Sold for $585,000

$585,000

1221 S 3rd St, Louisville, KY 40203

--beds

12baths

4,500sqft

Apartment

Built in 1972

-- sqft lot

$-- Zestimate^®

$130/sqft

$1,046 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,046/mo

Zestimate^® history

Owner options

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$1,046/mo

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$1,046/mo

Rent Zestimate^®

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$3,573/mo

Est. payment

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$3,573/mo

Est. payment

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What's special

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

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 12

Heating

Forced Air, Natural Gas

Cooling

Central Air

Features

Has basement: No

Interior area

Total structure area: 4,500
Total interior livable area: 4,500 sqft
Finished area above ground: 4,500
Finished area below ground: 0

Property

Features

Patio & porch: Deck
Exterior features: Balcony

Lot

Size: 7,405 Square Feet
Dimensions: 40 x 180
Features: Covt/Restr, Sidewalk

Details

Parcel number: 032B00070000

Construction

Type & style

Home type: Apartment
Architectural style: Traditional
Property subtype: Apartment
Attached to another structure: Yes

Materials

Brick
Roof: Shingle

Condition

Year built: 1972

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Louisville

Financial & listing details

Price per square foot: $130/sqft
Date on market: 5/13/2024
Tenant pays: Cable TV, Electricity, Gas
Electric utility on property: Yes

Price history

Date	Event	Price
9/16/2024	Sold	$585,000-5.6%$130/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1655905 Report a problem
9/4/2024	Pending sale	$620,000$138/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1655905 Report a problem
8/1/2024	Contingent	$620,000$138/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1655905 Report a problem
5/13/2024	Listed for sale	$620,000$138/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1655905 Report a problem
4/16/2024	Pending sale	$620,000$138/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1655905 Report a problem
3/25/2024	Contingent	$620,000$138/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1655905 Report a problem
3/6/2024	Listed for sale	$620,000-4.6%$138/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1655905 Report a problem
12/20/2023	Listing removed	--
Source: Metro Search Inc. LLC DBA Apex MLS #1637443 Report a problem
11/2/2023	Listed for sale	$650,000-6.5%$144/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1637443 Report a problem
10/16/2023	Contingent	$695,000$154/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1637443 Report a problem
5/27/2023	Listed for sale	$695,000$154/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1637443 Report a problem
11/30/2019	Listing removed	$450
Source: Zillow Rental Manager Report a problem
11/1/2019	Listed for rent	$450-1.1%
Source: Zillow Rental Manager Report a problem
7/19/2019	Listing removed	$455
Source: Broadway Management Group Report a problem
7/11/2019	Price change	$455+1.1%
Source: Broadway Management Group Report a problem
6/18/2019	Listed for rent	$450
Source: Broadway Management Group Report a problem
2/22/2019	Listing removed	$450
Source: Broadway Management Group Report a problem
1/21/2019	Listed for rent	$450+3.4%
Source: Broadway Management Group Report a problem
12/1/2018	Listing removed	$435
Source: Broadway Management Group Report a problem
10/31/2018	Listed for rent	$435+2.4%
Source: Broadway Management Group Report a problem
8/19/2017	Listing removed	$425
Source: Zillow Rental Manager Report a problem
8/14/2017	Price change	$425-5.6%
Source: Zillow Rental Manager Report a problem
5/17/2017	Listed for rent	$450+13.9%
Source: Zillow Rental Manager Report a problem
4/8/2014	Listing removed	$395
Source: Broadway Management Group Report a problem
1/10/2014	Listed for rent	$395
Source: Broadway Management Group Report a problem