Listing provided courtesy of Encore Realty GroupMLS# 1717731MLS ProviderSource MLS Verified
  • 43 days on site
  • 2 views

Incredible 12-Plex Investment Opportunity in Old Louisville Exceptional multi-family opportunity in the heart of historic Old Louisville. This well-maintained, long-term, self-managed property offers a strong unit mix and classic architectural charm, featuring original mantels and beautifully refinished hardwood floors. The building consists of two 2-bedroom/1-bath apartments, seven 1-bedroom/1-bath apartments, and three studio units, all individually metered with tenants responsible for utilities. Features include: a 45-year dimensional shingle roof, a new carriage house roof (2025), newly paved parking lot, refinished hardwood floors, two water heaters, twelve furnaces and twelve central air units, prorated water usage billing to tenants, seven dedicated parking spaces, a two-car garage (currently used by owner), and an unfinished basement unit/storage area. Ideally located near University of Louisville and Cardinal Towne, this property is perfect for student housing or long-term tenants. Enjoy quick access to Churchill Downs, downtown Louisville, and I-65, making commuting and entertainment easily accessible. With its prime location, historic character, and strong income potential, this property presents an outstanding opportunity for investors seeking to maximize rental return. Contact the listing agent for additional details or to schedule a private showing.

Source: Louisville MLS, MLS#: 1717731

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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 1229 S 4th St


Schools

School data unavailable,
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
5/18/2026Source: Louisville MLS Added to Database
May 18, 2026