Updated flooringFresh interior finishesReplacement windowsNewer roofUpgraded led exterior lightingExterior painting and trimStainless steel appliances
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
17 days
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151
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Zillow last checked:
Listing updated:
Listed by:
Michael Kearns502-802-6044,
BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1721583
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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: $135/sqft
Date on market: 6/25/2026
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,023/mo
Price history
Date
Event
Price
6/25/2026
Listed for sale
$645,000$135/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1721583Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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