#1677859, Listing Office: PRG Commercial Property Advisors
$8,253
closing credit¹
1231 S 4th St Louisville, KY 40203
Property details
About 1231 S 4th St
This well-maintained seven unit Old Louisville property was gutted and renovated in 2003, including new plumbing and electrical, and currently is in excellent condition. There are a mix of units: one 3BR/2BA, one 2BR/1.5BA, two 2BR/1BA, two 1BR/1BA, and a studio, with room to increase rental revenue. The spacious apartments all have a dishwasher (except the studio), hardwood floors, updated kitchens and bathrooms, and four units have W/D hookups. There is also common laundry in the basement for an additional fee. There are separate HVAC and/or minisplits with separate meters (see note on rent roll). The beautiful common area is in excellent condition and the rear off street parking was recently repaved. This is an excellent opportunity to invest in a turnkey multifamily prop.
Highlights
(Active Under Contract)
Summary
- MLS Number: 1676644
- MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
- Office Name: PRG Commercial Property Advisors
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of front of home](/homes/listing-images/50547288_S0445/S0445/S0445-R0100/20241214175000564266000000/20241214183451237531000000.jpg?version=1734202005&width=640)
$695,000
1231 S 4th St
$8,253
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 15, 2017 | Home Sold | $400,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $513,750 | $6,894 |
2022 | $400,000 | $5,440 |
2021 | $400,000 | $5,440 |
2020 | $400,000 | $5,798 |
2019 | $400,000 | $5,366 |
2018 | $400,000 | $7,037 |
2017 | $540,000 | $7,037 |
History based on county public records data.
Nearby schools
1
Engelhard Elementary School
Public District KG-5
0.4 mi
•1004 S 1st St
1
Cochran Elementary School
Public District KG-5
0.7 mi
•500 W Gaulbert Ave
1
Shelby Elementary School
Public Magnet KG-5
1.1 mi
•735 Ziegler St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,369. Most Louisville, KY residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 1231 S 4th St
This home is located at 1231 S 4th St in Louisville, KY and zip code 40203 in the Old Louisville neighborhood. This 6,323 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $695,000.
In January 2025, from all listings sold in Louisville, KY there were more than 92 sold above asking price, over 258 sold below and more than 122 were sold right at the asked price. The number of homes for sale in Louisville, KY decreased by 0.8% between December and January 2025. The median list price of listings available in January 2025 was $256,676, while the average time on the real estate market was 3 days.