About This Home
This 3-bedroom, 3-bathroom multi-family at 1661 Story Ave in Louisville, KY is listed for $455,000 ($171 per sqft). Built in 1875, the home offers 2,667 sqft of living space on a N/A lot.
Key Features
- Built in 1875
Property Details
Amenities
Welcome to 1661 Story Avenue, an exceptional investment opportunity in the heart of Louisville's vibrant Butchertown neighborhood. Rich in historic character and loaded with future potential, this all-brick duplex sits on a rare oversized lot with ample off-street parking and an additional outbuilding for storage or workspace.
Offering approximately 2,667 square feet, the property features a spacious first-floor unit with the flexibility of two or three bedrooms and two full baths, while the second-floor unit offers a generously sized one-bedroom, one-bath layout. Each unit is separately metered for LG&E, providing convenience for investors and future tenants alike.
The property is ideally suited for renovation, value-add improvements, or long-term income generation. Major updates have already been completed, including a new roof (2019), two HVAC systems (2018), two water heaters (2017), updated kitchens, and renovated bathrooms, allowing the next owner to focus on completing the vision.
Adding to its appeal, the property's R-7 zoning and residual land create exciting possibilities for future development or expansion, making it a standout opportunity in one of Louisville's fastest-growing urban neighborhoods. Just minutes from downtown, the Louisville Waterfront, NuLu, award-winning restaurants, breweries, and local entertainment,
1661 Story Avenue offers the perfect combination of historic charm, modern investment potential, and an unbeatable location. Whether you're looking to add to your investment portfolio, complete a renovation project, or capitalize on future development opportunities, this Butchertown property is full of possibilities.
Monthly Cost Estimate
$2,433/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1661 Story Ave
Louisville, KY 40206
Property Details
Construction
Heating
Cooling
Questions & Answers
This 3-bedroom, 3-bathroom multi-family at 1661 Story Ave is listed at $455,000 ($171/sqft). The estimated monthly payment is $2,434 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1875.
This property is listed by Keren Benabou and can be reached at 5026149899.