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Renovated 10-Unit Multifamily Building
For Sale
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1018 S THIRD ST, Louisville, KY 40203

Three-story, 10-unit multifamily property with renovated interiors and systems, 100% occupied, offered for sale.

Property Size5,788 SF
Lot Size0.22 Acres
Days on Market113

Property Features for 1018 S THIRD ST

General Information

Standard status Active
Size 5,788 SF
Lot size 0.22 Acres
Property subtype Multifamily
Zoning TNZD
Occupancy 100%

Additional Details

Multifamily Units 10

Building Details

Year Built 1880
Stories 3
Units 8
Tenancy Multi
Listing Agency: The Menish Group
Listed By: Alex Lanham · License #KY 281423
Source: Crexi
Added: May 16 Changed: Aug 23 Last Checked: Sep 2 at 10:02AM

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.

This three-story multifamily property contains 10 units and approximately 7,900 square feet. The building is 100% occupied. Unit renovations include new windows, exterior paint, upgraded electrical and plumbing, updated flooring and interior paint, new cabinets and countertops, and new appliances.

The property is located at 1018 S THIRD ST in Louisville, Kentucky, and is zoned TNZD. It sits within an established urban corridor.

With 10 rental units within a single building, the asset is configured as an income-producing residential property and is being marketed with an online un-published reserve auction process. Auction begins to close Thursday, June 11th, 2026 at 4:00 PM.

Key Highlights

  • Three‑story 10‑unit multifamily property with approximately 7,900 SF on 0.22 acres in Louisville, KY (Year Built 1880).
  • 100% occupied with 10 units—fully leased at the time of listing.
  • All units renovated with new windows, exterior paint, upgraded electric and plumbing, flooring, interior paint, cabinets and countertops, and appliances.

Property Analytics

Current Use

Butch's Place Parking Lot & Garage

Suggested Use

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

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

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,727
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 - Three-story, 10-unit multifamily property with renovated interiors and systems, 100% occupied, offered for sale.
Where is this apartment building located?
The property is located at 1018 S THIRD ST Louisville, KY.
What are key features of this property?
This property features: Three‑story 10‑unit multifamily property with approximately 7,900 SF on 0.22 acres in Louisville, KY (Year Built 1880).; 100% occupied with 10 units—fully leased at the time of listing.; All units renovated with new windows, exterior paint, upgraded electric and plumbing, flooring, interior paint, cabinets and countertops, and appliances.
More about this property
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