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1529 W Market St, Louisville, KY, 40203

4beds
4baths
6,852sqft
$1,375,000
$201price/sqft
$10,011/moest. monthly cost
$400,440/yrincome needed

About This Home

Rare multi-structure gem in Louisville's thriving Portland Opportunity Zone - No expenses were spared and no corners were cut on these building renovations! This fully renovated compound includes three distinct structures, offering unmatched flexibility for event hosting, retail, live/work, and rental income. Building #1 (1529 W Market St): A stunning 3-story transformation with a beautiful exterior mural commissioned by Louisville Public Media. Interior renovations include installation of a CMDA sprinkler system, fire-rated interior doors, and spray foam insulation throughout. The first floor is a showstopper ideal for specialty retail or hosting special events. Upstairs, two private-entry apartments feature beautiful engineered hickory hardwood floors, quartz kitchen and bath counters, top-tier GE stainless appliances, and spa-style baths with porcelain tile throughout. RETAIL CONCEPT IDEAS: -Bookstore + Self-Serve Coffee Bar: Think curated titles, local authors, and cozy nooks. Add a vintage espresso cart and soft jazz playlists...Portland meets Paris! -Boutique Clothing Studio: Feature sustainable fashion, local designers, or a capsule wardrobe concept. The arched windows make a stunning display backdrop. -Artisan Apothecary: Small-batch skincare, herbal remedies, and wellness workshops. Add a scent bar or DIY bath salt station. -Gallery + Maker Space: Rotate local art exhibits with hands-on workshops, printmaking, ceramics, or zine creation. Great for First Friday events. -Vinyl & Vintage Pop-Up: Records, retro wear, and analog nostalgia. Host listening parties or DJ sets under those pendant lights. EVENT SPACE CONCEPT IDEAS: - Silent Disco Venue: The elongated layout is perfect for immersive sound zones. Add LED floor lighting and rotating themes (90s night, Afrobeat, etc.). - Milestone Celebration Hub: Birthdays, micro-weddings, retirement parties. Offer packages with local caterers and photo booth setups. - Storytelling Salon: Host spoken word, memoir readings, or community storytelling nights. Add modular seating and moody lighting. - Wellness Retreats: Yoga, breathwork, or grief circles. The natural light and clean aesthetic are ideal for grounding energy. - Pop-Up Dinner Series: Collaborate with chefs for ticketed tasting menus. Use the adjacent flex space for prep or VIP lounge Building #1 is hardwired for internet, and the security equipment in the basement shall remain; the buyer will just need to activate services with a provider of their choice. Building #2 (1537 W Market St): A fully furnished live/work flex space with luxury vinyl plank flooring throughout. The first floor is currently being used as a casual office meeting space and can easily convert into a studio apartment. The furnished first floor includes a kitchenette and full bath. The second floor features a beautifully renovated 1-bedroom apartment with LVP flooring, quartz counters, porcelain tile, queen-size suite, and full-size stackable washer/dryer. All appliances, furnishings, and mounted TVs throughout Building #2 convey. Building #3 (Formerly 1526 Pirtle St): A detached 2-car garage included with Building #1 offers secure storage or additional income potential, ideal for the 2nd and 3rd floor apartment residents. Located in Louisville's designated Opportunity Zone, this property is a strategic investment with high-impact potential, whether you're an entrepreneur, investor, or visionary homeowner. All renovations and mechanicals were professionally permitted and upgraded to meet modern building codes. The property also features a gated security entrance, providing controlled access to the apartments or short-term rental units. This added layer of protection offers peace of mind for residents and guests, enhancing both privacy and safety while reinforcing the property's appeal for long-term tenants and Airbnb travelers alike. With flexible zoning, multiple income streams, and close proximity to 4th Street Live, Kentucky Center for The Arts, Muhammad Ali Center, KFC Yum! Center, and both Portland and Nulu's revitalization corridors, this property offers the rare combination of turnkey readiness and long-term growth potential ready to support your vision from day one. Call to schedule your private tour today!

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
85
BikeVery Bikeable

Schools

1/10
Byck Elementary SchoolGrades K-50.8 mi
1/10
4/10
Westport Middle SchoolGrades 6-89.7 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Flat,Membrane
  • Construction materials: Brick

Type & Style

  • Home type: Apartment
  • Architectural style: Traditional
  • Property subType: Apartment

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 6,852

Heating & Cooling

  • Heating features: MiniSplit/Ductless,Electric,Forced Air,Radiant
  • Cooling features: Heat Pump,Central Air

Interior Area

  • Total structure area: 6,852
  • Total interior livable area: 6,852 sqft

Property

Details

  • Parcel number: 014A01650000
  • Attached to another structure: Yes

Features

  • Exterior features: Balcony

Lot

  • Lot size: 0.36 Acres
  • Features: Corner Lot
  • Lot size dimensions: 80 x 195

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 $6,952$83,424
Home Insurance *$1,545$18,540
Property Taxes $973$11,676
Electricity $541$6,493
Total$10,011$120,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$343,234/yr
40% on housing$300,330/yr
45% on housing$266,960/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

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 40203$99
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)

No zestimate history available

Price History

DateEventPrice
2026-01-08Price change$1,375,000
2025-12-19Price change$1,450,000
2025-10-01Price change$1,525,000
2025-09-12Price change$1,575,000
2025-08-30Listed for sale$1,625,000

For Sale by Agent

AgentBarrett Goff
BrokerageAllodium Real Estate

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