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231 N 19th St, Louisville, KY, 40203

4beds
3baths
5,470.16sqft
$475,000
$87price/sqft
$3,702/moest. monthly cost
$148,080/yrincome needed

About This Home

Historic Mixed-Use Corner Asset with 3 residential units, office space & includes 2 empty lots unlocking a rare portfolio-in-one at the corner of 19th and Duncan. This 1890's historic property offers immediate diversified income potential through a mix of commercial office space, multi-family residential units, and a detached garage. The sale includes 2 adjacent vacant lots (227 & 229 N 19th), bringing the total footprint to approx. 0.3 acres. Ideal for ample parking or future development. Located across from a park, this property offers incredible versatility. An investor can stabilize the residential rent roll, lease the office space, and hold the land for appreciation, or an owner-occupant can run their business downstairs while the apartments pay the mortgage. Main level has entry space, work area, sitting room, small kitchen & half bath. It leads to a private fully fenced gravel yard and entrance to garage and the garage apt above. Basement has a large living room area, small separate room and furnace room with some storage. Upper level has 2 apartments. 2nd floor has a 1 bedroom apt and rents for $800/months. 3rd floor has a 3 bedroom apt and rents for $1000-$1200/mo. Main office level rents for $1200/mo. Invest in a piece of Louisville's history with a modern income potential.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

1/10
Byck Elementary SchoolGrades K-50.7 mi
1/10
4/10
Westport Middle SchoolGrades 6-89.9 mi

Construction

Condition

  • Year built: 1890

Materials

  • Roof: Flat
  • Construction materials: Concrete,Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Quadruplex

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Finished area below ground: 1,348
  • Finished area above ground: 4,122

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 4,122
  • Total interior livable area: 5,470 sqft

Property

Details

  • Parcel number: 015F00410000
  • Attached to another structure: Yes

Features

  • Patio & porch: Enclosed,Patio
  • Exterior features: None

Lot

  • Lot size: 0.30 Acres
  • Features: Corner Lot,Sidewalk
  • Lot size dimensions: see remarks

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2