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18-Unit Apartment Building
For Sale
Contact for pricing
Pending

1500 S 2nd St, Louisville, KY 40208

Multifamily property with renovated units, private entries, outdoor spaces, and dedicated off-street parking near UofL.

Property SizeContact for details
Days on Market145

Property Features for 1500 S 2nd St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 6 x 3BR/2BA, 12 x 2BR/1.5BA
Multifamily Units 18

Additional Details

Sprinkler System Yes

Amenities

W/D hookup
two entrances
patio or porch
separate HVAC and water heaters

Building Details

Buildings 1
Listing Agency: Colliers
Listed By: Jenny Johnston · License #KY 246944
Source: Crexi
Added: Apr 12 Changed: Sep 3 Last Checked: Sep 2 at 3:55PM

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 Colliers

Investment Insights

Based on property information with market context.

This 18-unit apartment property in Old Louisville offers a mix of six 3BR/2BA residences and twelve 2BR/1.5BA townhome-style units. Most apartments have been renovated, and each residence includes a washer and dryer hookup, two entrances, and either a patio or porch. Separate HVAC equipment and water heaters serve every unit, while the building is fully sprinklered.

The property occupies the corner of 2nd and Hill Streets, minutes from UofL, with dedicated off-street parking for residents. Each unit is separately metered for LGE. Roof replacement is currently in progress, adding an active capital improvement to the property’s existing apartment infrastructure.

Key Highlights

  • 18 units: six 3BR/2BA apartments and twelve 2BR/1.5BA townhome‑style units
  • Most units have undergone recent renovations
  • Dedicated off‑street parking at the Old Louisville property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Nail Salon Pharmacy Skin Care Clinic (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

18
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

885
Businesses Nearby

Demographics for 40208, KY

17,048
Population
6,675
Households
2.6
Avg Household Size
27
Median Age
34%
College-Educated
88%
High-School Grad
2.6 sq mi
ZIP Area
6,557
Density / Sq Mi
$37,714
Median Household Income
$17,255
Median Earnings
$914
Median Rent
$153,100
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 - Multifamily property with renovated units, private entries, outdoor spaces, and dedicated off-street parking near UofL.
Where is this apartment building located?
The property is located at 1500 S 2nd St Louisville, KY.
What are key features of this property?
This property features: 18 units: six 3BR/2BA apartments and twelve 2BR/1.5BA townhome‑style units; Most units have undergone recent renovations; Dedicated off‑street parking at the Old Louisville property
(502) 645-1729 Call to check price and availability
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