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Multifamily Income Property with Rear Deck
For Sale
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1143 S 1st St, Louisville, KY 40203

Separately metered multifamily with 8 bedrooms, 5 full bathrooms, a large rear deck, and on/off-street parking.

Property Size6,968 SF
Lot Size0.33 Acres
Price / SF$68.89
Days on Market124

Property Features for 1143 S 1st St

General Information

Standard status Active
Size 6,968 SF
Class C
Total Parking Spaces 6
Lot size 0.33 Acres
Property subtype Multifamily, Hospitality, Special Purpose
Zoning Traditional Neighborhood Zoning District
Occupancy 100%
Lease Type Net
Investment Type Stabilized

Amenities

large rear deck
on and off street parking

Building Details

Year Built 1900
Stories 3
Listing Agency: simpler.realestate
Listed By: Russell Spencer · License #194125
Source: Crexi
Added: May 7 Changed: Aug 22 Last Checked: Sep 6 at 2:45AM

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 simpler.realestate

Investment Insights

Based on property information with market context.

This income multifamily property offers separately metered units and includes 8 bedrooms and 5 full bathrooms. Usable or rentable space is reported at over 6,000 square feet, and the home has recently added a large rear deck. Parking is available on both sides of the property, with on-street and off-street options.

The property is approximately one mile from the University of Louisville and sits on about one-third of an acre. It is fully leased at $4,100 per month, and there is no sign on the property. Please contact the listing agent for details and showing instructions; a 48-hour notice to tenants may be required. The seller is an owner/real estate agent.

Key Highlights

  • Separately metered multifamily with 8 bedrooms and 5 full bathrooms
  • Over 6,000 sq. ft. of usable or rentable space
  • Fully leased at $4,100 per month (tenants on site—do not disturb)

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Travel Agency Pet Store Pet Store & Service 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.

Location Intelligence

Trade Area within ½ mile

1,410
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Separately metered multifamily with 8 bedrooms, 5 full bathrooms, a large rear deck, and on/off-street parking.
Where is this multifamily property located?
The property is located at 1143 S 1st St Louisville, KY.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Separately metered multifamily with 8 bedrooms and 5 full bathrooms; Over 6,000 sq. ft. of usable or rentable space; Fully leased at $4,100 per month (tenants on site—do not disturb)
(502) 419-5916 Call to check price and availability
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