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1383 S Floyd St, Louisville, KY 40208

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For Sale

$168,000

6 beds • 2,135 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $78.69
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 1688095

Courtesy Of RE Solutions LLC

(502) 498-5455

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    New Traditional
  • Lot Size
    0.12 Acres

Map and Directions

Directions to 1383 S Floyd St, Louisville, KY 40208

Home seller CENTURY 21 Advantage Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Advantage Realty

(859) 624-5488
Learn More About Us

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Copyright © 2025 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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