1241 S 1st St Louisville, KY 40203
Old Louisville NeighborhoodEstimated payment $2,679/month
Total Views
165,102
7
Beds
5
Baths
3,828
Sq Ft
$111
Price per Sq Ft
Highlights
- Hot Property
- No HOA
- Forced Air Heating and Cooling System
- Traditional Architecture
- Porch
- Laundry Facilities
About This Home
This great Old Louisville solid brick 5-plex has two 2-bedroom units & three 1-bedroom units with right at 3828 Sq. Ft. of finished space. The current residents pay for their own gas & electric and the management company uses the Ratio Utility Billing System to capture the building water/sewer costs as well. These units offer lots of Old-World charm and character with original fireplace mantels, lots oak flooring, tall ceilings and spacious rooms. Many long-term tenants reside in the building. There are 5 HVAC systems, 6 water heaters & complimentary washer & dryer in basement for residents use. There are 3 parking spaces off the rear alley that could potentially hold 6 cars if parked in tandem. The building is currently fully leased. Please see the document tab for floor sketches & layouts of the units and current rent roll. Priced at $85K per unit. Minimum of 48-hour notice to show units. Conveniently located near U of L, downtown, the airport and major expressways. This property is located in the Old Louisville Historic Preservation District.
Property Details
Home Type
- Apartment
Year Built
- Built in 1880
Home Design
- 3,828 Sq Ft Home
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
- Stone Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Basement
Listing and Financial Details
- The owner pays for trash collection
- Legal Lot and Block 0091 / 032B
- Assessor Parcel Number 08032B00910000
Community Details
Overview
- No Home Owners Association
- Old Louisville Subdivision
Amenities
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $425,000 | +111.4% | $111 / Sq Ft |
| 07/31/2014 07/31/14 | Sold | $201,000 | -12.6% | $50 / Sq Ft |
| 07/25/2014 07/25/14 | Pending | -- | -- | -- |
| 05/14/2014 05/14/14 | For Sale | $230,000 | -- | $57 / Sq Ft |
Source: Metro Search, Inc.
About the Listing Agent
Michael is a full time Realtor with over 33 years' experience negotiating for his clients' best interests with both buyers and sellers. He is also a member of KCREA (Kentucky Commercial Real Estate) which gives him the upper hand in commercial and investment properties. Michael works tirelessly throughout the entire Metro Louisville area & surrounding counties, but especially loves opportunities to work within the area's urban, historic neighborhoods of Old Louisville, The Highlands, Cherokee
Michael's Other Listings
Source: Metro Search, Inc.
MLS Number: 1696161
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.
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