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    320 E College St Louisville, KY 40203

    Sponsored
    For Sale
    $670,000

    MULTI_FAMILY - Other - Louisville, KY

    Type:Apartment
    Property size:
    3,731 SF
    Lot size:
    0.13 Acres
    Days on Market:
    25
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 320 E College St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 6, Bathroom 5, Bathroom 7, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 10, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 6, Bedroom 9, Bedroom 8, Bedroom 5
    Bedrooms
    10
    Bathrooms
    7
    APN
    030D00560000
    Size
    3,731 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1870
    Number of units
    10
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

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

    Listing agent James Brown (502) 384-5944

    Listing date Dec 12, 2025

    MLS# 1699583 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

    Louisville Commercially Zoned Rental Property

    Located in Louisville, this commercially zoned property at 320 E College St is currently operating as a mid-term rental, primarily catering to travel nurses and professionals. The zoning also allows for short-term rental use, presenting opportunities for Airbnb/VRBO operators. The property spans 3731 square feet on a 0.13-acre lot and features multiple bedrooms and baths within a spacious, historic layout. Modern updates and furnished interiors enhance the property. Its location provides proximity to downtown, the University of Louisville (UofL), medical centers, and entertainment venues. This property is a turnkey, income-producing asset suitable for continuing the existing mid-term model or repositioning for short-term rentals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Dental Office Law Firm Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.749174
    Latitude
    38.242259

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    FAQs

    What type of property is this?
    Apartment building - Commercially zoned rental property in Louisville, operating as mid-term rental.
    Where is this apartment building located?
    The property is located at 320 E College St Louisville, KY.
    What is the asking price?
    The asking price for this property is $670,000.
    What are key features of this property?
    This property features: - Prime location close to downtown Louisville, UofL, medical centers, and entertainment.; - Commercially zoned allowing for mid-term and short-term rental opportunities.; - Turnkey and income-producing, currently operating as a successful mid-term rental with furnished interiors.
    (502) 889-0122
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    320 E College St Louisville, KY 40203
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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
    320 E College St Louisville, KY 40203
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