1443 S 3rd St Louisville, KY
$ 1
Property Attributes
  • MLS#1564245
  • TypeMulti-Family
  • CityLouisville
  • AreaDtwn Old Louisville-Shively-West Lou
  • Zip40208
  • StyleApartment
  • Price$ 1
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4936
Listing Provided Courtesy Of:
Re/Max 100
Property Description

ONLINE ONLY AUCTION! Bidding is open and will end on August 11, 2020 4pm. This great investment property is super easy to keep fully rented as it is located on what is know as Millionaires Row in Historic & Sought-after Old Louisville. Originally built as a single-family home in the late Circa 1890's and was likely converted to sleeping rooms or apartments in the late 1940's or early 1950's to create income during the war. The 30' X 103' lot (per Lojic map) is on the smaller side which means less yard work for the investor. The main structure offers approximately 4236 Sq. Ft. above grade with an additional 1404 Sq. Ft. in the lower level. The basement currently has 2 sets of washers & dryers that are used by this building along with the tenants of 1441 S 3rd that is owned by the same investor. The property is heated by forced air gas furnace and cooled with landlord provided window air conditioners. Kitchens have ranges and refrigerators. All utilities are included in the rent (except for cable TV but hook-ups are in place for them). There are a total of 6 units in this building consisting of 1 Efficiency on the 1st floor, a studio on the 2nd floor and four additional 1 bedroom units (1 on the 1st floor, 1 on the 2nd floor and 2 on the 3rd floor). The rents range from $450 - $740 per unit (please see attached rent roll for more information, leases, etc. The total monthly rents generate $3690 with monthly expenses of water / sewer, LG&E, taxes and property insurance of approximately $1657 per month which creates a net monthly income of $2033. (See attached rent roll for breakdowns).

Price History
7/15/2020 Listed $1

General Features

Age 115.00
Area 01-Dtwn Old Louisville/Shively/West Lou
Block 033B
Construction Brick, Frame - Wood
Disclosure No
Energy Window/Wall Unit
Owner Pays Electric, Gas, Sewer, Trash Removal, Water
Project Facilities Laundry Facility
Property Sub Type Apartment
Property Type B
Public Remarks ONLINE ONLY AUCTION! Bidding is open and will end on August 11
Security Deposit varies
Status Active
Tenant Pays Cable
Term/Lease varies
Virtual Tour
Year Built 1905

Interior Features

Above Grade Finished 4236.00
Below Grade Finished 700.00
Total Units 6.0000
Utilities City Sewer, City Water, Electricity Connected, Fuel:Natural

Exterior Features

3rd Level: Range 2
Covered Parking No
Exterior Porch
Lot 0093
Lot Description Sidewalk
Number of Parking Spaces 0.0
Roof Shingle


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 40208

AVG 39
Year Built
AVG 1906

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