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3-Unit Triplex with Basement Laundry Hookups
New
For Sale
$75,000

3414 W Market St, Louisville, KY 40212

Two ground-floor apartments are vacant, while the upstairs apartment is occupied by a tenant.

Property Size2,079 SF
Price / SF$36.08
Days on Market6

Property Features for 3414 W Market St

General Information

Standard status Active
Size 2,079 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence in need of repairs, updates, and some investor TLC

Units

Unit Mix 3 x 1BR
Multifamily Units 3

Amenities

washer and dryer hookups

Building Details

Year Built 1920
Listing Agency: Legacy Property Group
Listed By: Kyle Elmore · License #262211
Source: Whitepicketky
Added: Oct 11 Changed: Oct 15 Last Checked: Oct 14 at 11:27PM

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 Legacy Property Group

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Investment Insights

Based on property information with market context.

Built in 1920, this 2,079-square-foot triplex contains three one-bedroom apartments. Two units are on the ground floor and are vacant; the third is upstairs and has a tenant. Each apartment is separately metered. Electricity and water are off in the two vacant units, and the building requires repairs and updates.

Basement washer and dryer hookups provide laundry connections. The property is located at 3414 W Market St in Louisville, Kentucky.

Key Highlights

  • Three one‑bedroom apartments, each separately metered
  • 2,079 square feet; built in 1920
  • Two ground‑floor units are vacant; the upstairs unit is tenant‑occupied

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic Accounting Firm

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

334
Businesses Nearby

Demographics for 40212, KY

16,360
Population
8,061
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
4,305
Density / Sq Mi
$35,389
Median Household Income
$28,506
Median Earnings
$917
Median Rent
$78,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two ground-floor apartments are vacant, while the upstairs apartment is occupied by a tenant.
Where is this triplex located?
The property is located at 3414 W Market St Louisville, KY.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Three one‑bedroom apartments, each separately metered; 2,079 square feet; built in 1920; Two ground‑floor units are vacant; the upstairs unit is tenant‑occupied
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