936 S 1st St Active Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40203
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,382 sqft
Price per Sqft $95
Subdivision Old Louisville
MLS Listing ID 1683484
Style Traditional
Bedrooms 7
HOA Y/N No
Abv Grd Liv Area 4,382
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1958
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Apartment
Property Description
Don't miss this rare opportunity to own a fully rented 5-plex in the highly sought-after historic district of Old Louisville. Bursting with charm and character, this property offers a unique blend of timeless elegance and solid investment potential. Ideally located just minutes from downtown with easy expressway access, this multi-family gem delivers steady cash flow—with a current rent roll well in excess of the ''1% Rule.'' The owner pays water and LG&E for select units, with those costs offset by higher rents. This property is fully stabilized and can be sold individually or as part of a larger 19-unit portfolio including 930, 932, and 938 S 1st Street—an exceptional opportunity to invest in multiple income-producing properties in one of Louisville's most iconic neighborhoods. Rent roll and current-year P&L are available upon request. Please allow 48 hours' notice for showings. Schedule your tour today and step into a turnkey investment opportunity you won't want to miss!
Location
State KY
County Jefferson
Direction Between Kentucky and Breckenridge on 1st
Interior
Heating Forced Air,Natural Gas
Cooling Central Air,Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Asphalt
Garage No
Building
Lot Description Sidewalk
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Brick