1251 S Brook St, Louisville, KY, 40203

USD 2,950,000
For Sale

Property Details

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 0 • Bathrooms: 0 • Square Feet: 24952 • Lot/Size: 29,459 sqft lot

Description: Located in the heart of historic Old Louisville, this architecturally distinctive asset offers a rare opportunity to acquire an investment in one of the city's most character-rich submarkets. Originally constructed in 1930, the property is subject to a LIHTC program with a 60% AMI restriction set to expire in 2041, except for three units which are subject to the HOME program with a 50% AMI restriction. This provides for both stable in-place income and future upside potential. The asset underwent a comprehensive renovation in 2014, and significant capital improvements include a majority roof replacement completed in 2025. The property features a state-of-the-art access control system, enhanc

Location

Address

1251 S Brook St, Louisville, KY, 40203

City

Louisville

Features and Finishes

Year Built: 1930; [object Object]; [object Object]; [object Object]

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