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Apartment Buildings with Mixed Unit Types
For Sale
$485,000

1525 Anderson St, Louisville, KY 40210

Two-building rental property combines a triplex with six townhomes and includes a cellar and shared laundry room.

Property Size6,870 SF
Price / SF$70.60
Days on Market54

Property Features for 1525 Anderson St

General Information

Standard status Active
Size 6,870 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 9

Building Details

Year Built 1925
Buildings 2
Listing Agency: BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
Listed By: Kiara A Harriott · License #269360
Source: Familyrealty
Added: Jul 10 Changed: Aug 30 Last Checked: Aug 31 at 7:35PM

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 BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors

Investment Insights

Based on property information with market context.

This multifamily property includes two separate buildings with nine residential units. The first is a triplex arranged with two ground-floor units and one upper-level unit, along with a cellar and a laundry room serving the downstairs unit. The second building contains six townhomes on a corner parcel, with two residences fronting Anderson Street and four located on S. 16th St. The property was built in 1925 and has 6,870 square feet.

Occupancy varies across the buildings. Two triplex units are occupied, while the upper unit is expected to become vacant soon. Among the townhomes, three are occupied, two are vacant, and another vacancy is anticipated. The owner pays water and trash for the triplex; trash is the owner’s responsibility for the townhomes.

Key Highlights

  • Two‑building multifamily property with 9 residential units
  • Triplex includes 2 first‑floor units, 1 upstairs unit, a cellar, and 1 laundry room
  • Six townhomes occupy a corner parcel, with 2 on Anderson Street and 4 on S. 16th St.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Gym & Fitness Center Garden Center Carpet & Flooring Store Storage Facility

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

756
Businesses Nearby

Demographics for 40210, KY

14,418
Population
7,137
Households
2
Avg Household Size
36
Median Age
10%
College-Educated
81%
High-School Grad
3.2 sq mi
ZIP Area
4,506
Density / Sq Mi
$35,841
Median Household Income
$23,881
Median Earnings
$822
Median Rent
$93,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building rental property combines a triplex with six townhomes and includes a cellar and shared laundry room.
Where is this apartment building located?
The property is located at 1525 Anderson St Louisville, KY.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two‑building multifamily property with 9 residential units; Triplex includes 2 first‑floor units, 1 upstairs unit, a cellar, and 1 laundry room; Six townhomes occupy a corner parcel, with 2 on Anderson Street and 4 on S. 16th St.
More about this property
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