This six unit multifamily asset is located in one of the strongest areas of Old Louisville. Built as an apartment property, the building is easy walking distance to the University of Louisville and is across from the Youth Performing Arts School, Noe Middle School and Manual High School campuses. It has been owned by the same family for multiple generations.
The property contains large 2BR/2 full bath units that are over each 1,000 SF. Each apartment is separately metered for LG&E and contain washer/dryer hookups. This asset is ideal for an investor seeking a high demand tenant base in an architecturally pleasing, historic asset. A buyer can enjoy steady cash flow and upside potential in rents, as well as strong intrinsic value of the underlying real estate. Highlights include:
> 6 large 2BR/2 Full Bath Units
> Separately Metered Gas & Electric
> Washer/Dryer Hookups in Units
> Steps from UofL and YPAS/Manual
Sold for $560,000
$560,000
107 W Hill St, Louisville, KY 40208
--beds
--baths
6,272sqft
Apartment
Built in 1920
-- sqft lot
$-- Zestimate®
$89/sqft
$1,024 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,024/mo
Zestimate® history
Owner options
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$3,474/mo
Est. payment
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Est. payment
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List your homeWhat's special
Noe middle school
Zillow last checked:
Listing updated:
Listed by:
Jenny Johnston 502-645-1729,
PRG Commercial Property Advisors
Bought with:
Lori A Lopez, 283444
Exit Realty Choice
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1651982
Facts & features
Interior
Heating
- Forced Air
Features
- Has basement: Yes
Interior area
- Total structure area: 6,272
- Total interior livable area: 6,272 sqft
- Finished area above ground: 6,272
- Finished area below ground: 0
Property
Features
- Exterior features: None
Details
- Parcel number: 0
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $89/sqft
- Date on market: 1/2/2024
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2024 | Sold | $560,000-5.9%$89/sqft |
Source:  Metro Search Inc. LLC DBA Apex MLS #1651982 Report a problem | ||
| 3/6/2024 | Pending sale | $595,000$95/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1651982 Report a problem | ||
| 2/10/2024 | Price change | $595,000-7%$95/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1651982 Report a problem | ||
| 1/2/2024 | Listed for sale | $640,000$102/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1651982 Report a problem | ||
| 10/19/2023 | Listing removed | -- |
Source: Metro Search Inc. LLC DBA Apex MLS #1646072 Report a problem | ||
| 9/24/2023 | Listed for rent | $895+14% |
Source: Metro Search Inc. LLC DBA Apex MLS #1646072 Report a problem | ||
| 11/2/2017 | Listing removed | $785 |
Source: Zillow Rental Manager Report a problem | ||
| 9/15/2017 | Price change | $785-1.9% |
Source: Zillow Rental Manager Report a problem | ||
| 9/7/2017 | Price change | $800-5.9% |
Source: Zillow Rental Manager Report a problem | ||
| 8/7/2017 | Listed for rent | $850+22.3% |
Source: Zillow Rental Manager Report a problem | ||
| 10/11/2013 | Listing removed | $695 |
Source: Broadway Management Group Report a problem | ||
| 9/11/2013 | Listed for rent | $695 |
Source: Broadway Management Group Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Old Louisville
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Nearby schools
GreatSchools rating
- 2/10Cochran Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Highland Middle SchoolGrades: 6-8Distance: 2.8 mi
- 1/10Iroquois High SchoolGrades: 9-12Distance: 3.8 mi
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