Description
Welcome to a rare investment opportunity on historic Millionaire's Row in Old Louisville. This striking brick tri-plex blends timeless architecture with strong income-producing potential. Currently configured as three separate apartments, the property offers flexibility for continued rental use, possible conversion back to a single-family residence, or other creative ownership options. The largest unit features 3 bedrooms and 1 bathroom, highlighted by original mantels, hardwood floors, and classic historic details. The two additional units each offer 2 bedrooms and 1 bathroom, with charming features such as hardwood flooring, abundant natural light, and stained-glass accents. Additional features include a private fenced yard and dedicated off-street parking — valuable amenities in this highly desirable location. The units have being upgraded. Units 1 and 3 have long term tenants. Unit 2 has being leased by the room on furnished finders providing for additional capital. Ideally situated near the University of Louisville, Churchill Downs, Downtown Louisville, and I-65, this property offers both historic character and practical convenience. Whether you are looking to expand your portfolio, occupy one unit while renting the others, or explore future conversion possibilities, this Old Louisville property is full of potential.
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8BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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3,663SQFT
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$132$/SQFT
School Ratings & Info
Description
Welcome to a rare investment opportunity on historic Millionaire's Row in Old Louisville. This striking brick tri-plex blends timeless architecture with strong income-producing potential. Currently configured as three separate apartments, the property offers flexibility for continued rental use, possible conversion back to a single-family residence, or other creative ownership options. The largest unit features 3 bedrooms and 1 bathroom, highlighted by original mantels, hardwood floors, and classic historic details. The two additional units each offer 2 bedrooms and 1 bathroom, with charming features such as hardwood flooring, abundant natural light, and stained-glass accents. Additional features include a private fenced yard and dedicated off-street parking — valuable amenities in this highly desirable location. The units have being upgraded. Units 1 and 3 have long term tenants. Unit 2 has being leased by the room on furnished finders providing for additional capital. Ideally situated near the University of Louisville, Churchill Downs, Downtown Louisville, and I-65, this property offers both historic character and practical convenience. Whether you are looking to expand your portfolio, occupy one unit while renting the others, or explore future conversion possibilities, this Old Louisville property is full of potential.
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Listing provided courtesy of Encore Realty Group: .
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