Multifamily Asset in Old
1225 S 6th St, Louisville, KY 40203
16-unit multifamily property with hybrid business model in Louisville.
Type:Multifamily
- Added:
- May 22, 2026
- Days on Market:
- 13
- Last Refresh:
- May 27 at 8:20 am
Property Features for 1225 S 6th St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing agent David Badgett License #215224
Listing office Marcus & Millichap - Louisville
Listing date May 22, 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 Marcus & Millichap - Louisville
HighLights
- Fully stabilized, income‑producing 16‑unit multifamily asset.
- Proven hybrid business model with furnished mid‑term rentals and traditional long‑term leases.
- Achieve a 34%+ rent premium through furnished units catering to travel nurses, academics, and contract workers.
- Located in the Old Louisville submarket, benefiting from an undersupplied rental market and a Walk Score of 80+.
- Rare amenity of 19 dedicated off‑street parking spaces.
- High occupancy rate of 95% with exceptional operational history.
Overview
The Flats on Sixth, located at 1225 South 6th Street in Louisville, Kentucky, is a 16-unit multifamily asset. The property offers a stabilized, income-producing asset with a hybrid business model. The property is positioned in the Old Louisville submarket, midway between Downtown Louisville and the University of Louisville. The Flats on Sixth consists of 8 studios and 8 one-bedroom units across a historic 1900 brick main building and a 1973 addition. The property delivers a diversified revenue profile through a blend of furnished mid-term rentals and traditional long-term leases. Furnished units are individually designed and cater to travel nurses, academics, and contract workers, commanding a 34%+ rent premium over unfurnished units. Long-term leases anchored by rigorous tenant screening provide occupancy stability and income predictability. The property benefits from an undersupplied urban rental market with a Walk Score of 80+. The inclusion of 19 dedicated off-street parking spaces on an adjoining lot represents a rare amenity within the neighborhood. The Flats on Sixth has maintained 95% occupancy. This property is located in an Opportunity Zone.
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7634626
- Latitude
- 38.2342902
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FAQs
What type of property is this?
Apartment building - 16-unit multifamily property with hybrid business model in Louisville.
Where is this apartment building located?
The property is located at 1225 S 6th St Louisville, KY.
What is the asking price?
The asking price for this property is $1,360,000.
What are key features of this property?
This property features: Fully stabilized, income‑producing 16‑unit multifamily asset.; Proven hybrid business model with furnished mid‑term rentals and traditional long‑term leases.; Achieve a 34%+ rent premium through furnished units catering to travel nurses, academics, and contract workers.
