Kentucky / Louisville / 40203 / 1225 South 6th Street

1225 South 6th Street

Q: What is the asking price for 1225 South 6th Street in Louisville?

The asking price for 1225 South 6th Street is $940,000

Q: What is the building size of this Multifamily property in Louisville, KY?

The size of the building/unit at 1225 South 6th Street in Louisville is 8,589 square feet.

Q: How much land does the Louisville, KY property at 1225 South 6th Street include?

1225 South 6th Street in Louisville includes 0.280 acres of land.

Q: What is the population within 1 mile of 1225 South 6th Street?

The population within 1 mile of 1225 South 6th Street Louisville, KY 40203 is 19,836 people.

Q: Who do I contact for questions about 1225 South 6th Street?

You should contact the listing agent, Kathy Hinkebein, for any details regarding this commercial listing.

Louisville, KY 40203

Listing ID: 196785

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1225 South 6th Street Louisville, KY 40203 | for Sale | Photo 1

Building Size: 8,589 SF

Lot Size: 0.280 AC

Land Size: 12,196 SF

Building $/SF: $109.44

Land $/SF: $77.07

Price

$940,000

Description

This 100% occupied 16-plex in Old Louisville is immaculately maintained and stays fully leased with very little turnover. The offering includes 1225 S. 6th St and 1223 S. 6th St, which is the parking lot (19 spaces) for the building. Conveniently located with ease of access to downtown, the property is situated between U of L and Spalding University, with a 1 mile commute to each. Central Park, Buck's, and other popular destinations are also in very close proximity. Eight studio apartments occupy the original building and eight one bedroom units complete the property in the 1973 addition on the back. Coin laundry and secure storage in basement.
Excellent value-add opportunity for the new owner by bringing rents up to market value and implementing lease adjustments.
Contact Listing Agent for financials and additional information about the property.

Attachments & Files

anonymousreport2021-02-17123805531-BTT-9AZ.pdf

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Louisville History of Multifamily Housing for Sale

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Listing Demographics for 1225 South 6th Street Louisville, KY 40203

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		19,836	123,198	260,499
Population Median Age		35	36	38
Population by Age	0-9 Yrs	1736 (8%)	15985 (12%)	32317 (12%)
	10-19 Yrs	3230 (16%)	15875 (12%)	32126 (12%)
	20-29 Yrs	5468 (27%)	23376 (18%)	43713 (16%)
	30-39 Yrs	2256 (11%)	17309 (14%)	35579 (13%)
	40-49 Yrs	1511 (7%)	13494 (10%)	30783 (11%)
	50-59 Yrs	2201 (11%)	15935 (12%)	35742 (13%)
	60-69 Yrs	1930 (9%)	12304 (9%)	28675 (11%)
	70+ Yrs	1503 (7%)	8920 (7%)	21566 (8%)

Median HH Income		$21,664	$31,487	$37,610
Total Household Income	< 24K	4949 (54%)	21453 (42%)	37888 (34%)
	25-49K	2407 (26%)	13537 (26%)	29299 (27%)
	50-74K	707 (7%)	7129 (13%)	17042 (15%)
	75-99K	435 (4%)	3751 (7%)	9514 (8%)
	100-199K	396 (4%)	4417 (8%)	11749 (10%)
	200K+	138 (1%)	786 (1%)	2796 (2%)

Highest Education Level	No Diploma	1777	13097	25256
	Diploma or GED	2762	24147	51965
	Some College	2993	19916	41875
	Assoc. Degree	644	4822	11138
	Bachelors Degree	1347	9824	25158
	Higher Degree	1495	7409	19084

Total Housing Units		11,092	62,392	128,295
--Owner-Occupied		1,426	18,688	50,099
--Renter-Occupied		7,606	32,384	58,189
Owner-Occupied Values	< 100K	618	9208	21007
	100-199K	370	5975	17123
	200-299K	247	2052	5621
	300-399K	37	513	2762
	400-499K	5	376	1418
	500K+	150	564	2169

Total Working Age Population		17,334	99,162	210,605
In Work Force		10,424	60,074	132,436
Not In Work Force		6,911	39,087	78,168
Workforce Employed		9,413	53,822	120,598
Workforce Unemployed		1,010	6,190	11,739
Civlian Workforce		10,424	60,012	132,337
Military Workforce		0	62	100

Total Households		9,032	51,072	108,288
Family Households		2,412	23,411	53,981
Non-Family Households		6,620	27,661	54,308
Married Couple		977	10,345	28,631
Other Family		1,435	13,067	25,350
Married w/Child		162	3,190	9,442
Single Male w/Child		147	1,276	2,301
Single Female w/Child		774	6,174	11,378

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Indiana	6,080,485	+7	6,483,802	+4	6,738,573	+4	7,014,880
Floyd County	70,823	+5	74,578	+6	78,826	+3	81,345
Clark County	96,472	+14	110,232	+9	119,944	+8	129,070
Kentucky	4,041,769	+7	4,339,367	+4	4,533,464	+4	4,726,382
Jefferson County	693,604	+7	741,096	+7	790,010	+6	837,477

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1225 South 6th Street in Louisville?

The asking price for 1225 South 6th Street is $940,000

What is the building size of this Multifamily property in Louisville, KY?

The size of the building/unit at 1225 South 6th Street in Louisville is 8,589 square feet

How much land does the Louisville, KY property at 1225 South 6th Street include?

1225 South 6th Street in Louisville includes 0.280 acres of land

What is the population within 1 mile of 1225 South 6th Street in Louisville?

The population within 1 mile of 1225 South 6th Street Louisville, KY 40203 is 19,836 people.

Who do I contact for questions about 1225 South 6th Street?

You should contact the listing agent, Kathy Hinkebein, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Louisville Muhammad Ali International Airport (SDF)	4
Blue Grass Airport (LEX)	64
Cincinnati Northern Kentucky International Airport (CVG)	82