12-Unit Brick Studio Apartment
For Sale
Contact for pricing
Pending
1221 S 3rd St, Louisville, KY 40203
Separately metered studios feature individual heating, cooling, and water-heating systems.
Property SizeContact for details
Days on Market146
Property Features for 1221 S 3rd St
General Information
Standard status
Pending
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
12 x studio
Multifamily Units
12
Building Details
Construction
brick
Listing Agency:
RE/MAX Premier Properties
Listed By:
Zachary Pitts · License #KY 263016
(502) 384-5944
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 6:00PM
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 RE/MAX Premier Properties
Investment Insights
Based on property information with market context.
This brick apartment building contains 12 studio units, each separately metered and equipped with its own furnace, central air, and water heater. Many of the mechanical systems have been replaced with newer models over the last few years. The property also provides paved off-street parking.
Located at 1221 S 3rd St in Louisville, the building sits in Old Louisville between East Oak Street and East Ormsby. The property is near the University of Louisville, the hospital complex, downtown entertainment venues, interstate access, and a bus line.
Located at 1221 S 3rd St in Louisville, the building sits in Old Louisville between East Oak Street and East Ormsby. The property is near the University of Louisville, the hospital complex, downtown entertainment venues, interstate access, and a bus line.
Key Highlights
- 12 studio apartments in a brick building
- Each unit has its own furnace, central air, and water heater
- Separately metered units
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,439
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Separately metered studios feature individual heating, cooling, and water-heating systems.
Where is this apartment building located?
The property is located at 1221 S 3rd St Louisville, KY.
What are key features of this property?
This property features: 12 studio apartments in a brick building; Each unit has its own furnace, central air, and water heater; Separately metered units
