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936 S 1st St

Louisville, KY

$420,000

7 Beds 5 Baths

Don't miss this rare opportunity to own a fully rented 5-plex in the highly sought-after historic district of Old Louisville. Bursting with charm and character, this property offers a unique blend of timeless elegance and solid investment potential. Ideally located just minutes from downtown with easy expressway access, this multi-family gem delivers steady cash flow—with a current rent roll well in excess of the ''1% Rule.'' The owner pays water and LG&E for select units, with those costs offset by higher rents. This property is fully stabilized and can be sold individually or as part of a larger 19-unit portfolio including 930, 932, and 938 S 1st Street—an exceptional opportunity to invest in multiple income-producing properties in one of Louisville's most iconic neighborhoods. Rent roll

Status: Active
MLS #: 1683484
Type: Apartment
Sq. Feet: 4,382
On Site: 1958
Acres: 0.2
Agent Office: Housing Associates
Agent Name: Carlye Miller
Agent Email: carlye.realtor@gmail.com

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Architecture

Bedrooms: 7
Bathrooms: 5
Year Built: 1958
Stories: ********
Style: Traditional
Roof: Asphalt
Exterior: None
Climate control: Forced Air, Natural Gas (Heating); Central Air, Wall/Window Unit(s) (Cooling)
Utilities: Electricity Connected, Fuel:Natural
Fence: ********

Nearby Schools

Information deemed reliable but not guaranteed. All measurements are approximate. Last updated: Thursday, 29 May 2025

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