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1509 S 3rd St

Louisville, KY

$550,000

7 Beds 5 Baths

Discover a rare multifamily investment opportunity in the heart of Old Louisville on the prestigious ''Millionaire's Row,'' just steps from the University of Louisville campus. This grand Victorian-era quadplex blends historic charm with solid rental income potential. A welcoming covered porch and ornate entry hall lead into four spacious units, two of which have been recently renovated. One unit stands out with 4 bedrooms and 2 bathrooms, making it ideal for an owner-occupant seeking to offset living costs or for attracting premium rent.

Tenants are responsible for all utilities, including water, helping to streamline operating expenses. A fenced rear yard offers privacy, while a 3-car garage accessible via the alley provides additional income potential or valuable off-street parking.

Status: Active
MLS #: 1685255
Type: Quadruplex
Sq. Feet: 4,386
On Site: 1906
Acres: 0.15
Agent Office: Six Degrees Real Estate, LLC
Agent Name: Courtney Celasun
Agent Email: courtney@sixdegreesre.com
Agent Phone: 502-472-6867

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Architecture

Bedrooms: 7
Bathrooms: 5
Year Built: 1906
Stories: ********
Style: Traditional
Roof: Shingle
Exterior: See Remarks
Climate control: Forced Air, Natural Gas (Heating); Central Air, Wall/Window Unit(s) (Cooling)
Utilities: Electricity Connected, Fuel:Natural
Fence: ********

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Information deemed reliable but not guaranteed. All measurements are approximate. Last updated: Thursday, 1 May 2025

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