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Three-Unit Townhouse-Style Property
New
For Sale
$140,000

225 3rd Street, Louisa, KY 41230

Commercial Sale, Louisa, KY

Property Size3,414 SF
Lot Size0.23 Acres
Price / SF$41.01
Days on Market3

Property Features for 225 3rd Street

General Information

Property type Commercial Sale
Property subtype Other
High school Lawrence County
Directions From US 23 take 2565 Go past Wendy's travel 2565 to Locust Street, turn left onto 3rd street apartments are on the right. Apartment numbers are 16,17, & 18
Subdivision Lawrence
Standard status Active
Size 3,414 SF
Lot size 0.23 Acres

Building Details

Year built 1988
Listing Agency: Re/Max Legacy Group-Paintsville
Listed By: Priscella Amburgey · License #217169
Added: Aug 21 Last Checked: Aug 23 at 7:06AM
MLS# 129185

Copyright © 2026 Eastern Kentucky 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.

Built in 1988, this 3,414-square-foot property contains three townhouse-style apartments. The units have updated HVAC systems, and the property is offered in its existing condition without warranties expressed or implied.

One apartment is occupied under a lease, while the remaining two are rented on a month-to-month basis. The property occupies 0.23 acres at 225 3rd Street in Louisa, Kentucky, within ZIP Code 41230. HUD approval is noted for the property.

Key Highlights

  • Three townhouse‑style apartments in a 3,414‑square‑foot property
  • Updated HVAC systems serving the units
  • One apartment has a lease; two are rented month to month

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency Locksmith Storage Facility Gym & Fitness Center Grocery & Convenience 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby

Demographics for 41230, KY

12,670
Population
5,621
Households
2.3
Avg Household Size
42
Median Age
15%
College-Educated
82%
High-School Grad
231.9 sq mi
ZIP Area
55
Density / Sq Mi
$45,240
Median Household Income
$31,995
Median Earnings
$750
Median Rent
$110,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - HUD-approved residential property with updated HVAC systems and a mix of lease arrangements.
Where is this triplex located?
The property is located at 225 3rd Street Louisa, KY.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Three townhouse‑style apartments in a 3,414‑square‑foot property; Updated HVAC systems serving the units; One apartment has a lease; two are rented month to month
More about this property
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