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Louisville, KY Apartment Buildings for Sale

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Three-Story Mixed-Use Property
Updated: Aug 25
Three-Story Mixed-Use Property

3000 S 3rd St, Louisville, KY 40208

$995,000
7,709 sqft
Six remodeled apartment units with a mix of one- and two‑bedroom layouts
Restaurant space includes approximately 2100 square feet on the main floor and 2100 square feet in the basement
7,709‑square‑foot mixed‑use building
Three separate restrooms on the restaurant’s main floor
Prominent corner property at 3000 S 3rd St, Louisville, KY 40208
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8-Unit Apartment Building
Updated: Jul 21
8-Unit Apartment Building

3944 S 3rd St, Louisville, KY 40214

$625,000
4,944 sqft 0.12 AC lot
8‑unit apartment building with 1‑bedroom, 1‑bathroom layouts
4,944 square feet on a 0.12‑acre corner lot
Separately metered utilities for each unit
Off‑street parking plus on‑street parking availability
Access to the Watterson Expressway, Churchill Downs, fairgrounds, and U of L
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Renovated Five-Unit Apartment Building
Renovated Five-Unit Apartment Building

1475 S 3rd St, Louisville, KY 40208

$599,000
4,786 sqft

Historic brick-and-stone property with updated interiors, building systems, and laundry hookups.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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6-Unit Apartment Building
6-Unit Apartment Building

1155 S 28th St, Louisville, KY 40211

$699,900
7,959 sqft

Three-bedroom apartments feature separate gas and electric metering, with tenants responsible for those utilities.

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Six-Unit Apartment Building
Six-Unit Apartment Building

3217 Fordhaven Rd, Louisville, KY 40214

$500,000
5,270 sqft

Six matching apartments feature private laundry rooms, spacious kitchens, and practical living layouts.

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6-Unit Apartment Building
6-Unit Apartment Building

3409 Prestwood Dr, Louisville, KY 40219

$470,000
5,103 sqft 0.21 AC lot

Each residence has two bedrooms, one bath, laundry hookups, and an open living-dining area.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

1646 Beechwood Ave, Louisville, KY 40204

$1,079,900
6,909 sqft 0.16 AC lot

Updated multifamily property with separately metered gas and electric service.

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5-Unit Apartment Building with Basement Studio
5-Unit Apartment Building with Basement Studio

1936 Gardiner Ln, Louisville, KY 40205

$625,000
5,608 sqft

Fully occupied multifamily property with hardwood flooring, carpet, private finished basement areas, and laundry hookups.

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Brick Apartment Building Near University
Brick Apartment Building Near University

1703 S 4th St, Louisville, KY 40208

$419,000
4,323 sqft 0.08 AC lot

Three-story residential income property with updated apartments, retained appliances, and period architectural details.

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32-Unit Apartment Building
32-Unit Apartment Building

1122 Garvin Pl, Louisville, KY 40203

$2,599,000
17,404 sqft 0.48 AC lot

Concrete, block, and stucco construction includes balconies, basement space, and on-site laundry facilities.

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Six-Unit Multifamily Property
Six-Unit Multifamily Property

1456 S 4th St, Louisville, KY 40208

$699,000
7,233 sqft

Fully occupied apartment property with updated interiors, separately metered utilities, and on-site covered parking.

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Brick Apartment Building
Brick Apartment Building

1136 S 3rd St, Louisville, KY 40203

$1,000,000
11,174 sqft

Historic multifamily property with a basement, public utilities, and a combination of electric and natural gas heating.

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6-Unit Apartment Building
6-Unit Apartment Building

1721 Tempest Way, Louisville, KY 40216

$450,000
4,100 sqft

Fully occupied units feature updated flooring, washer/dryer hookups, and separate LG&E metering.

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11-Unit Brick Apartment Building
11-Unit Brick Apartment Building

1524 S 4th St, Louisville, KY 40208

$1,250,000
9,648 sqft 0.18 AC lot

Historic-district multifamily property near the University of Louisville’s Belknap Campus, with a mix of one- and three-bedroom residences.

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Five-Unit Apartment Building
Five-Unit Apartment Building

918 Ash St, Louisville, KY 40217

$490,000
3,540 sqft 0.14 AC lot

Four apartments have recent renovations, while a top-level unit remains unfinished for additional completion work.

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Seven-Unit Apartment Building
Seven-Unit Apartment Building

1642 Beechwood Ave, Louisville, KY 40204

$824,900
3,764 sqft

Apartment property with mixed one- and two-bedroom units, central air, and public utilities.

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14-Unit Apartment Building
14-Unit Apartment Building

3610 Del Park Terrace, Louisville, KY 40211

$1,050,000
9,824 sqft

One-bedroom units feature individual LG&E metering, with shared water and sewer service.

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9-Unit Apartment Building
9-Unit Apartment Building

1525 Anderson St, Louisville, KY 40210

$485,000
6,870 sqft 0.17 AC lot

Two-building multifamily property with separately metered utilities and a mix of townhouse and one-bedroom units.

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Three-Story Mixed-Use Property
Three-Story Mixed-Use Property

3000 S 3rd St, Louisville, KY 40208

$995,000
7,709 sqft

Corner-lot property combines a restaurant storefront with six remodeled apartment units and convenient access to major Louisville destinations.

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Occupied Eight-Unit Apartment Buildings
Occupied Eight-Unit Apartment Buildings

401 Marret Ave, Louisville, KY 40208

$600,000
11,276 sqft

Two occupied apartment buildings offer consistent one-bedroom, one-bathroom layouts with balcony and deck features.

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Five-Unit Apartment Building
Five-Unit Apartment Building

1475 S 3rd St, Louisville, KY 40208

$599,000
4,786 sqft

Renovated residences and upgraded building systems support an established multifamily asset in Historic Old Louisville.

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Five-Unit Brick Apartment Building
Five-Unit Brick Apartment Building

952 S 6th St, Louisville, KY 40203

$300,000
3,250 sqft 0.15 AC lot

Brick five-unit property with a replaced roof, ductless HVAC, and four cosmetically renovated units.

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8-Unit Apartment Building
8-Unit Apartment Building

401 Marret Ave, Louisville, KY 40208

$600,000
11,276 sqft

Two-building multifamily property with occupied one-bedroom residences and established rental operations.

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5-Unit Brick Apartment Building
5-Unit Brick Apartment Building

2730 S 4th St, Louisville, KY 40208

$369,900
3,440 sqft

Fully occupied multifamily property with renovated interiors and public water and sewer service.

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Louisville, KY Apartment Buildings Market Trends and Statistics

Explore 86 apartment buildings for sale in Louisville, KY, showcased through 86 active listings on our real estate platform. These investment opportunities span a total of 1,006,687 square feet of properties for sale, with an estimated market value of $85,460,834.

Sale prices for apartment complexes in Louisville, KY start at $295,000, averaging $1,139,477, and reaching up to $9,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 766K
Population Growth (5Y) +4.3%
Median Household Income $70,176
College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Louisville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40202 $295K
40272 $295K
40299 $300K
40216 $450K
40219 $470K

Taxes & Financing

Tax Rate (average for all types) 1.23%
Property Tax per SF $13.35 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jefferson County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Jefferson County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Louisville fall within the 100,000+ square foot range.

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