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$149,999
For sale

1031 Queen AveLouisville, KY 40215

2 beds3 baths1,360 sq ft1925 built

Triplex · 1 day on market · MLS# 1733587

About this home

Investor Opportunity Near Churchill Downs! This triplex offers an excellent opportunity for investors looking to expand their real estate portfolio in a highly desirable location. The property features two 1-bedroom apartments and one studio unit, providing strong rental income potential. Several updates have already been completed, including flooring and fresh paint, while additional improvements offer the perfect chance to add value and maximize returns. All three units are currently vacant, making it easy to renovate and prepare for new tenants immediately. Location is the true highlight of this property — situated just moments from Churchill Downs, this property benefits from exceptional proximity to one of Louisville's most iconic destinations. The potential for long-term rental income or event-driven demand creates exciting possibilities for the next owner. Property sold AS IS with absolutely no warranties expressed written or implied. Buyer to verify any and all information or lack of information including but not limited to square footage, lot size, utilities, zoning, comparables, # of beds, # of bath, etc.

Home details

Property type
Triplex
Status
For sale
MLS #
1733587
Price per sq ft
$110
Days on market
1
Year built
1925
Living area
1,360 sq ft
Lot size
0 sq ft
Bathrooms
3
Heating
Other
Cooling
None
Construction
Aluminum Siding
Roof
Shingle
Style
Other
Subdivision
QUEEN ADD
MLS area
01-Dtwn Old Louisville/Shively/West Lou
County
Jefferson
HOA
None
Water
Public

Features

Exterior

  • None

Patio & porch

  • Deck
  • Porch

Utilities

  • None

Estimated monthly payment

Principal & interest: — / month

Estimate only. Excludes taxes, insurance, HOA dues and PMI. Rates change daily; use your actual quote. Ryan can connect you with local lenders if you want a real number.

Location

Listing courtesy of DREAM J P Pirtle REALTORS, Derrick Stewart. MLS# 1733587. Data provided by Greater Louisville Association of REALTORS® (APEX MLS). As of Nov 2, 2026.

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Listing information is provided courtesy of the Greater Louisville Association of REALTORS® (APEX MLS) via Internet Data Exchange (IDX) and is updated throughout the day. Not every MLS listing is available through IDX. All information is deemed reliable but not guaranteed and should be independently verified. Listings include the name of the listing brokerage. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated Nov 2, 2026.