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.
Pending
$335,000
133 S 3rd St APT 405, Louisville, KY 40202
2beds
1,512sqft
Condominium
Built in 1905
-- sqft lot
$328,100 Zestimate®
$222/sqft
$-- HOA
What's special
- 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#: 1727694
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
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Pending sale | $335,000$222/sqft |
Source: | ||
| 9/4/2026 | Contingent | $335,000$222/sqft |
Source: | ||
| 9/3/2026 | Listed for sale | $335,000+42.4%$222/sqft |
Source: | ||
| 7/19/2005 | Sold | $235,270$156/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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







