Listing provided courtesy of DREAM J P Pirtle REALTORSMLS# 1718253MLS ProviderSource MLS Verified
  • 39 days on site
  • 1 views

Investor Opportunity Near Churchill Downs! This triplex offers an excellent opportunity for investors looking to expand their real estate portfolio in a highly desirable location. The property features two 1-bedroom apartments and one studio unit, providing strong rental income potential. Several updates have already been completed, including flooring and fresh paint, while additional improvements offer the perfect chance to add value and maximize returns. All three units are currently vacant, making it easy to renovate and prepare for new tenants immediately. Location is the true highlight of this property — situated just moments from Churchill Downs, this property benefits from exceptional proximity to one of Louisville's most iconic destinations. The potential for long-term rental income or event-driven demand creates exciting possibilities for the next owner. Property sold AS IS with absolutely no warranties expressed written or implied. Buyer to verify any and all information or lack of information including but not limited to square footage, lot size, utilities, zoning, comparables, # of beds, # of bath, etc.

Source: Louisville MLS, MLS#: 1718253

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  • Property Type
    Residential Income

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1031 Queen Ave


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/17/2026Source: Louisville MLS Price Reduction
$130,000 -27.8%
6/1/2026Source: Louisville MLS Price Reduction
$180,000 -28.0%
5/22/2026Source: Louisville MLS Added to Database
May 22, 2026