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    1273 S Preston St Louisville, KY 40203

    Sponsored
    For Sale
    $299,900

    MULTI_FAMILY - Other - Louisville, KY

    Property size:
    2,510 SF
    Lot size:
    0.11 Acres
    Days on Market:
    27
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1273 S Preston St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
    Bedrooms
    4
    Bathrooms
    2
    APN
    09023D00380000
    Patio and Porch features
    Porch
    Size
    2,510 SF
    Lot size
    0.11 Acres

    Utilities

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

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    Premier Real Estate Services (502) 384-5944 [email protected]

    Listing agent Sean S Williams

    Listing date Dec 10, 2025

    MLS# 1701340 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

    Rare Zoned Duplex Money Maker

    This duplex is located minutes from Germantown, the University of Louisville, I-65, downtown hospitals, and the convention center. The surrounding neighborhood is undergoing revitalization with new construction and renovation projects. Each of the two units features 2 bedrooms and 1 bathroom, with approximately 1,250 square feet of living space. Interior features include granite countertops, contemporary cabinetry, and laundry hookups. Each unit has separate utility meters. Updates include a newer roof, HVAC, and water heaters, all approximately 3 years old, as well as replacement windows and updated siding. Unit 1 is currently rented for $1,200 per month on a month-to-month lease. Unit 2 is market-ready and has a potential rental income of $1,250 or $1,500 to $3,000+ as a mid-term or short-term rental. An unfinished third-floor attic provides additional storage or expansion potential. Rear off-street parking adds convenience. The property is zoned OR-2, offering flexibility for long, mid, or short-term rentals, student housing, or owner-occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.749749
    Latitude
    38.231435

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    FAQs

    What type of property is this?
    Duplex - Income-generating duplex near Germantown, UofL, and downtown Louisville.
    Where is this duplex located?
    The property is located at 1273 S Preston St Louisville, KY.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - OR-2 zoning offers flexible rental options or owner occupancy.; - Prime location near Germantown, UofL, I-65, downtown hospitals, and the convention center.; - Recent major updates include newer roof, HVAC, water heaters, replacement windows, and updated siding.
    (502) 384-5944
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    Louisville, KY 40203
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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
    1273 S Preston St Louisville, KY 40203
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