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Mixed-Use Building with Retail
For Sale
$350,000

1824 Griffiths Ave, Louisville, KY 40203

Fully leased property combines a flexible commercial floor with three residential units and a vacant lot across the street.

Property Size5,214 SF
Price / SF$67.13
Days on Market289

Property Features for 1824 Griffiths Ave

General Information

Standard status Active
Size 5,214 SF
Property subtype Multifamily
Zoning CR
Occupancy 100%

Additional Details

Multifamily Units 3

Amenities

vacant lot across the street for parking or future expansion
Water
Sewer

Building Details

Year Built 1880
Buildings 1
Stories 2
Listing Agency: Semonin Realtors
Listed By: Latonia Isenberg · License #202342
Source: Kcrea.resimplifi
Added: Nov 15, 2025 Changed: Aug 30 Last Checked: Aug 30 at 10:29PM

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 Semonin Realtors

Investment Insights

Based on property information with market context.

This mixed-use property includes approximately 5,214 square feet of heated space and a 1,550-square-foot basement. The first floor is configured as a large retail or commercial area with a flexible layout, while the second floor contains three residential units. The building was constructed in 1880 and is identified with CR zoning.

The property encompasses 1824 and 1825 Griffiths Ave and 311 N 19th St in Louisville. A separate 0.047-acre vacant lot at 1825 Griffiths Ave is located across the street. The property is fully leased, and showings require tenant coordination with 48 hours' notice. Financial and lease documents require execution of a non-disclosure form before release.

Key Highlights

  • Approximately 5,214 SF of heated building area plus a 1,550 SF basement
  • First‑floor retail/commercial space with a flexible layout
  • Three residential units occupy the second floor

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Skin Care Clinic Garden Center Real Estate Agency (Bike/Boat/Book/etc) Store Butcher

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

813
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?
Mixed-use property - Fully leased property combines a flexible commercial floor with three residential units and a vacant lot across the street.
Where is this mixed-use property located?
The property is located at 1824 Griffiths Ave 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: Approximately 5,214 SF of heated building area plus a 1,550 SF basement; First‑floor retail/commercial space with a flexible layout; Three residential units occupy the second floor
More about this property
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