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About This Home

This 2-bedroom, 3-bathroom residential multi family at 1031 Queen Ave in Louisville, KY is listed for $250,000 ($184 per sqft). Built in 1925, the home offers 1,360 sqft of living space on a N/A lot.

Agent Description

Investor Opportunity Near Churchill Downs! This triplex offers an excellent opportunity for investors looking to expand their real estate portfolio in a highly desirable location. The property features two 1-bedroom apartments and one studio unit, providing strong rental income potential.

Several updates have already been completed, including flooring and fresh paint, while additional improvements offer the perfect chance to add value and maximize returns. All three units are currently vacant, making it easy to renovate and prepare for new tenants immediately.

Location is the true highlight of this property - situated just moments from Churchill Downs, this property benefits from exceptional proximity to one of Louisville's most iconic destinations. The potential for long-term rental income or event-driven demand creates exciting possibilities for the next owner.

Property sold AS IS with absolutely no warranties expressed written or implied. Buyer to verify any and all information or lack of information including but not limited to square footage, lot size, utilities, zoning, comparables, # of beds, # of bath, etc.

Key Features

  • Built in 1925

Property Details

3 full
1925

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

1031 Queen Ave

Louisville, KY 40215

Property Details

Construction

Aluminum Siding

Pool Features

PorchDeck

Questions & Answers

This 2-bedroom, 3-bathroom residential multi family at 1031 Queen Ave is listed at $250,000 ($184/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.

Key features include: Built in 1925.

This property is listed by Derrick Stewart and can be reached at 5023149868 or derrick@jppirtle.com.

DS

Derrick Stewart

Agent at DREAM J P Pirtle REALTORS

(502) 314-9868

Listed by DREAM J P Pirtle REALTORS · View on Broker Site

MLS# 1718253· Source: listhub· Updated 10 days ago

Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1031 Queen Ave, Louisville, KY 40215

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