$360,000

932 S 1st St Louisville, KY 40203

$4,275
Closing credit¹
5 beds
5 baths
3,956 sqft
0.2 acres
$91 / sqft
Multi-Family

Property details

About 932 S 1st St

Don't miss this rare opportunity to own a fully rented 4-plex in the highly sought-after historic district of Old Louisville. Bursting with charm and character, this property offers a unique blend of timeless elegance and solid investment potential. Ideally located just minutes from downtown with easy expressway access, this multi-family gem delivers steady cash flow—with a current rent roll well in excess of the ''1% Rule.'' The owner pays water and LG&E for select units, with those costs offset by higher rents. This property is fully stabilized and can be sold individually or as part of a larger 19-unit portfolio including 930, 936, and 938 S 1st Street—an exceptional opportunity to invest in multiple income-producing properties in one of Louisville's most iconic neighborhoods. Rent roll and current-year P&L are available upon request. Please allow 48 hours' notice for showings. Schedule your tour today and step into a turnkey investment opportunity you won't want to miss!

Highlights

Home typeQuadruplex
HeatingElectric, Forced Air, Other
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size3,956 sqft
Lot size0.19 Acres
Year built1885
MLS #1683481

Summary

  • Total Bedroom Count: 5
  • Exterior: None
  • Architectural Style: Traditional
  • Heating: Electric, Forced Air, Other
  • Cooling: Central Air, Wall/Window Unit(s)
  • List Price: $360,000
  • Price/SqFt: $91
  • Annual Tax Amount: $3,851
  • Tax Year: 2023
  • Lot: Sidewalk
  • Directions: Between Kentucky and Breckenridge on 1st
  • Year Built: 1885
  • Living Area: 3,956 SqFt
  • Lot Size: 0.19 Acres
  • MLS Number: 1683481
  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • Office Name: Housing Associates

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: 5/29/2025, 4:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

932 S 1st St, Louisville, KY 40203 - view of front of property featuring brick siding and a front lawn

$360,000

932 S 1st St

$4,275

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 24, 2022
Home Sold
$287,000

Tax history

YearAssessmentProperty Tax
2023$287,000$3,851
2022$197,400$2,684
2021$197,400$2,684
2020$197,400$2,861
2019$197,400$2,648
2018$189,000$2,463
2017$189,000$2,463

History based on county public records data.

Nearby schools

1

Engelhard Elementary School

Public District KG-5

0.1 mi

1004 S 1st St

1

Coolridge-Taylor Elementary School

Public Magnet KG-5

1.1 mi

1115 W Chestnut St

3

Cochran Elementary School

Public District KG-5

1.2 mi

500 W Gaulbert Ave

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 $11,426. The majority of Louisville, KY residents have income less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

89%
<35k
9%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

90%
Single, No Kids
7%
Single, with Kids
3%
Married, No Kids
0%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
1%
12-17 yrs old
17%
18-34 yrs old
19%
35-64 yrs old
53%
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

Similar homes for sale

This home is located at 932 S 1st St in Louisville, KY and zip code 40203 in the Old Louisville neighborhood. This 3,956 square foot home, which was built in 1885, sits on a 0.19 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $360,000.

Louisville, KY housing market in April 2025 saw over 235 listings sold above listed price, more than 214 sold at listed price and over 292 sold below. Between March and April 2025, Louisville, KY real estate market has seen increase in the number of listings by 10.5%. In April 2025, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $259,895.

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

More resources