1156 S Brook St, Louisville, KY 40203

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1156 S Brook St, Louisville, KY 40203

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Listed by: Bill Menish - The Menish Group Real Estate Company, LLC

Active

est.$450,000/month.

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beds. baths. 3,501 Sqft.

Upcoming Open House

Tue, Apr 07
(12:00 PM - 2:00 PM)

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1156 S Brook St, Louisville, KY 40203

$450,000

Active

est.$450,000/month.

Start My Approval

beds baths 3,501 Sq.ft.

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Property details for 1156 S Brook St, Louisville, KY 40203

REAL ESTATE AUCTION - 4-Unit Condo Portfolio - Old Louisville. Online bidding at: InvestThroughAuction.com | Opens: April 2 at 9:00 AM | Closes: April 9 at 4:00 PM ET. Online Auction! Sells to the highest bidder at or above $450,000. Located at 1156 S Brook Street in Old Louisville, this offering includes four 2-bedroom, 1-bath condominium units sold together as a 4plex, giving investors immediate multiunit scale in a historic, intown neighborhood. The portfolio is currently configured with one longterm renter at $1,043/month and three furnished midterm units at $1,800/month each, producing about $6,400/month in gross income when fully occupied. Three units will be conveyed fully furnished, creating a turnkey setup for midterm tenants such as professionals, faculty, and medical staff, while the longterm unit provides baseline stability. Zoned TNZD in a historic district, the property may be eligible for historic tax credits on qualified improvements in roughly the $20,000-$400,000 range annually, with potential credit amounts around 30% of eligible costs, subject to program rules and buyer verification. The condo structure also creates optional future exit strategies, as an owner can hold as a unified portfolio now while preserving the flexibility to sell units individually over time. Old Louisville's historic architecture, treelined streets, and proximity to the University of Louisville, downtown, parks, and major employers support consistent demand for both longterm and midterm rentals. The walkable setting near dining, culture, and transit enhances the property's appeal to renters seeking character and convenience. This property is being sold at real estate auction with online bidding at InvestThroughAuction.com from April 2 at 9:00 AM until bids begin closing April 9 at 4:00 PM ET, with a 10% buyer's premium added to the high bid. Buyers should review all auction terms and due diligence materials and complete any inspections prior to bidding. Buyer to verify all details.

Property Description

MLS Information

Listing: 1711030
Listing Last Modified: 2026-04-01

Property Details

Standard Status: Active
MLS Status: Active
Property style: Other
Built in: 1930
Subdivision: BROOK PLACE

Geographic Data

County: Jefferson
MLS Area: BROOK PLACE
Directions: Located in the Old Louisville neighborhood

Features

Interior Features

Living area: 3501

Exterior Features

Roof type: Other

Parking

Utilities

Water: Public
Heating: None, Natural Gas

Property Information

Tax Information

Open Houses

Upcoming Open Houses

Tue, Apr 07
(12:00 PM - 2:00 PM)
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Eagan Realty Group

1156 S Brook St, Louisville, KY 40203