1403 E Breckinridge St, Louisville, KY 40204

Discover 1403 East Breckinridge Street, a historic duplex in the heart of Louisville's coveted Original Highlands. Featuring two generously sized, 1,200-square-foot, 2-bedroom units, this duplex boasts original heart-pine hardwood floors, elegant pocket doors, and decorative fireplaces. With high ceilings, large closets, and light-filled rooms, it offers the perfect balance of historic character and modern livability. Outside, enjoy a welcoming front porch, a tranquil rear patio, and a deck with breathtaking city and sunset views. This property is ideally located within walking distance (2 blocks) to tons of restaurants, cafes, and shopping; but sits just far enough away from these business corridors to retain a quiet, ''residential'' vibe. The home blends timeless charm, remarkable flexibility, and outstanding potential for families, investors, and those seeking a one-of-a-kind opportunity. The possibilities are limitless. For investors, the lower unit has a proven track record, generating over $2,000 per month in the past as a short-term rental. The owner has occupied the upper unit, but this unit would also generate at least $2,000+ per month as a short-term rental (as upper unit is the same size and condition as the lower unit). With some updates - including finishing the nearly-completed 3rd floor unit (dormers have been built out, framing, insulation, electrical and plumbing are already in place) - monthly rental income would immediately be $5,000+ for a short-term rental situation and at least $3,600 for a long-term rental situation. It's an ideal setup for families looking to offset college housing costs, those needing an "in-law" suite, or anyone seeking a live-and-rent opportunity. Alternatively, the duplex could be transformed into a stunning single-family home with over 3,000 square feet of living space. While the property is being sold as-is and some maintenance remains, there have been many substantial updates completed to plumbing, windows, bathrooms, laundry rooms, and a recently refinished original heart-pine floor, plus MANY more updates; providing a strong foundation for you to create your dream home and/or a cash-producing investment property. Priced under $150 per square footfar below neighborhood averages and assessed values on PVA, Zillow, and Redfinthis home represents an exceptional opportunity to build equity and cash flow in a prime location. This property was always billed on Airbnb as "Best Location In Louisville" as it is 12 minutes from the airport, 5 minutes to downtown, 2 blocks to Bardstown/Baxter Business Corridor, 2 blocks to Wilishire pantry and the Barret Ave Business Corridor, 2 minutes to NULU, and less than a mile to Cherokee Park, Tyler Park, Historic Cave Hill Cemetery, and The Frankfort Avenue Business Corridor. Whether you're seeking a high-performing investment, a multigenerational living solution, or a spacious family home, this property delivers unmatched value.