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Pending
  • $335,000

    133 S 3rd St APT 405, Louisville, KY 40202

    2beds
    1,512sqft
    : 
    $2,446/mo
    Get pre-qualified
    Condominium
    Built in 1905
    -- sqft lot
    $328,100 Zestimate®
    $222/sqft
    $-- HOA

    What's special

    Furnished Downtown Condo with STR Potential Short-term rentals are allowed. Sold furnished. AirDNA projects approximately $69,000 in annual gross revenue when configured as a three-bedroom sleeping six. That combination makes this one of the more interesting ownership opportunities in downtown Louisville. Located on the fourth floor of the historic Levy Building, this condo has been loved by the same owner since the building was converted to residences and has never before been offered on the MLS. It is currently configured with two bedrooms, but the layout offers a straightforward opportunity to create a third — an important consideration for a buyer looking to maximize guest capacity and income potential. The unit itself has another advantage within the building: desirable north-facing views of downtown Louisville. Large windows bring in abundant natural light while overlooking the cityscape and nearby green space, giving the property the kind of setting that photographs well and matters to both guests and occupants. . For a short-term rental, the location makes sense. Guests can walk within minutes to the KFC Yum! Center, Whiskey Row, Kentucky International Convention Center, Kentucky Center for the Arts, Museum Row, restaurants, NULU, bourbon experiences and many of downtown Louisville's biggest attractions. The unit has never been operated as an Airbnb, giving the next owner the opportunity to establish the property and operation from the beginning. The building has a story worth telling, too. Built in 1893 as the Levy Brothers clothing store, the Levy Building is listed on the National Register of Historic Places. Its elaborate exterior was illuminated with electric lights, helping inspire the old Louisville expression "lit up like Levy's." Today, just 23 condominiums occupy the residential portion of the building, served by two elevators. A large private storage unit on the mezzanine level conveys with the condo. Street parking and monthly parking options are available in neighboring garages, while the HOA covers water, trash, exterior and common-area cleaning and maintenance, and general liability insurance. The association also benefits from annual cellular tower lease revenue, providing an additional source of income to support its operations. Furnished. STR-friendly. Flexible three-bedroom potential. Walkable to Louisville's major downtown destinations. And AirDNA projecting approximately $69,000 in annual gross revenue. For an investor looking for a downtown Louisville property that can be put to work, this one deserves a serious look.
    33 days
    358
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan D Klunk 888-624-6448,

    EXP Realty LLC

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1727694MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      Bedroom
      • Level: First
      Primary bathroom
      • Level: First
      Full bathroom
      • Level: First
      Dining area
      • Level: First
      Kitchen
      • Level: First
      Laundry
      • Level: First
      Living room
      • Level: First
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Features
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 1,512
      • Total interior livable area: 1,512 sqft
      • Finished area above ground: 1,512
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: On Street, See Remarks
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Exterior features: See Remarks
      • Fencing: None
      Lot
      • Size: 7,840 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 017R04050000

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium
      Materials
      • Wood Frame, Brick, Stone
      • Foundation: Concrete Perimeter
      • Roof: Rubber,Flat
      Condition
      • Year built: 1905

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: The Levy
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Sewer, Snow Removal, Trash, Water
      Location
      • Region: Louisville

      Financial & listing details

      • Price per square foot: $222/sqft
      • Tax assessed value: $241,920
      • Annual tax amount: $2,599
      • Date on market: 9/3/2026
      • Electric utility on property: Yes

        Estimated market value

        $328,100

        $312,000 - $345,000

        $1,945/mo

        Price history

        DateEventPrice
        9/24/2026Pending sale$335,000$222/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1727694 Report a problem
        9/4/2026Contingent$335,000$222/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1727694 Report a problem
        9/3/2026Listed for sale$335,000+42.4%$222/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1727694 Report a problem
        7/19/2005Sold$235,270$156/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,599 -2.8%$241,920
        2024$2,674 -4.1%$241,920
        2023$2,787 -0.8%$241,920 +2.8%
        2022$2,811 -5.3%$235,270
        2021$2,969 +4.6%$235,270
        2020$2,839 $235,270
        2019$2,839 +2.7%$235,270
        2018$2,765 $235,270
        2017$2,765 +17.5%$235,270
        2013$2,353 $235,270
        2011$2,353 $235,270
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Central Business District

        Getting around

        81 / 100
        Very Walkable
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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