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    1014 Schiller Ave Louisville, KY 40204

    New
    For Sale
    $349,700

    MULTI_FAMILY - Louisville, KY

    Property size:
    2,311 SF
    Lot size:
    0.09 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 1014 Schiller Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    APN
    022J00840000
    Size
    2,311 SF
    Lot size
    0.09 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    3
    Building materials
    Vinyl Siding, Wood Frame, Brick Veneer
    Roof type
    Shingle

    eXp Realty (888) 624-6448 [email protected]

    Listing agent Mollie Younger Noe (502) 727-9548

    Listing date Dec 3, 2025

    MLS# 1703716 Listing URL

    Copyright © 2025 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Germantown Triplex: Rental Upside Potential

    Located in the Germantown area of Louisville, this property at 1014 Schiller Avenue features a triplex with three separately metered units, each equipped with in-unit laundry. Constructed in 1900, the building retains historic charm while offering potential for increased value. The property has a newer roof and HVAC updates in one of the apartments. Two units have been updated within the past 10 years and are currently rented for $935 and $975, while the third unit has a long-term tenant of 20 years with a rent of $675 per month. The property is situated on a 0.09-acre lot and has a building size of 2311 square feet. The zoning allows for various options, including mixed-use, short-term rentals, or redevelopment into modern urban row-style townhomes. The location offers strong walkability and excellent visibility, near restaurants, coffee shops, and local hotspots. The property presents an investment opportunity in one of the city's strongest rental corridors, offering both current cash flow and future upside.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.731869
    Latitude
    38.234653

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in Louisville's rental corridor with value-add potential.
    Where is this triplex located?
    The property is located at 1014 Schiller Ave Louisville, KY.
    What is the asking price?
    The asking price for this property is $349,700.
    What are key features of this property?
    This property features: - Significant value-add potential: below-market rents offer substantial upside.; - Prime Germantown location: situated in a high-demand rental corridor, close to restaurants and local hotspots.; - Flexible zoning allows for various options, including mixed-use or redevelopment.
    (502) 727-9548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1014 Schiller Ave Louisville, KY 40204
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