947 E Madison St

This fully renovated three-story brick building features three updated residential units above a flexible ground-floor commercial space, creating multiple income streams. Renovations include new roof, new mechanical systems, updated plumbing and electrical, and modern kitchens and baths throughout. A clean, dry, fully renovated basement provides additional storage and operational space. Ideal for investors seeking immediate income or owner-occupants looking to live in one unit while renting the others. Prime location in a high-growth corridor near dining, entertainment, and ongoing development. HIGHLIGHTS: - Prime location near NULU; Just steps from top restaurants, shopping, and Louisville's fastest-growing cultural district - 3-story brick building with classic charm and fully modernized interiors - Three renovated residential units with updated kitchens, baths, and finishes - Versatile ground-floor commercial unit ideal for retail, office, studio, or long-/short-term rental income - Completely turnkey; FULL Renovation w/brand-new roof, new mechanicals, updated plumbing and electrical - Fully Renovated full-service basement; Clean, dry, and great for storage or operations - Flexible income potential; From commercial uses, to long-term leases, short-term rentals, or an owner-occupant setup - High-growth area surrounded by new development and strong rental demand - Low-maintenance investment with all major systems replaced - Rare multi-unit opportunity in a sought-after, centrally located Louisville neighborhood SEE AGENT FOR DETAIL