1122 Garvin Pl, Louisville, KY, 40203
About This Home
The Old Louisville Flats. This 32-unit apartment building represents a highly desirable, historically stable asset class with significant value-add potential. Long-term family ownership means pride in ownership with this extremely well-cared-for property. Property Overview & Investment Highlights 32 one-bedroom apartments plus one bonus on-site manager's space in the basement. Located in the historic Old Louisville area, known for its high density of Victorian architecture and strong tenant demand driven by proximity to the University of Louisville, Spalding University, and downtown employment hubs. Value-Add Potential: The "upside in rents" indicates an opportunity to implement easy upgrades to capture market-rate premiums. On-site laundry facilities provide immediate auxiliary income and serve as a vital amenity for the tenants.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1961
Materials
- Roof: Membrane
- Construction materials: Concrete,Block,Stucco
Type & Style
- Home type: Apartment
- Architectural style: Other
- Property subType: Apartment
Interior
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
Features
- Finished area below ground: 3,496
- Finished area above ground: 13,908
Heating & Cooling
- Heating features: Natural Gas,Steam
- Cooling features: Other,Wall/Window Unit(s)
Interior Area
- Total structure area: 13,908
- Total interior livable area: 17,404 sqft
Property
Details
- Parcel number: 08029K00260000
- Attached to another structure: Yes
Features
- Exterior features: Balcony,None
Lot
- Lot size: 0.48 Acres
- Features: Sidewalk
- Lot size dimensions: 105 x 200