1345 S 3rd St, Louisville, KY 40208 | MLS# 1689358

Description

Turnkey 6 Unit Investment Opportunity in Historic Old Louisville
Don’t miss this incredible chance to own a fully renovated 6-unit property in the heart of Old Louisville, offering high income potential with minimal upkeep. Spanning 5,258 sq. ft., this self-managed building showcases timeless character with original mantels and beautifully refinished hardwood floors throughout. All units have been remodeled including kitchens & baths.
Unit Breakdown:
(2) 2-bedroom, 1-bath units
(4) 1-bedroom, 1-bath units All units are individually metered, and tenants pay their own utilities. Each unit includes:
” Stainless steel appliances and dishwashers
” Updated kitchens with granite countertops
” Fully remodeled bathrooms with modern PEX/PVC plumbing
” Upgraded Electrical in all units
” All units fully remodeled with premium finishes
” Window A/C units
Upgrades & Improvements:
” New central furnace installed in 2021
” Significant exterior renovations: new fire escape, new front porch & limestone front steps.
” Dedicated off-street parking
” Coin-operated laundry in the hallway
This property attracts quality tenants and offers strong, consistent cash flow. An exceptional, low-maintenance investment in one of Louisville’s most iconic neighborhoods. The building is located in the heart of Old Louisville, close to UofL Cardinal Towne, minutes to Churchill Downs, Downtown and easy convenient access to I-65. Excellent opportunity for higher rent revenue. Any questions contact listing agent.

” Refinished hardwood floors
” Upgraded kitchens & bathrooms
” 3 Roofs (2 within last 3 years)
” 2 Water heater
” 1 Gas Furnaces (1st & 2nd floors)
” 3rd Floor heat, gas & water heater
” Window units
” Upgraded PEX/PVC plumbing
” Updated Electrical panels
” Basement storage
” Coin-op Laundry in hallway ($140 / month)
” Tenants pay electric/gas
” Self-managed property
” 4 Dedicated parking spaces

Rent/Type/Lease
1 $900 (1bed) – 9/30/25
2 Vacant (2 bed) (Goal $1,300-$1,400 / mth)
3 $1,050 (1 bed) – at will
4 $860 (1 bed) – 2/28/26
5 $935 (1 bed) – 2/28/26
6 $1,200 (2 bed) – 5/31/26