Louisville Multifamily Repositioning
1010 South 3rd Street, Louisville, KY 40203
Multifamily property in Louisville, Kentucky, approved for 11 units.
Type:Multifamily
Property size:
10,751 SFLot size:
0.22 Acres- Added:
- May 16, 2026
- Days on Market:
- 11
- Last Refresh:
- May 16 at 8:51 pm
Property Features for 1010 South 3rd Street
General Information
- Standard status
- Active
- Size
- 10,751 SF
- Lot size
- 0.22 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1880
Listing agent Alex Lanham License #KY 281423
Listing office The Menish Group
Listing date May 16, 2026
Source Crexi
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
HighLights
- Approved for 11 units, featuring 8 efficiencies and 3 large 4BR/4BA units, with subleasing potential up to 20 units.
- Prime 10,751 sq ft multi‑family property on 0.22 acres in Louisville, Kentucky.
- New 800 amp electrical service and upgraded plumbing installed from the street throughout the building.
- Interior demolition completed and new windows installed.
- Zoned TNZD, offering significant upside potential for repositioning or redevelopment.
- Proximity to Downtown Louisville in a growing corridor.
Overview
This 10,751 square foot multi-family property is situated on 0.22 acres in Louisville, Kentucky. It is approved for 11 units, including 8 efficiencies and 3 large 4-bedroom, 4-bathroom units. There is potential for 20 units in this building using subleasing of the large units. Interior demolition has been completed. New windows have been installed, along with a new 800 amp service from the street that has been installed and run throughout the building. New upgraded plumbing from the street has been installed and run through the basement and first floor. Zoned TNZD, this larger-scale residential asset offers significant upside potential for investors, developers, or owner-operators seeking repositioning or redevelopment opportunities. Its scale, urban location, and proximity to Downtown Louisville make it well positioned for a variety of residential investment strategies within a growing corridor. The auction is scheduled to begin closing on Thursday, July 2nd, 2026 at 4:00 PM.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7759985
- Latitude
- 38.1459476
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Multifamily property in Louisville, Kentucky, approved for 11 units.
Where is this apartment building located?
The property is located at 1010 South 3rd Street Louisville, KY.
What are key features of this property?
This property features: Approved for 11 units, featuring 8 efficiencies and 3 large 4BR/4BA units, with subleasing potential up to 20 units.; Prime 10,751 sq ft multi‑family property on 0.22 acres in Louisville, Kentucky.; New 800 amp electrical service and upgraded plumbing installed from the street throughout the building.
