Estimated payment $4,059/month
Highlights
- Popular Property
- Traditional Architecture
- Cooling System Mounted To A Wall/Window
- Deck
- No HOA
- 5-minute walk to Magnolia Park
About This Home
This circa 1890 Old Louisville Show Stopper is located on the 1400 Block of S. 4th St. is a must see for investors, parents with college students or just neighborhood lovers. This property with incredible architecture offers 6 beautiful apartments under one roof that have been completely updated, renovated and modernized. All the units are extremely nice and offer renovated kitchens & baths. 2 units are on yearly leases (#3 & #5) while the other 4 units are furnished and used as mid-term rentals for traveling healthcare professionals & corporate employees. Total monthly rental income is currently $8610 per month and is fully rented. The 4 midterm rentals are all furnished and decorated with beautiful furniture and French artwork. Each of these units is named after famous artists. #1 is the Gauguin, #2 is the Toulouse-Lautrec, #4 is the Chagall & #6 is the Matisse (furniture & artwork can be purchased outside the contract if desired). The original foyer and staircase boast gorgeous original lead and stained-glass windows. Tall ceilings, natural woodwork, original fireplace mantels reflect the era of this once single-family home. The current owners removed the basement apartment when they purchased and created a laundry room and secure storage areas for each of the other units. There is a delightful courtyard at the rear of the home offering outdoor space for the residents. Just a stone's throw away from Belgravia Ct., St. James Ct. & Olmstead's Central Park. Minutes to the downtown business district, hospitals, University of Louisville, Spaulding University, Simmons College and the Muhamad Ali International Airport. This building has a great rental history and is very easy to keep fully occupied. There are some great dining experiences close by as well.
Property Details
Home Type
- Apartment
Year Built
- Built in 1890
Home Design
- 5,210 Sq Ft Home
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
- Asphalt Roof
- Stone Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Outdoor Features
- Deck
- Patio
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Mini Split Heat Pump
Additional Features
- Basement
Listing and Financial Details
- The owner pays for trash collection, electricity, sewer, water
- Legal Lot and Block 0085 / 033A
- Assessor Parcel Number 08033A00850000
Community Details
Overview
- No Home Owners Association
- Old Louisville Subdivision
Amenities
- Laundry Facilities
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/16/2025 10/16/25 | For Sale | $650,000 | +251.4% | $125 / Sq Ft | |
| 06/05/2013 06/05/13 | Sold | $185,000 | -32.7% | $34 / Sq Ft | View Prior Sale |
| 04/18/2013 04/18/13 | Pending | -- | -- | -- | |
| 02/10/2011 02/10/11 | For Sale | $275,000 | -- | $50 / Sq Ft |
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: 1699758
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