Located along Louisville's prestigious Millionaire's Row in the heart of Historic Old Louisville, this exceptional five-unit apartment building offers a rare opportunity to acquire a beautifully maintained, income-producing asset in one of the city's most desirable rental markets. Thoughtfully improved over many years of ownership, the property combines the timeless character of Historic Old Louisville with the modern updates today's tenants expect. Residents enjoy an exceptional location just minutes from the University of Louisville, Downtown Louisville, the Medical District, Norton Hospital, Churchill Downs, restaurants, coffee shops, parks, and entertainment. Ownership has completed extensive capital improvements, including a newer roof, exterior painting and trim, rebuilt deck, upgraded LED exterior lighting, improved common areas, electrical and plumbing upgrades, and numerous additional building system improvements. Apartment interiors have been extensively renovated with updated kitchens featuring modern cabinetry, countertops, and stainless steel appliances, renovated bathrooms, replacement windows, new furnaces and central air systems, updated flooring, fresh interior finishes, and contemporary lighting throughout. Additional improvements include insulated garage door replacement, added laundry hookups, and continued investment in the property's long-term maintenance and functionality. Whether expanding an investment portfolio or acquiring a signature property in one of Louisville's premier historic neighborhoods, 1475 S. 3rd Street offers an exceptional combination of historic character, extensive renovations, strong tenant demand, and long-term investment appeal. Investment Highlights: • Historic five-unit apartment building on prestigious Millionaire's Row • Prime location in Historic Old Louisville • Minutes from the University of Louisville, Downtown Louisville, hospitals, and major employers • Extensive capital improvements completed throughout ownership • Renovated apartment interiors with modern finishes • Electrical, plumbing, HVAC, and building system upgrades • Strong rental demand driven by proximity to UofL, the Medical District, and Downtown Louisville • Turnkey investment in one of Louisville's most sought-after historic neighborhoods
For sale
Price cut: $46K (7/28)
$599,000
1475 S 3rd St, Louisville, KY 40208
10beds
1baths
4,786sqft
Apartment
Built in 1919
-- sqft lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
Updated flooringFresh interior finishesReplacement windowsNewer roofUpgraded led exterior lightingExterior painting and trimStainless steel appliances
- 66 days
- 101
- 4
Zillow last checked:
Listing updated:
Listed by:
Michael Kearns 502-802-6044,
BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1721583
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 1
Features
- Has basement: Yes
Interior area
- Total structure area: 4,786
- Total interior livable area: 4,786 sqft
- Finished area above ground: 4,786
- Finished area below ground: 0
Property
Features
- Exterior features: None
Lot
- Size: 0 Square Feet
- Dimensions: 100 x 99
Details
- Parcel number: 12033B00030000
Construction
Type & style
- Home type: Apartment
- Architectural style: Traditional
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick, Stone
- Roof: Shingle
Condition
- Year built: 1919
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Old Louisville
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $125/sqft
- Date on market: 6/25/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$939/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Price change | $599,000-7.1%$125/sqft |
Source: | ||
| 6/25/2026 | Listed for sale | $645,000$135/sqft |
Source: | ||
| 2/7/2018 | Listing removed | $850 |
Source: Gant Hill & Assoc. (PM) Report a problem | ||
| 1/6/2018 | Price change | $850-15% |
Source: Gant Hill & Assoc. (PM) Report a problem | ||
| 11/29/2017 | Listed for rent | $1,000 |
Source: Gant Hill & Assoc. (PM) Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Est. payment









