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    2829 S 3Rd St Louisville, KY 40208

    For Sale
    $450,000

    MULTI_FAMILY - Louisville, KY

    Property size:
    3,376 SF
    Lot size:
    0.12 Acres
    Days on Market:
    107
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 2829 S 3Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 2
    Bedrooms
    7
    Bathrooms
    3
    APN
    055B00340000
    Size
    3,376 SF
    Lot size
    0.12 Acres

    Utilities

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

    Building Details

    Year built
    1899
    Number of units
    3
    Building materials
    Brick
    Roof type
    Shingle

    Redfin Corporation (502) 220-1829 [email protected]

    Listing agent John Brace (502) 251-7147

    Listing date Aug 23, 2025

    MLS# 1696212 Listing URL

    Overview

    Income-Producing Triplex Near Churchill Downs

    This income-producing triplex, located at 2829 S 3rd Street in Louisville, KY, offers three rentable units. The main building contains two units, each featuring 3 bedrooms and 1 bath. A carriage house provides a 1-bedroom, 1-bath setup. Each unit is separately metered. The property is situated near Churchill Downs, the University of Louisville, L&N Stadium, downtown offices, and the Kentucky Expo Center. The property size is 3376 square feet and the lot size is 0.12 acres. This property is suitable for both investors and owner-occupants, offering the opportunity to live in one unit while renting the others. The property has a low-rate assumable loan.
    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 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
    -85.76301
    Latitude
    38.207727

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    FAQs

    What type of property is this?
    Triplex - Income-generating triplex with assumable loan near key Louisville locations.
    Where is this triplex located?
    The property is located at 2829 S 3Rd St Louisville, KY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Assumable low-rate loan; - Income-producing triplex; - Prime location near Churchill Downs, University of Louisville, L&N Stadium, downtown, and Kentucky Expo Center
    (502) 251-7147
    Request Owner's contact information
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    Louisville, KY 40208
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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
    2829 S 3Rd St Louisville, KY 40208
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