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Louisville Multifamily High-Rise Investment
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600 Marshall St, Louisville, KY 40202

High-rise multifamily property in Louisville's vibrant downtown area.

Property Size80,346 SF
Days on Market100

Property Features for 600 Marshall St

General Information

Standard status Active
Size 80,346 SF
Property subtype Multifamily
Occupancy 90%

Amenities

79 Units Offered at an Extremely Competitive Basis Considering Newer Vintage at Less than $100K Per Unit
Urban-Market Footprint in Downtown Louisville, Placing Residents Minutes from the CBD, UPS Worldport and River Ridge Commerce Center
Low Capital Needs - 2011 Vintage Allow New Ownership to Focus on Operations and Revenue Instead of Capex
Supply-Constrained Market - Louisville Leads the Nation in Asking Rent Growth at 5.4 Percent Versus 1.3 Percent

Building Details

Building Size 80,346 SF
Units 79
Listing Agency: Indianapolis Office
Listed By: Tony Rogers · License #License(s): IN: RB18001301
Source: Marcusmillichap
Added: May 27 Changed: Aug 23 Last Checked: Sep 2 at 1:28PM

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 Indianapolis Office

Investment Insights

Based on property information with market context.

This multifamily high-rise property, located in downtown Louisville, Kentucky, presents a lucrative investment opportunity. Constructed in 2011 and renovated in 2015, the property features 79 units. The property has maintained a 90% occupancy rate. The location is near Fourth Street Live! entertainment district, Louisville Slugger Museum & Factory, and Waterfront Park. The property is also near local dining, theaters, and the KFC Yum! Center. The property is located in a thriving community and economic hub.

Key Highlights

  • High 90% occupancy rate demonstrates strong rental demand and consistent income.
  • Prime downtown Louisville location near major attractions.
  • Modern building constructed in 2011 and renovated in 2015.

Property Analytics

Current Use

The Quad Apartments Apartment Complex

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Pet Grooming Service Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,639
Businesses Nearby

Demographics for 40202, KY

7,179
Population
4,242
Households
1.7
Avg Household Size
39
Median Age
27%
College-Educated
83%
High-School Grad
1.6 sq mi
ZIP Area
4,487
Density / Sq Mi
$29,382
Median Household Income
$33,205
Median Earnings
$881
Median Rent
$340,000
Median Home Value

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 - High-rise multifamily property in Louisville's vibrant downtown area.
Where is this apartment building located?
The property is located at 600 Marshall St Louisville, KY.
What are key features of this property?
This property features: High 90% occupancy rate demonstrates strong rental demand and consistent income.; Prime downtown Louisville location near major attractions.; Modern building constructed in 2011 and renovated in 2015.
More about this property
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