1403 E Breckinridge St, Louisville, KY 40204

$355,000

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… Read More 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. Read Less

Courtesy of Zach Fry, Fry Realty Collective.

Listing Snapshot

Days Online

Last Updated

Apr 3, 2025

Property Type

Duplex

Beds

Square Ft.

2,400

Lot Size

0.09 Acres

Year Built

100

MLS Number

1680176

30 Days Snapshot Of 40204

$316k

-36%

(avg) sold price

homes sold

+41%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Building Area Source: Other, Building Area Total: 2,400, Construction Materials: "Wood Frame", Living Area: 2,400, Number Of Units Total: 2, Year Built: 100

Cooling

Cooling Included, Cooling: "Central Air", "Wall/Window Unit(s)"

Exterior Features

Features: "None"

Heating

Heating: "Forced Air", "Natural Gas", Heating Included

Home Owner's Association

Association Fee: $0

Lot

Features: "Sidewalk", 0.09 acres, Area: 3900, Dimensions: 130x28.5, 3,900 square feet

Owner Pays

Owner Pays: "See Remarks"

Property

Parcel Number: 09021K02240000, Property Sub Type: Duplex

Roof

Roof: "Asphalt"

Sewer

Sewer: "Public Sewer"

Taxes

Tax Lot: 0224

Tenant Pays

Tenant Pays: "Cable TV", "Electricity", "Gas", "Sewer", "Water", "See Remarks"

Utilities

Utilities: "Electricity Connected", "Fuel:Natural", Water Source: "Public"

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