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11-Unit Apartment Building
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1010 S 3rd St, Louisville, KY 40203

Redevelopment-ready multifamily property with completed interior demolition, upgraded building systems, and TNZD zoning.

Property Size10,751 SF
Lot Size0.22 Acres
Days on Market109

Property Features for 1010 S 3rd St

General Information

Standard status Active
Size 10,751 SF
Total Parking Spaces 10
Lot size 0.22 Acres
Property subtype Multifamily
Zoning TNZD

Units

Unit Mix 8 x efficiencies, 3 x 4BR/4BA
Multifamily Units 11

Additional Details

Utilities to Site Yes

Amenities

10 Parking Spaces

Building Details

Buildings 1
Listing Agency: The Menish Group Auction & Real Estate
Listed By: Bill Menish
Source: Kcrea.resimplifi
Added: May 15 Changed: Aug 28 Last Checked: Aug 31 at 1:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Menish Group Auction & Real Estate

Investment Insights

Based on property information with market context.

This multifamily property contains 10,751 square feet on 0.22 acres and is approved for 11 units. The planned configuration includes 8 efficiencies and 3 four-bedroom, four-bath units. Interior demolition has been completed, and the building has received new windows, an 800-amp electrical service, and upgraded plumbing serving the basement and first floor.

Located at 1010 S 3rd St in Louisville, the property is positioned near Downtown Louisville and is zoned TNZD. Its existing unit approval, partially completed building work, and residential scale provide a defined framework for continued redevelopment.

Key Highlights

  • 10,751‑square‑foot multifamily building on 0.22 acres
  • Approved for 11 units: 8 efficiencies and 3 four‑bedroom, four‑bath units
  • Interior demolition has been completed

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Travel Agency Home Appliance Store Discount Store (Bike/Boat/Book/etc) Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,547
Businesses Nearby

Demographics for 40203, KY

16,801
Population
10,754
Households
1.6
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
5,793
Density / Sq Mi
$31,430
Median Household Income
$32,581
Median Earnings
$828
Median Rent
$179,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Redevelopment-ready multifamily property with completed interior demolition, upgraded building systems, and TNZD zoning.
Where is this apartment building located?
The property is located at 1010 S 3rd St Louisville, KY.
What are key features of this property?
This property features: 10,751‑square‑foot multifamily building on 0.22 acres; Approved for 11 units: 8 efficiencies and 3 four‑bedroom, four‑bath units; Interior demolition has been completed
More about this property
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