$8,253

closing credit¹

1231 S 4th St Louisville, KY 40203

$695,000
6,323 sqft
$110 / sqft
Condo

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

Home typeCondominium
HeatingZoned, Ductless
StatusAccepting Backup Offers
(Active Under Contract)
Size6,323 sqft
Lot size0 Acres
Year built1900
MLS #1676644

Summary

  • MLS Number: 1676644
  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • Office Name: PRG Commercial Property Advisors

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.
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

$695,000

1231 S 4th St

$8,253

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 15, 2017
Home Sold
$400,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

68%
<35k
25%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

90%
Single, No Kids
3%
Single, with Kids
6%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
17%
18-34 yrs old
40%
35-64 yrs old
38%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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