133 S 3rd St 404, Louisville, KY 40202 | MLS# 1710021

Description

Turnkey Louisville short term rental condo in iconic Levy Building. This furnished 3 bed, 2 bath condo in the historic Levy Building is an established short-term rental investment opportunity in the heart of downtown Louisville, KY. Currently operated as a short term rental with significant owner use, it generated approximately $56,000 in gross 2025 receipts, with clear upside through optimized management and design-forward positioning. Inside this large condo, three well-appointed bedrooms and two full baths create a flexible layout that works for couples, families, and business travelers sharing space. The open-concept living, dining, and kitchen areas offer an inviting hub for guests to relax between conventions, bourbon tours, or games, while in unit comforts and stylish furnishings help drive strong reviews and repeat bookings. Sold fully furnished, the unit allows an investor to step directly into income without the time and capital required to outfit a new property. As a short-term rental, this condo produced about $56,000 in gross receipts in 2025 with meaningful dates reserved for significant owner stays, underscoring both demand and underutilized potential. With professional revenue management, dynamic pricing, and tighter calendar optimization, an investor can pursue higher average nightly rates and occupancy while still preserving some personal use, if desired. Set within the historic Levy Building at 133 S Third Street, this property places guests steps from the Kentucky International Convention Center, Museum Row on Main, the Muhammad Ali Center, Louisville Slugger Museum & Factory, Whiskey Row, and Waterfront Park. The walkable downtown location, proximity to major employers and event venues, and easy access to Louisville Muhammad Ali International Airport support year round demand from corporate, medical, and leisure travelers. Investors will appreciate the blend of historic character, modern condo living, and proven short-term rental performance in a landmark downtown Louisville building. The unit conveys furnished, plus convenient access to both street and nearby garage parking options. Request a tour of the Levy Building today to evaluate this turnkey Louisville short term rental condo for your portfolio.