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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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Heat Wave

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$534$6,408
Property Taxes $336$4,032
Electricity $431$5,183
Total$3,702$44,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,925/yr
40% on housing$111,060/yr
45% on housing$98,720/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$87This listing

vs Other Active Listings

Avg $/sqft

ZIP 40203$101
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40203$139
Jefferson County$160

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-19Listed for sale$475,000
2014-06-20Sold$19,500

For Sale by Agent

AgentDarcy Nobile
BrokerageRE Solutions LLC

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