1383 S Floyd St Active Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40208
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,135 sqft
Price per Sqft $78
MLS Listing ID 1688095
Style Traditional
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,135
Year Built 1901
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Apartment
Source Metro Search (Greater Louisville Association of REALTORS®)
Land Area 2135
Property Description
Investor's Goldmine: 6-Unit Rehab Opportunity Steps from UofL!
Unleash massive potential in this prime multi-unit property, ideally situated just minutes from the booming University of Louisville campus. This isn't just a building; it's a blank canvas in an explosively hot market, custom-made for savvy investors. Capitalize on the surging demand for both professional and student rentals, or execute a highly profitable flip. The surrounding area is a proven magnet for successful rehabs and lucrative flips—this is your chance to join the ranks of those transforming this vibrant neighborhood.
Currently configured with six distinct units, this versatile property offers immediate vision:
First Floor: Spacious 2-bedroom, 1-bath apartment with kitchen... Second Floor: Three efficient studio apartments, each with a bath.
Third Floor: Unique loft/studio with a full bath and kitchen.
Imagine the possibilities post-renovation: highly desirable housing for university professionals, medical residents, or a prime income-generating asset for student housing. UofL's on-campus housing consistently sees near-record occupancy (97% in Fall 2024), underscoring the immense off-campus rental demand.
While the vision is clear, this property requires a full rehab and clean-out. It's an "as-is" sale, and the front entrance is sealed off. This presents an exciting opportunity to transform this property from the ground up, allowing you to customize it entirely to maximize future rental income and resale value. There are no tenants remaining.
Buyer to verify all information, including but not limited to square footage, lot size, utilities, foundation, environmental concerns, zoning, and intended uses. Property is being sold AS-IS, with no warranties expressed, written, or implied.Please allow 48 hours for a response on all offers.
Don't miss out on this exceptional chance to transform potential into significant profit! Investors are actively seeking and successfully renovating properties like this in this appreciating market. Yours could be next. Ready to seize this incredible investment? Schedule your exclusive showing today!
Location
State KY
County Jefferson
Direction I-65 N, take exit 134 B, left on Woodbine St, left on Floyd.
Interior
Heating Other
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Porch Porch
Garage No
Building
Lot Description Sidewalk
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Wood Frame