Listing provided courtesy of RE/MAX Results- MLS# 1716716MLS ProviderSource MLS Verified

1321 S 1st StLouisville, KY 40208

Multi-Family · 5 Beds · 3,510 Sq. ft.
$422,000 Active

1321 S 1st St Overview

Time on Site:
53 days
Visits:
1

Attention investors or owner occupants. This 3500 Sq. Ft. circa 1900 Victorian was converted into 4 apartments likely back in the 1950's. The current owner purchased the property in 2011 which needed a full gut and rebab, and that's exactly what they did, from new plumbing, electrical, kitchens & bathrooms were renovated to create very nice units. This is a great block of 1st St. that is primarily single-family homes and condos. #1, the 1st floor unit is 1200 Sq. Ft. with 2 bedrooms, living room, kitchen, full bath and is currently rented for $985.00. The 2nd floor has 2 units, Unit #2 is a studio and is rented for $650, Unit #3 is a spacious 1 bedroom & rented for $825. #4 is on the 3rd floor with 1035 Sq. Ft. with 2 bedrooms, a large living room and kitchen along with laundry hook-ups rented at $995. There is a separate laundry room on the back of the home for the tenants. There is an older frame 2-car garage with 722 Sq. Ft. at the rear of the property with 2 doors and tons of storage. Garage space has been rented in the past. The current management company uses the RUBS (Ration Utility Billing System) to collect utility expenses.

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1321 S 1st St Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,510
  • Price/Sq.ft. $120

Details

General

Association/HOA

  • Association: false

Building Information

  • Year Built: 1890

Location/Region

  • County Or Parish: Jefferson
  • MLS Area Major: 01-Dtwn Old Louisville/Shively/West Lou
  • MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou
  • Subdivision Name: OLD LOUISVILLE

General Information

  • Parcel Number: 08032F00650000
  • Property Sub Type: Quadruplex
  • Property Type: Multi Family

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: true

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Above Grade Finished Area: 3510.0
  • Building Area Source: Other
  • Building Area Total: 3510.0

General Information

  • Basement: false
  • Living Area: 3510.0

Exterior

Lot Information

  • Lot Features: Sidewalk
  • Lot Size Dimensions: 35.25X200
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Wood Frame,Brick,Stone
  • Roof: Composition

General Information

  • Exterior Features: None
  • Number Of Units Total: 4
  • Other Structures: Outbuilding
  • Utilities: Electricity Connected,Fuel:Natural

1321 S 1st St Neighborhood

Community

40208 (Louisville) Demographics

22
Median Age
6,172
Population Density (per sq. mile)
35%
College Educated
$30,559
Estimated Median Income
1,283
Estimated Total Home Owners
3,956
Estimated Total Renters
24% / 76%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1321 S 1st St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1321 S 1st St Market Data

Based on the last 30 days in this zip code

$237,330
Average List Price
$162
Average Price per Square Foot
14
Properties Sold
77
Average Days on Market
50
Properties for Sale
Calculations provided by Reliance Network

1321 S 1st St History

Date Event Value Agent
6/19/2026Source: Louisville MLS Price Reduction
$422,000 -2.2%
5/8/2026Source: Louisville MLS Added to Database
May 08, 2026