$225,000
Estimated Payment$1,063/mo
Multi-Family For SalePrice Drop -$5,000

3172 S 3rd, Louisville, KY 40214

Virtual Tour
4,667Sq. Ft.
Multi-Family Home In South Louisville

Wonderful opportunity to purchase an income producing rooming house. Occupied, do not disturb tenants. This properly is wonderfully located Directly Across From The Stable Gate Entrance From Churchill Downs. This trip-plex is in need of some rehab, but affords someone a wonderful opportunity to create traditional rental units, or continue the use that has been in place for decades. The first floor unit offers a wonderful opportunity for owner occupant, or you could consider having the current manager on site continue services. The first floor unit features living room, two bedrooms, spacious kitchen with dining area, and access to the enclosed front porch. The second floor features four bedrooms and a bath. The third floor features two bedrooms, a bath, and additional storage/closet areas. There is an efficiency unit accessible from the rear stairs that is currently on a month-to-month lease with full bath and kitchenette. The basement features five rooms (used for sleeping), bathroom, and minimal kitchen area. Please remember this has been used as a rooming house and the rooms mentioned on many of these levels, with the exception of the first floor and efficiency, are on a daily or weekly rate. The property also features a two car detached garage. For all other questions, including income potential, please contact the listing agents.

3172 S 3rd is a multi family-home located in Jefferson, the 40214 ZIP Code, and the Semple Elementary School, Noe Middle School, and Iroquois High School attendance zones.

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3172 S 3rd
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Location
3172 S 3rd Louisville, KY 40214
Home Details

Listing Details

General

  • Disclosures: Yes

    Interior Details

    Utilities

    • Utilities: City Sewer, City Water, Electricity Connected, Fuel Natural

      Financial Details

      Expenses

      • Tenant Pays: Electric, Gas, Sewer, Water

        Property Details

        Construction Details

        • Roof: Composition, Rolled
        • Construction Materials: Aluminum, Frame Wood

        General

        • Lot Features: Sidewalk

          Parking

          • Garage: 2 0

            Location Details

            Region

            • City/Region: Dtwn Old Louisville Shively West Lou

              MLS Details

              General

              • Days on Homes.com: 91
              • MLS Number: 1608462
              • Listed: 3/25/2022
              • Last Updated: 6/22/2022
              • Offered By: Crane Realtors, Llc
              • Listing Source: Metro Search, Inc. (Greater Louisville Aor)
              Monthly Payment Calculator

              $1,063

              Estimated Mortgage
              Principal & Interest
              $759
              Insurance
              $79
              Taxes
              $225
              Mortgage Insurance
              $0
              i
              Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
              i
              If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
              Price History
              • DateEventPrice
              • 06/22/2022$5,000$225,000
                Source: Metro Search, Inc. (Greater Louisville AOR)
              • 05/25/2022$10,000$230,000
                Source: Metro Search, Inc. (Greater Louisville AOR)
              • 05/16/2022$10,000$240,000
                Source: Metro Search, Inc. (Greater Louisville AOR)
              • 03/25/2022listed$250,000
                Source: Metro Search, Inc. (Greater Louisville AOR)
              Nearby Schools
              School data provided by GreatSchools
              i
              The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
              Points of Interest

              Airports

              Distance
              • Louisville International
                3.2 mi

              Colleges

              Distance
              • University of Louisville
                1.4 mi
              • Spalding University
                3.3 mi
              • Jefferson Community and Technical College
                3.3 mi

              Military Bases

              Distance
              • Louisville Naval Ordinance Station
                3.3 mi
              • Fort Knox
                24.3 mi
              • Fort Knox West Point
                34.6 mi

              Parks and Recreation

              Distance
              • Rauch Planetarium
                1.6 mi

              Shopping Centers

              Distance
              • Central Station
                0.4 mi
              • Cardinal Center
                1.3 mi
              • Dahlem Building
                2.1 mi
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              Listing Agent
              Martin Crane
              Crane REALTORS, LLC
              Louisville, KY
              Continue Your Search

              $225,000

              4,667 Sq. Ft.

              3172 S 3rd

              Louisville, KY 40214

              Martin Crane
              Crane REALTORS, LLC