Log In/Sign Up
Your email has been sent.
Value-Add Multifamily Portfolio 4 Multifamily Properties Offered at $4,049,760 CAD in Louisville, KY



Investment Highlights
- Up to 57 units
- Central location near the University of Louisville and Spalding University
- Three of four buildings recently renovated
- Value add potential with fourth building
Executive Summary
This Old Louisville multifamily opportunity consists of up to 57 total units spread across four buildings on the same block. Three buildings have undergone a comprehensive renovation program. Capital improvements include selective demolition to enhance unit layouts, fresh exterior paint, new gutters and downspouts, and new energy efficient windows. Interior upgrades feature updated electrical systems, substantial plumbing improvements, new window air conditioning units, and ventless gas heating systems in each unit. Units also received new flooring, modern kitchens with granite, updated cabinetry, new appliance, refreshed bathrooms, and other finishes that support strong tenant demand. The fourth building has been completely gutted and is currently undergoing renovation.
The properties benefit from their proximity to major institutional demand drivers, including Spalding University immediately to the north and the University of Louisville just a few blocks to the south.
This offering provides investors with the opportunity to purchase all buildings at a discounted price-per-unit, and add value by finishing the vacant building.
The properties benefit from their proximity to major institutional demand drivers, including Spalding University immediately to the north and the University of Louisville just a few blocks to the south.
This offering provides investors with the opportunity to purchase all buildings at a discounted price-per-unit, and add value by finishing the vacant building.
Property Facts
| Price | $4,049,760 CAD | Number of Properties | 4 |
| Price / SF | $137.99 CAD / SF | Individually For Sale | 1 |
| Sale Type | Investment | Total Building Size | 29,348 SF |
| Status | Active | Total Land Area | 0.82 AC |
| Price | $4,049,760 CAD |
| Price / SF | $137.99 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 1 |
| Total Building Size | 29,348 SF |
| Total Land Area | 0.82 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1010 S 3rd St, Louisville, KY 40203 | Multifamily | 8,510 SF | 1880 | - |
|
Isbell Apartments
1014 S 3rd St, Louisville, KY 40203 |
Multifamily | 8,277 SF | 1880 | - |
| 1018 S 3rd St, Louisville, KY 40203 | Multifamily | 6,399 SF | 1880 | $957,528 CAD |
| 1019 S 3rd St, Louisville, KY 40203 | Multifamily | 6,162 SF | 1890 | - |
1 1
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Value-Add Multifamily Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
