7-Unit Student Housing Investment Steps from University
1829 S 3rd St
Louisville, KY 40208
Description
This meticulously maintained 7-unit student housing apartment building is situated right on the edge of campus, making it a prime investment opportunity. Located within a 10-minute walk to the majority of the University of Louisville's academic buildings and just a mile from Cardinal Stadium and other athletic complexes, the property is highly popular with UofL students and staff.
Adding to its appeal, a 200,000 SF university project sits directly across the street, offering tenants convenient access to food, retail, and other amenities. Each unit includes a private off-street parking space — a rare and valuable perk in this area — ensuring high demand and consistent occupancy.
The current owners have diligently maintained the 5,551 SF property, upgrading plumbing, HVAC systems, and water heaters as needed over the years. Offering dependable occupancy and immediate returns, this property is well-suited for first-time buyers or seasoned investors seeking to diversify their holdings.
Located within a 10-minute walk to the majority of the University of Louisville's academic buildings and just a mile from Cardinal Stadium