1529 W Market St, Louisville, KY 40203

$1,525,000

Rare multi-structure gem in Louisville's thriving Portland Opportunity Zone - No expenses were spared and no corners were cut on these building renovations! This fully renovated compound includes three distinct structures, offering unmatched flexibility for event hosting, retail, live/work, and rental income. Building #1 (1529 W Market St): A stunning… Read More 3-story transformation with a beautiful exterior mural commissioned by Louisville Public Media. Interior renovations include installation of a CMDA sprinkler system, fire-rated interior doors, and spray foam insulation throughout. The first floor is a showstopper ideal for specialty retail or hosting special events. Upstairs, two private-entry apartments feature beautiful engineered hickory hardwood floors, quartz kitchen and bath counters, top-tier GE stainless appliances, and spa-style baths with porcelain tile throughout. RETAIL CONCEPT IDEAS: -Bookstore + Self-Serve Coffee Bar: Think curated titles, local authors, and cozy nooks. Add a vintage espresso cart and soft jazz playlists...Portland meets Paris! -Boutique Clothing Studio: Feature sustainable fashion, local designers, or a capsule wardrobe concept. The arched windows make a stunning display backdrop. -Artisan Apothecary: Small-batch skincare, herbal remedies, and wellness workshops. Add a scent bar or DIY bath salt station. -Gallery + Maker Space: Rotate local art exhibits with hands-on workshops, printmaking, ceramics, or zine creation. Great for First Friday events. -Vinyl & Vintage Pop-Up: Records, retro wear, and analog nostalgia. Host listening parties or DJ sets under those pendant lights. EVENT SPACE CONCEPT IDEAS: - Silent Disco Venue: The elongated layout is perfect for immersive sound zones. Add LED floor lighting and rotating themes (90s night, Afrobeat, etc.). - Milestone Celebration Hub: Birthdays, micro-weddings, retirement parties. Offer packages with local caterers and photo booth setups. - Storytelling Salon: Host spoken word, memoir readings, or community storytelling nights. Add modular seating and moody lighting. - Wellness Retreats: Yoga, breathwork, or grief circles. The natural light and clean aesthetic are ideal for grounding energy. - Pop-Up Dinner Series: Collaborate with chefs for ticketed tasting menus. Use the adjacent flex space for prep or VIP lounge Building #1 is hardwired for internet, and the security equipment in the basement shall remain; the buyer will just need to activate services with a provider of their choice. Building #2 (1537 W Market St): A fully furnished live/work flex space with luxury vinyl plank flooring throughout. The first floor is currently being used as a casual office meeting space and can easily convert into a studio apartment. The furnished first floor includes a kitchenette and full bath. The second floor features a beautifully renovated 1-bedroom apartment with LVP flooring, quartz counters, porcelain tile, queen-size suite, and full-size stackable washer/dryer. All appliances, furnishings, and mounted TVs throughout Building #2 convey. Building #3 (Formerly 1526 Pirtle St): A detached 2-car garage included with Building #1 offers secure storage or additional income potential, ideal for the 2nd and 3rd floor apartment residents. Located in Louisville's designated Opportunity Zone, this property is a strategic investment with high-impact potential, whether you're an entrepreneur, investor, or visionary homeowner. All renovations and mechanicals were professionally permitted and upgraded to meet modern building codes. The property also features a gated security entrance, providing controlled access to the apartments or short-term rental units. This added layer of protection offers peace of mind for residents and guests, enhancing both privacy and safety while reinforcing the property's appeal for long-term tenants and Airbnb travelers alike. With flexible zoning, multiple income streams, and close proximity to 4th Street Live, Kentucky Center for The Arts, Muhammad Ali Center, KFC Yum! Center, and both Portland and Nulu's revitalization corridors, this property offers the rare combination of turnkey readiness and long-term growth potential ready to support your vision from day one. Call to schedule your private tour today! Read Less

Courtesy of Barrett Goff, Allodium Real Estate.

Listing Snapshot

Days Online

Last Updated

Nov 30, 2025

Property Type

Apartment

Beds

Square Ft.

6,852

Lot Size

0.36 Acres

Year Built

1920

MLS Number

1696821

30 Days Snapshot Of 40203

$275k

+8%

(avg) sold price

-58%

homes sold

-1%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Architectural Style: "Traditional", Building Area Source: Appraiser, Building Area Total: 6,852, Building Features: "Gated Community", "Pets Allowed", Construction Materials: "Brick", Living Area: 6,852, Number Of Units Total: 4, Year Built: 1920

Cooling

Cooling Included, Cooling: "Heat Pump", "Central Air"

Exterior Features

Features: "Balcony"

Garage

Garage Included, 2 garage spaces

Heating

Heating: "MiniSplit/Ductless", "Electric", "Forced Air", "Radiant", Heating Included

Home Owner's Association

Association Fee: $0

Lot

Features: "Corner Lot", 0.36 acres, Area: 15600, Dimensions: 80 x 195, 15,600 square feet

Property

Other Structures: "Garage(s)", Parcel Number: 014A01650000, Property Sub Type: Apartment

Roof

Roof: "Flat", "Membrane"

Sewer

Sewer: "Public Sewer"

Taxes

Tax Lot: 162 & 165

Tenant Pays

Tenant Pays: "Cable TV", "Electricity"

Utilities

Utilities: "Electricity Connected", Water Source: "Private"

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