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5-Unit Apartment Building
For Sale
$350,000

624 St Catherine Street, Louisville, KY 40203

Historic Louisville property with a varied unit mix, separately metered electricity, and recent improvements to one residence.

Property Size4,785 SF
Price / SF$73.15
Days on Market239

Property Features for 624 St Catherine Street

General Information

Standard status Active
Size 4,785 SF
Property subtype Residential Income / Apartment

Units

Unit Mix 1 x 2BR, 3 x 1BR, 1 x studio
Multifamily Units 5

Additional Details

Utilities to Site Yes

Amenities

Wall/Window Unit(s), Yes
Other, Yes
Yes
5
3
Shingle
Porch

Building Details

Year Built 1890
Buildings 1
Listing Agency: Exit Realty Home Front
Listed By: Louise B Venettozzi · License #247851
Source: Compass
Added: Jan 3 Changed: Aug 28 Last Checked: Aug 29 at 3:39PM

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 Exit Realty Home Front

Investment Insights

Based on property information with market context.

Built in 1890, this 4,785-square-foot apartment property contains five residences: one two-bedroom unit, three one-bedroom units of varying sizes, and a studio with an office area. Unit #1 was recently renovated. The building is heated by a boiler, includes one water heater, and has window units serving four apartments. Owner-provided refrigerators and ranges remain in the units, while other appliances are tenant-owned.

The property occupies the corner of W St Catherine and S 7th and offers on-street parking. Electric service is separately metered. The roof is under three years old, while sealed gutters and soffits are reported in good repair. One rear one-bedroom apartment carries a one-year lease; the remaining units include month-to-month arrangements, with the two second-floor units both month to month. Showings require at least 48 hours’ written notice to tenants and the listing agent’s presence.

Key Highlights

  • Five‑unit layout with one 2BR, three 1BRs, and one studio with office area
  • 4,785‑square‑foot apartment building constructed in 1890
  • Unit #1 recently renovated

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Pet Store Home Appliance 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

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,591
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic Louisville property with a varied unit mix, separately metered electricity, and recent improvements to one residence.
Where is this apartment building located?
The property is located at 624 St Catherine Street 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: Five‑unit layout with one 2BR, three 1BRs, and one studio with office area; 4,785‑square‑foot apartment building constructed in 1890; Unit #1 recently renovated
More about this property
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