Pending
1403 E Breckinridge St
Louisville KY, 40204
$355,000
$147.92 per sqft
Pending
4 Beds
2 Baths
2,400 sqft
Multi-family
Discover 1403 East Breckinridge Street, a historic duplex in the heart of Louisville's coveted Original Highlands. Featuring two generously sized, 1,200-square-foot, 2-bedroom units, this duplex boasts original heart-pine hardwood floors, elegant pocket doors, and decorative fireplaces. With high ceilings, large closets, and light-filled rooms, it offers the perfect balance of historic character and modern livability. Outside, enjoy a welcoming front porch, a tranquil rear patio, and a deck with breathtaking city and sunset views.
This property is ideally located within walking distance (2 blocks) to tons of restaurants, cafes, and shopping; but sits just far enough away from these business corridors to retain a quiet, ''residential'' vibe. The home blends timeless charm, remarkable flexibility, and outstanding potential for families, investors, and those seeking a one-of-a-kind opportunity.
The possibilities are limitless. For investors, the lower unit has a proven track record, generating over $2,000 per month in the past as a short-term rental. The owner has occupied the upper unit, but this unit would also generate at least $2,000+ per month as a short-term rental (as upper unit is the same size and condition as the lower unit).
With some updates - including finishing the nearly-completed 3rd floor unit (dormers have been built out, framing, insulation, electrical and plumbing are already in place) - monthly rental income would immediately be $5,000+ for a short-term rental situation and at least $3,600 for a long-term rental situation. It's an ideal setup for families looking to offset college housing costs, those needing an "in-law" suite, or anyone seeking a live-and-rent opportunity. Alternatively, the duplex could be transformed into a stunning single-family home with over 3,000 square feet of living space.
While the property is being sold as-is and some maintenance remains, there have been many substantial updates completed to plumbing, windows, bathrooms, laundry rooms, and a recently refinished original heart-pine floor, plus MANY more updates; providing a strong foundation for you to create your dream home and/or a cash-producing investment property. Priced under $150 per square footfar below neighborhood averages and assessed values on PVA, Zillow, and Redfinthis home represents an exceptional opportunity to build equity and cash flow in a prime location.
This property was always billed on Airbnb as "Best Location In Louisville" as it is 12 minutes from the airport, 5 minutes to downtown, 2 blocks to Bardstown/Baxter Business Corridor, 2 blocks to Wilishire pantry and the Barret Ave Business Corridor, 2 minutes to NULU, and less than a mile to Cherokee Park, Tyler Park, Historic Cave Hill Cemetery, and The Frankfort Avenue Business Corridor.
Whether you're seeking a high-performing investment, a multigenerational living solution, or a spacious family home, this property delivers unmatched value.
1680176
MLSⓇ ID
February 19, 2025
Listed
March 7, 2025
Updated
Interior Features
Bedrooms
4
Total Bathrooms
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.09 Acres
Exterior Features
None
Lot Features
Sidewalk
Roof
Asphalt
Other Property Details
Area Name
02-Butchertwn/Hghlnds/Germantwn
Garage
No
View
No
County
Jefferson
Water Source
Public
Pool
No
Utilities
Electricity Connected, Fuel:Natural
Listing History
Date | Event | Price |
---|---|---|
3/7/2025 | Pending | — |
2/24/2025 | Under contract | — |
Courtesy of Fry Realty Collective, Zach Fry,
Listing Contact: [email protected]
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Greater Louisville Association of REALTORS held by brokerage firms other than Laura Rice are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Laura Rice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 3:37 PM UTC, 3/7/2025