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Pending
  • $168,000

    1383 S Floyd St, Louisville, KY 40208

    6beds
    3baths
    2,135sqft
    : 
    Apartment
    Built in 1901
    -- sqft lot
    $-- Zestimate®
    $79/sqft
    $-- HOA

    What's special

    Three efficient studio apartments
    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!
    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#: 1688095MLS Logo
    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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