222 S Peterson Ave Louisville, KY $ 395,000
222 S Peterson Ave
$ 395,000
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222 S Peterson Ave

Louisville, KY, 40206
$ 395,000
Bedrooms8 Baths3.0 Sq 3,366

Monthly Estimate*

$ 2,432

222 S Peterson Ave, Louisville, KY 40206 - Image 1

Multi-Family Home for sale in Louisville, KY

for $395,000 with 8 bedrooms and 3 full baths. This 3,366 square foot home was built in 1900 on a lot size of 0.26.

Historic 3-Plex Opportunity on One of Louisville's Most Coveted Streets. Rare opportunity to restore and reimagine a historic property in one of Louisville's most desirable and architecturally significant districts. This stately three-story brick residence, built approximately 100 years ago, sits on an exceptionally deep 50' x 224' lot and offers tremendous potential for investors, developers, or visionaries seeking a signature renovation project. Currently configured as a three-unit (triplex) property, the home retains the scale, character, and presence typical of Louisville's grand historic residences. While the property has experienced significant deferred maintenance and will require a comprehensive renovation, the structure provides an exceptional canvas for restoration, repositioning, or potential conversion back to a single-family estate, depending on buyer vision and historic district guidelines. Adding to the value is a detached rear garage with alley access, which had begun the process of being converted into a carriage house—a highly sought-after feature that could provide additional living space, guest quarters, or rental income once completed. Opportunities like this are increasingly rare: a large historic home, expansive lot, alley access, and carriage house potential all located on one of the city's most coveted streets. For buyers with vision, this property represents the chance to restore a Louisville classic and create something truly extraordinary. Property Highlights • Historic three-story brick residence (approx. 100 years old) • Currently configured as a triplex • 50' x 224' deep lot • Detached rear garage with alley access • Garage conversion started for future carriage house • Located in a highly desirable historic district • Full renovation required - exceptional redevelopment opportunity. Sold as-is.

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Multi-Family Active

Price

$ 395,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.26

Year Built

1900

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

1711355

Features
General
Heating Steam
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Fuel:Natural
Roof Shingle
HOA Fee 0
Garage Spaces 0
Architectural Style Traditional
Construction Materials Brick
Year Built 1900
Tenant Pays Electricity
Property Subtype Triplex
County Jefferson
Property Type Multi Family
HOA false
Subdivision Name NONE
Garage Y/N true
Other Structures Garage(s)
Status Active
Directions Frankfort Ave or Grinstead Dr to Street
City Louisville
Number Of Units Total 3
MLS Area 03-Clifton/Crescent Hill/St Matthews
Lot Size Units Square Feet
Lot Size Square Feet 11195
MLS Area Minor 03-Clifton/Crescent Hill/St Matthews
Standard Status Active
Tax Lot 0031
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Interior
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 3366
Total Bedrooms 8
Below Grade Finished Area 0
Total Baths 3
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Exterior
Exterior Amenities None
Lot Features Sidewalk
Water Source Public
Lot Size Area 11195
Building Area Total 3366
Lot Dimensions 50X224
Lot Size Acres 0.26
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* Excluded Features
List By
Cherokee Realty

Broker

bill.russell@iglou.com

Email

Affordability Calculator

$2,432
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,432
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2026$395,000 Listed Price

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222 S Peterson Ave, Louisville, KY, 40206 is a Multi-Family Home for sale at $395,000 with 3,366 sqft and a lot size of 0.26. 222 S Peterson Ave has 8 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 40206 which is in Louisville, KY