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Two-Story Townhouse-Style Triplex
New
For Sale
$140,000

225 3rd Street, Louisa, KY 41230

Residential Income, 2 Story, Louisa, KY

Property Size3,414 SF
Lot Size0.23 Acres
Price / SF$41.01
Days on Market2

Property Features for 225 3rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Window features Single Pane Window(s)
Patio and Porch features Porch
Interior features Cable/DSL Available
Basement Crawl Space
Appliances Negotiable
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

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1988
Number of units 3
Roof type Metal
Architectural style Other
Listing Agency: Re/Max Legacy Group-Paintsville
Listed By: Priscella Amburgey · License #217169
Added: Aug 26 Last Checked: Aug 27 at 8:06AM
MLS# 129219

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.

This 1988 triplex contains three townhouse-style apartments within a two-story residential building totaling 3,414 square feet. The units have updated HVAC systems, heat pump heating, central air conditioning, and porch access. The property also includes a metal roof and cable/DSL availability.

One apartment is occupied under a lease, while the other two are rented month to month. The building is HUD approved and is served by public water and public sewer. Located at 225 3rd Street in Louisa, Kentucky, the property sits on a 0.23-acre lot. It is offered for sale as-is, with no warranties expressed or implied.

Key Highlights

  • Three townhouse‑style apartments in a 3,414‑square‑foot triplex
  • Built in 1988 on a 0.23‑acre lot
  • Updated HVAC systems with heat pump heating and central air

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 - Three residential units with updated HVAC, public utilities, and a mix of lease arrangements already in place.
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 triplex; Built in 1988 on a 0.23‑acre lot; Updated HVAC systems with heat pump heating and central air
More about this property
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