

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Single Family Active

Price

$ 620,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

0.17

Year Built

1972

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

1655905

Features
General
Heating Forced Air Natural Gas
Cooling Central Air
Utilities City Sewer City Water Electricity Connected Fuel:Natural
Roof Shingle
Exterior Features Balcony Deck
HOA 0.0
Architectural Style Traditional
Construction Materials Brick
Year Built 1972
Tenant Pays Gas Electric Cable
Property SubType Apartment
County Jefferson
Property Type MultiFamily
HOA / Comm Assn N
Subdivision Name NONE
Garage Y/N N
Status Active
Directions South 3rd St between E Oak and E Ormsby on left side of street. 3rd is One Way.
City Louisville
View Y/N N
NumberOfUnitsTotal 12
MLS Area 01-Dtwn Old Louisville/Shively/West Lou
Lot Size Units Square Feet
Lot Size Square Feet 7200.0
Carport Y/N N
Street Name 3rd
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 01-Dtwn Old Louisville/Shively/West Lou
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 0007
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Exterior
Lot Features Covt/Restr Sidewalk
Lot Size Area 7200.0
Spa N
Building Area Total 4500.0
Lot Dimensions 40x180
Lot Size Acres 0.17
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 4500.0
Street Suffix St
Below Grade Finished Area 0.0
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1221
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* Excluded Features
List By
Re/Max Premier Properties

Broker

zack@pittsteamtoo.com

Email

Affordability Calculator

$4,121
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,121
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
518801 Elementary School
518802 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2024$620,000 Listed Price

Map


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1221 S 3rd St, Louisville, KY, 40203 is a Single Family Home for sale at $620,000 with 4,500 sqft and a lot size of 0.17. 1221 S 3rd St is a studio with 0.0 baths and was built in 1972. The property's zip code is 40203 which is in Louisville, KY