Investor's Goldmine: 6-Unit Rehab Opportunity Steps from UofL!
Unleash massive potential in this prime multi-unit property, ideally situated just minutes from the booming University of Louisville campus. This isn't just a building; it's a blank canvas in an explosively hot market, custom-made for savvy investors. Capitalize on the surging demand for both professional and student rentals, or execute a highly profitable flip. The surrounding area is a proven magnet for successful rehabs and lucrative flips—this is your chance to join the ranks of those transforming this vibrant neighborhood.
Currently configured with six distinct units, this versatile property offers immediate vision:
First Floor: Spacious 2-bedroom, 1-bath apartment with kitchen... Second Floor: Three efficient studio apartments, each with a bath.
Third Floor: Unique loft/studio with a full bath and kitchen.
Imagine the possibilities post-renovation: highly desirable housing for university professionals, medical residents, or a prime income-generating asset for student housing. UofL's on-campus housing consistently sees near-record occupancy (97% in Fall 2024), underscoring the immense off-campus rental demand.
While the vision is clear, this property requires a full rehab and clean-out. It's an "as-is" sale, and the front entrance is sealed off. This presents an exciting opportunity to transform this property from the ground up, allowing you to customize it entirely to maximize future rental income and resale value. There are no tenants remaining.
Buyer to verify all information, including but not limited to square footage, lot size, utilities, foundation, environmental concerns, zoning, and intended uses. Property is being sold AS-IS, with no warranties expressed, written, or implied.Please allow 48 hours for a response on all offers.
Don't miss out on this exceptional chance to transform potential into significant profit! Investors are actively seeking and successfully renovating properties like this in this appreciating market. Yours could be next. Ready to seize this incredible investment? Schedule your exclusive showing today!
Pending
$168,000
1383 S Floyd St, Louisville, KY 40208
6beds
3baths
2,135sqft
Est.:
Apartment
Built in 1901
-- sqft lot
$-- Zestimate®
$79/sqft
$-- HOA
What's special
Three efficient studio apartments
- 73 days
- on Zillow |
- 264 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 07:45am
Listed by:
Beth Green 502-498-5455,
RE Solutions LLC
Source: GLARMLS,MLS#: 1688095

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Other
Cooling
- Wall/Window Unit(s)
Features
- Has basement: Yes
Interior area
- Total structure area: 2,135
- Total interior livable area: 2,135 sqft
- Finished area above ground: 2,135
- Finished area below ground: 0
Property
Features
- Patio & porch: Porch
- Exterior features: None
Lot
- Size: 5,227.2 Square Feet
- Dimensions: 32 x 160
- Features: Sidewalk
Details
- Parcel number: 032H01360000
Construction
Type & style
- Home type: Apartment
- Architectural style: Traditional
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Wood Frame
- Roof: Shingle
Condition
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $141,970
- Annual tax amount: $1,951
- Date on market: 5/29/2025
- Electric utility on property: Yes
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