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1143 S 1st St, Louisville, KY, 40203

5beds
4baths
7,757sqft
$480,000
$62price/sqft
$4,109/moest. monthly cost
$164,360/yrincome needed

About This Home

Great for investors. Separately metered and on approx. 1/3 acre. This building has 8+ bedrooms and 5 full bathrooms. Capabilities are there for a 2nd floor kitchen - it is not there currently, 8 fireplaces - inoperable. Newly added large rear deck with on and off-street parking. There is over 6,000 sq. ft. of usable or rentable space. Approximately 1 mile from U of L. No sign on property. Fully leased. This property has a strong upside potential in rental income. It is ideal for both owner-occupants and investors looking to expand their portfolio with a stable tenant base and the value of prime real estate.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
90
BikeBiker's Paradise

Schools

9/10
5/10
Meyzeek Middle SchoolGrades 6-80.6 mi
1/10
Iroquois High SchoolGrades 9-124.5 mi

Construction

Condition

  • Year built: 1901

Materials

  • Foundation: Concrete Blk
  • Roof: Flat,Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: First

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Third

Bedroom

  • Level: Third

Bedroom

  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Level: First

Features

  • Finished area below ground: 1,400
  • Finished area above ground: 6,357

Full Bathroom

  • Level: First

Full Bathroom

  • Level: Second

Full Bathroom

  • Level: Second

Full Bathroom

  • Level: Third

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,357
  • Total interior livable area: 7,757 sqft

Kitchen

  • Level: First

Kitchen

  • Level: Third

Living Room

  • Level: First

Living Room

  • Level: Second

Property

Details

  • Parcel number: 030J00900000

Features

  • Stories: 3
  • Patio & porch: Deck

Parking

  • Parking features: On Street,Off Street
  • Has uncovered spaces: Yes

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

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Tornado

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 $2,427$29,124
Home Insurance *$539$6,468
Property Taxes $531$6,372
Electricity $612$7,351
Total$4,109$49,308
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$140,880/yr
40% on housing$123,270/yr
45% on housing$109,573/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

$62This 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
2025-09-23Listed for sale$480,000
2022-09-01Sold$370,000
2022-05-17Pending sale$397,500
2022-04-23Listed for sale$397,500
2022-02-09Listing removed--
2021-12-08Listed for rent$3,900
2021-03-14Listing removed--
2021-03-01Listed for rent$3,900
2020-03-09Listing removed$3,900
2019-11-18Listed for rent$3,900
2019-07-10Listing removed$4,400
2019-04-03Listed for rent$4,400
2018-10-05Sold$240,000
2018-04-06Pending sale$297,000
2018-04-02Listed for sale$297,000

For Sale by Agent

AgentRussell S Spencer
Brokeragesimpler.realestate

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