About This Home

This 2-bedroom, 3-bathroom multi-family at 1122 Garvin Pl in Louisville, KY is listed for $2,599,000 ($149 per sqft). Built in 1961, the home offers 17,404 sqft of living space on a 0.48 acres lot.

Key Features

  • Built in 1961
  • 0.48 acre lot

Property Details

3 full
1961

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$13,900/mo

20% down · 6.5% · 30 years

Principal$1,880
Interest$11,262
Insurance$758

Estimates only. Actual payments may vary.

Location

1122 Garvin Pl

Louisville, KY 40203

OLD LOUISVILLE

Features & Amenities

Exterior Features

Balcony

Property Details

Construction

Concrete Block Stucco

Heating

SteamNatural Gas

Cooling

Window Unit(s)Wall/Window Unit(s)

Questions & Answers

This 2-bedroom, 3-bathroom multi-family at 1122 Garvin Pl is listed at $2,599,000 ($149/sqft). The estimated monthly payment is $13,900 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1961, 0.48 acre lot. Exterior Features: Balcony.

This property is listed by William M Friel.

WF

William M Friel

Agent at Weichert, Realtors - ABG Properties

Listed by Weichert, Realtors - ABG Properties · Broker phone: (502) 694-4667 · View on Broker Site · Broker website

MLS# 1721984· Source: Greater Louisville Association of REALTORS®· 121 days on PropertySimple

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.

1122 Garvin Pl, Louisville, KY 40203

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