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$389,000

For Sale

20 days ago

MLS® 1709465

8 Bed

1 Bath

2474 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2474 sqft
Garage Yes
Taxes 
Days Active 20
Lot Size 0.08 acres
Approx. Age 1890
Avg. Price Per Sqft $157
MLS® Number 1709465

Property Address: 1853 Bank St, Louisville, KY, 40203-1274

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to Historic Portland! This classic two-story triplex has been fully remodeled and is rent-ready, offering a strong opportunity for both investors and owner-occupants. Each unit features LVP flooring throughout, fully equipped kitchens, and washer and dryer hookups, providing the modern amenities today's residents expect. The building includes two 3-bedrooms, 1-bath units and one 2-bedroom, 1-bath unit, all with generously sized bedrooms, ample closet space, and functional layouts designed for comfortable living. A detached 2-car garage adds additional value and tenant appeal. Based on current HUD rental rates, the property has a projected gross monthly income of $3, 500 to $4, 000 once fully leased, making it a strong cash-flowing asset. The property is zoned C-1 Commercial, creating flexibility for mixed-use or alternative investment strategies. A rear yard area offers the potential to be fenced for added privacy and outdoor enjoyment for residents. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major expressways, this property delivers both comfort and accessibility in one of Louisville's most historic neighborhoods.
MLS® Number1709465
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageYes
Approx. Age1890
Basement
Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 20, 2026List Date
$389,000List Price
  • Commute

Commute

Starting Address
Destination Address
1853 Bank St, Louisville, KY

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