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9-Unit Apartment Building
For Sale
$485,000

1525 Anderson St, Louisville, KY 40210

Multi Family, Louisville, KY

Property Size6,870 SF
Lot Size0.17 Acres
Price / SF$70.60
Days on Market136

Property Features for 1525 Anderson St

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 15
Bathrooms 15
Full bathrooms 15
Rooms Bedroom 15, Bedroom 4, Bathroom 7, Bathroom 4, Bathroom 12, Bedroom 10, Bedroom 6, Bathroom 2, Bedroom 8, Bedroom 1, Bathroom 9, Bathroom 10, Bedroom 9, Bathroom 3, Bathroom 14, Bathroom 15, Basement, Bathroom 5, Bedroom 14, Bedroom 11, Bathroom 8, Bedroom 3, Bathroom 6, Bedroom 5, Bedroom 7, Bathroom 13, Bedroom 2, Bathroom 1, Bedroom 13, Bathroom 11, Bedroom 12
Patio and Porch features Patio, Porch
Lot features Corner Lot
Directions Take I-64 W to Broadway then to S 16th St, then left on Anderson St.
Subdivision 01-Dtwn Old Louisville/Shively/West Lou
Standard status Active
APN 036D00960000
Size 6,870 SF
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1925
Number of units 9
Building materials Vinyl Siding, Wood Frame, Brick
Roof type Shingle
Listing Agency: BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
Listed By: Kiara A Harriott · License #274248
Added: Jun 2 Changed: Oct 8 Last Checked: Oct 15 at 8:06AM
MLS# 1719221

Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 9-unit apartment property at 1525 Anderson St. comprises two buildings totaling 6,870 square feet on 0.17 acres. The larger structure contains six two-bedroom townhouse units, while the second building provides three one-bedroom units. Utility arrangements include separate metering for gas, electric, and water in the townhouse building, with individual electric and gas meters serving the one-bedroom units.

Built in 1925, the property has wood-frame construction with vinyl siding and brick, shingle roofing, forced-air heat, central air, porches, patios, public water, and public sewer. The asset is located in Louisville near Dixie Hwy and Broadway, where a new Wal-Mart is planned. New single-family construction has also occurred within the surrounding 2- to 3-block area.

Key Highlights

  • 9 units across two buildings
  • Six 2‑bedroom townhouse units and three 1‑bedroom units
  • 6,870 square feet on 0.17 acres

Property Analytics

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Current Use

Apartment buildings

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
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 multifamily property with separately metered utilities and a mix of townhouse and one-bedroom units.
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: 9 units across two buildings; Six 2‑bedroom townhouse units and three 1‑bedroom units; 6,870 square feet on 0.17 acres
More about this property
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