Queen-size suiteTop-tier ge stainless appliancesPrivate-entry apartments
Rare multi-structure gem in Louisville's thriving Portland Opportunity Zone - No expenses were spared and no corners were cut on these building renovations! This fully renovated compound includes three distinct structures, offering unmatched flexibility for event hosting, retail, live/work, and rental income. Building #1 (1529 W Market St): A stunning 3-story transformation with a beautiful exterior mural commissioned by Louisville Public Media. Interior renovations include installation of a CMDA sprinkler system, fire-rated interior doors, and spray foam insulation throughout. The first floor is a showstopper ideal for specialty retail or hosting special events. Upstairs, two private-entry apartments feature beautiful engineered hickory hardwood floors, quartz kitchen and bath counters, top-tier GE stainless appliances, and spa-style baths with porcelain tile throughout. RETAIL CONCEPT IDEAS: -Bookstore + Self-Serve Coffee Bar: Think curated titles, local authors, and cozy nooks. Add a vintage espresso cart and soft jazz playlists...Portland meets Paris! -Boutique Clothing Studio: Feature sustainable fashion, local designers, or a capsule wardrobe concept. The arched windows make a stunning display backdrop. -Artisan Apothecary: Small-batch skincare, herbal remedies, and wellness workshops. Add a scent bar or DIY bath salt station. -Gallery + Maker Space: Rotate local art exhibits with hands-on workshops, printmaking, ceramics, or zine creation. Great for First Friday events. -Vinyl & Vintage Pop-Up: Records, retro wear, and analog nostalgia. Host listening parties or DJ sets under those pendant lights. EVENT SPACE CONCEPT IDEAS: - Silent Disco Venue: The elongated layout is perfect for immersive sound zones. Add LED floor lighting and rotating themes (90s night, Afrobeat, etc.). - Milestone Celebration Hub: Birthdays, micro-weddings, retirement parties. Offer packages with local caterers and photo booth setups. - Storytelling Salon: Host spoken word, memoir readings, or community storytelling nights. Add modular seating and moody lighting. - Wellness Retreats: Yoga, breathwork, or grief circles. The natural light and clean aesthetic are ideal for grounding energy. - Pop-Up Dinner Series: Collaborate with chefs for ticketed tasting menus. Use the adjacent flex space for prep or VIP lounge Building #1 is hardwired for internet, and the security equipment in the basement shall remain; the buyer will just need to activate services with a provider of their choice. Building #2 (1537 W Market St): A fully furnished live/work flex space with luxury vinyl plank flooring throughout. The first floor is currently being used as a casual office meeting space and can easily convert into a studio apartment. The furnished first floor includes a kitchenette and full bath. The second floor features a beautifully renovated 1-bedroom apartment with LVP flooring, quartz counters, porcelain tile, queen-size suite, and full-size stackable washer/dryer. All appliances, furnishings, and mounted TVs throughout Building #2 convey. Building #3 (Formerly 1526 Pirtle St): A detached 2-car garage included with Building #1 offers secure storage or additional income potential, ideal for the 2nd and 3rd floor apartment residents. Located in Louisville's designated Opportunity Zone, this property is a strategic investment with high-impact potential, whether you're an entrepreneur, investor, or visionary homeowner. All renovations and mechanicals were professionally permitted and upgraded to meet modern building codes. The property also features a gated security entrance, providing controlled access to the apartments or short-term rental units. This added layer of protection offers peace of mind for residents and guests, enhancing both privacy and safety while reinforcing the property's appeal for long-term tenants and Airbnb travelers alike. With flexible zoning, multiple income streams, and close proximity to 4th Street Live, Kentucky Center for The Arts, Muhammad Ali Center, KFC Yum! Center, and both Portland and Nulu's revitalization corridors, this property offers the rare combination of turnkey readiness and long-term growth potential ready to support your vision from day one. Call to schedule your private tour today!
345 days
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192
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9
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Zillow last checked:
Listing updated:
Listed by:
Barrett Goff502-905-2653,
Allodium Real Estate
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1696821
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Heating
MiniSplit/Ductless, Electric, Forced Air, Radiant
Cooling
Heat Pump, Central Air
Features
Has basement: Yes
Interior area
Total structure area: 6,852
Total interior livable area: 6,852 sqft
Finished area above ground: 6,852
Finished area below ground: 0
Property
Parking
Total spaces: 2
Parking features: Garage
Garage spaces: 2
Features
Exterior features: Balcony
Lot
Size: 0.36 Acres
Dimensions: 80 x 195
Features: Corner Lot
Details
Additional structures: Garage(s)
Parcel number: 014A01650000
Construction
Type & style
Home type: Apartment
Architectural style: Traditional
Property subtype: Apartment
Attached to another structure: Yes
Materials
Brick
Roof: Flat,Membrane
Condition
Year built: 1920
Utilities & green energy
Sewer: Public Sewer
Water: Private
Utilities for property: Electricity Connected
Community & HOA
Community
Subdivision: Portland
HOA
Has HOA: No
Location
Region: Louisville
Financial & listing details
Price per square foot: $201/sqft
Date on market: 8/30/2025
Tenant pays: Cable TV, Electricity
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
1/8/2026
Price change
$1,375,000-5.2%$201/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1696821Report a problem
12/19/2025
Price change
$1,450,000-4.9%$212/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1696821Report a problem
10/1/2025
Price change
$1,525,000-3.2%$223/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1696821Report a problem
9/12/2025
Price change
$1,575,000-3.1%$230/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1696821Report a problem
8/30/2025
Listed for sale
$1,625,000$237/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1696821Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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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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