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Five-Unit Apartment Building
For Sale
$350,000

624 W Saint Catherine St, Louisville, KY 40203

The building includes varied residential layouts, a boiler heating system, and separately metered electric.

Property Size4,785 SF
Price / SF$73.15
Days on Market42

Property Features for 624 W Saint Catherine St

General Information

Standard status Active
Size 4,785 SF
Property subtype Multi-Family

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR, 3 x 1BR, 1 x studio w/office area
Multifamily Units 5

Building Details

Year Built 1890
Buildings 1
Listing Agency: Exit Realty Home Front
Listed By: Louise B Venettozzi · License #247851
Source: Familyrealty
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 29 at 5:29PM

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 Exit Realty Home Front

Investment Insights

Based on property information with market context.

This 4,785-square-foot apartment building was constructed in 1890 and contains five residential units: one two-bedroom, three one-bedroom apartments, and a studio with an office area. Unit 1 has been renovated, while the property is heated by a boiler and served by one water heater. Window units are available for four apartments. Electric service is separately metered, and the owner provides refrigerators and ranges in the units.

The property occupies the corner of W Saint Catherine Street and S 7th Street in Louisville. On-street parking serves the building, and a visible sign from the property's former pharmacy use remains in place. The rear one-bedroom apartment is leased for one year, while the other units include month-to-month arrangements. Showings require at least 48 hours' written notice to tenants and attendance by the listing agent.

Key Highlights

  • Five units with one 2BR, three 1BRs, and one studio with office area
  • 4,785 SF apartment building constructed in 1890
  • Unit #1 recently renovated

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Travel Agency HVAC Service Home Appliance Store Discount Store (Bike/Boat/Book/etc) Store

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

5
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,457
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?
Apartment building - The building includes varied residential layouts, a boiler heating system, and separately metered electric.
Where is this apartment building located?
The property is located at 624 W Saint Catherine St Louisville, KY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Five units with one 2BR, three 1BRs, and one studio with office area; 4,785 SF apartment building constructed in 1890; Unit #1 recently renovated
More about this property
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