Louisville Multifamily Building Value-Add
1014 S THIRD ST Louisville, KY 40203
1014 S THIRD ST, Louisville, KY, 40203
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For Sale
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Three-story, 14-unit multifamily building in Louisville, Kentucky.
Property Size6,954 SF
Lot Size0.21 Acres
Days on Market65
Property Features for 1014 S THIRD ST
General Information
- Standard status
- Active
- Size
- 6,954 SF
- Lot size
- 0.21 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1880
Listing Agency
The Menish Group
Listed by
Alex Lanham · License #KY 281423
Source
Crexi
Added: May 16 Checked: Jul 17 at 1:25 pm
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
Investment Insights
Based on property information with market context.
A three-story multifamily building, totaling approximately 6,954 square feet, is available for purchase in Louisville, Kentucky. Situated on 0.21 acres, the property contains 14 units, with 71% occupancy. Four units have been recently renovated and are rent-ready. All units have been renovated with new windows, exterior paint, upgraded electric and plumbing, flooring, interior paint, cabinets and countertops, and appliances. Zoned TNZD, the property presents a value-add residential opportunity within an established urban submarket. Located along South 3rd Street, the property provides convenient access to Downtown Louisville, major transportation corridors, and nearby redevelopment growth throughout the area. The property will be offered through an online un-published reserve auction, scheduled to begin closing on Thursday, June 25th, 2026, at 4:00 PM.
Key Highlights
- 14‑unit multi‑family building with value‑add potential through increased rents.
- 4 recently renovated, rent‑ready units.
- All units renovated with new windows, exterior paint, upgraded electric and plumbing, flooring, interior paint, cabinets and countertops, and appliances.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isbell Apartments
Apartment Building
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FAQs
What type of property is this?
Apartment building - Three-story, 14-unit multifamily building in Louisville, Kentucky.
Where is this apartment building located?
The property is located at 1014 S THIRD ST Louisville, KY.
What are key features of this property?
This property features: 14‑unit multi‑family building with value‑add potential through increased rents.; **4 recently renovated, rent‑ready units.**; All units renovated with new windows, exterior paint, upgraded electric and plumbing, flooring, interior paint, cabinets and countertops, and appliances.