1 - Downtown / Old & West Louisville / Shively Homes under $150,000

1 - Downtown / Old & West Louisville / Shively Homes under $150,000

Welcome to the vibrant heart of Louisville, where the charm of Downtown, the historic allure of Old Louisville, and the welcoming community of Shively come together to create a unique living experience. This diverse region is a tapestry of culture, history, and modern convenience, making it an ideal place for homebuyers seeking both value and character.

Downtown Louisville is a bustling hub filled with eclectic shops, trendy restaurants, and a rich arts scene. Here, residents enjoy the convenience of city living while being just steps away from the famous Waterfront Park, where breathtaking views of the Ohio River await. Old Louisville, known for its stunning Victorian architecture and tree-lined streets, offers a glimpse into the city’s rich past. The neighborhood is perfect for those who appreciate history, with beautiful parks and local festivals that celebrate its heritage.

Shively, a close-knit community just a stone’s throw from downtown, provides a more suburban feel while still being conveniently located. It’s an excellent choice for families and individuals seeking affordable housing options without sacrificing access to the city’s amenities.

For homebuyers on a budget, this region shines with an array of homes priced under $150,000. Whether you’re looking for a cozy bungalow in Old Louisville or a charming ranch in Shively, there are plenty of opportunities to find your dream home without breaking the bank. With its rich history, vibrant neighborhoods, and affordable housing options, Downtown, Old Louisville, and Shively are truly gems of Jefferson County, KY. Come explore the possibilities today!

Newest 1 - Downtown / Old & West Louisville / Shively Homes under $150,000

1458 S 8th St, Louisville
$65,000
2 Beds ⋅ 1 Baths ⋅ 1731122 MLS
Priced to sell! Move in ready two bedroom home, minutes to UofL. This could be a great first home or cash flowing investment property that meets the 1% rule. House has updated plumbing, fenced yard with shed and patio, newer kitchen and bathroom, flooring, paint, two newer windows, and more! Schedule your showing today!

1458 S 8th St, Louisville
1140 S 1st St Unit 1, Louisville
$115,000
1 Beds ⋅ 1 Baths ⋅ 1731056 MLS
Experience the timeless charm of Old Louisville in this beautifully maintained 1-bedroom, 1-bath condominium, First Place Condo, where historic Victorian architecture meets comfortable, low-maintenance living. Soaring ceilings and tall windows fill the unit with abundant natural light, while two decorative fireplaces add character and a nod to the building's rich history. Freshly painted throughout, the amenities include an in-unit washer and dryer, additional storage, and a functional layout that makes the most of the home's impressive ceiling height and architectural details. Enjoy the neighborhood from the covered front porch, plus the convenience of a dedicated parking space in the rear. The affordable $171.86 monthly maintenance fee covers water, sewer, trash, exterior maintenance, and groundskeeping, making ownership simple and convenient. Pets and rentals are permitted, offering flexibility for both homeowners and investors. Ideally situated among the historic streets and distinctive architecture of Old Louisville, this condo offers an opportunity to own a piece of Louisville history without the upkeep of a traditional Victorian home. Not FHA or VA approved.

1140 S 1st St Unit 1, Louisville
2324 Magazine St, Louisville
$134,900
4 Beds ⋅ 2 Baths ⋅ 1731026 MLS
This move-in-ready 4-bedroom, 1.5-bath home offers comfortable living and promising long-term potential with its R6 zoning. Recent improvements include fresh paint, new flooring throughout, and new drywall in select areas. The refreshed kitchen features new cabinetry, countertops, and a modern sink, while both bathrooms have been updated with contemporary finishes. With its spacious layout and potential for future multifamily use, this turnkey property is an appealing choice for homeowners and investors alike.

2324 Magazine St, Louisville
116 N 44th St, Louisville
$149,900
4 Beds ⋅ 2 Baths ⋅ 1731024 MLS
Investor opportunity at a new price! Tenant-occupied and professionally managed, this 4-bedroom, 1.5-bath rental is currently generating $1,495/month with a lease secured through February 28, 2027. Enjoy immediate rental income and a stable tenant from day one. Potential seller financing may provide added flexibility for qualified buyers. A turnkey investment with established income, professional management, and strong portfolio potential. New price and seller financing potential make this property worth a closer look.

116 N 44th St, Louisville
3224 Kirby Ave, Louisville
$79,900
3 Beds ⋅ 1 Baths ⋅ 1731003 MLS
This home is a 3 bedroom 1 bath that has had many recent updates. There is a nice size living room with fireplace, three bedrooms, kitchen, laundry room and full bath. Newer laminate flooring and fresh paint. The exterior features and covered front porch and fenced backyard with coevered patio and garage that can be accessed from the rear alley.

3224 Kirby Ave, Louisville
2108 Wilson Ave, Louisville
$50,000
2 Beds ⋅ 1 Baths ⋅ 1730986 MLS
Priced to sell, this updated 2-bedroom, 1-bath home offers immediate rental income with a one-year lease already in place. Well maintained and tenant occupied, it's a turnkey investment with minimal oversight—an appealing addition to any portfolio.

2108 Wilson Ave, Louisville
727 Louis Coleman Jr Dr, Louisville
$100,000
3 Beds ⋅ 2 Baths ⋅ 1730948 MLS
Welcome to 727 Louis Coleman Jr. Dr., a spacious 3-bedroom, 1.5-bath two-story home offering approximately 1,292 sq. ft. of living space. Recent improvements include fresh paint and new luxury vinyl plank flooring, creating a clean and inviting interior. The home features a functional layout, central air, natural gas heat and an unfinished basement providing excellent storage or future-use potential. Enjoy the privacy of a fenced yard and the convenience of being located near shopping, dining, schools, major roadways and downtown Louisville. Whether you're a first-time buyer, growing family or investor, this property offers an excellent opportunity to own a versatile home in Louisville's 40211 area. Schedule your showing today!

727 Louis Coleman Jr Dr, Louisville
309 N 33rd St, Louisville
$109,500
3 Beds ⋅ 1 Baths ⋅ 1730921 MLS
Freshly remodeled 3 bedroom 1 bath home in a quiet neighborhood. Beautiful original hardwood floors, double hung tilt in windows, new roof and fenced front and rear yard with off street parking in the back. Perfect for 1st time buyers or investors expanding their portfolio. Motivated Seller, bring all offers. House sold As Is but inspections are welcomed.

309 N 33rd St, Louisville
3617 Herman St, Louisville
$39,900
2 Beds ⋅ 1 Baths ⋅ 1730918 MLS
Investor alert—opportunity is knocking in Louisville's growing 40211 corridor. Whether your strategy is fix-and-flip, buy-and-hold, or adding a cash-flowing rental to your portfolio, this is a chance to capitalize on one of Louisville's most affordable entry points with strong upside. The 40211 market continues to attract attention for its revitalization potential, accessible price points, and steady demand for quality housing—making this an ideal project for investors ready to unlock value. Bring your vision, run your numbers, and turn this investor special into your next smart move.

3617 Herman St, Louisville
4422 S 8th St, Louisville
$150,000
4 Beds ⋅ 1 Baths ⋅ 1730881 MLS
Welcome home to your recently updated Kitcheen in this Cape Cod home! Spacious kitchen with room to gather around the dining table, LVP flooring throughout the main level, a newer renovated bathroom with walk in shower, and access to both the upstairs and basement. Outside your fenced yard has plenty of room to play games, or relax with the family. The Garage is well maintained and keeps your car snow free this winter! Book your showing today!

4422 S 8th St, Louisville
130 N 46th St, Louisville
$85,000
2 Beds ⋅ 1 Baths ⋅ 1730802 MLS
ATTENTION INVESTORS!! NEW PRICE!! Be sure to check out this wonderful 2 bedroom 1 bath home with LVP flooring throughout, large fenced in backyard, NEW FURNACE AND AC in 2022 and a private drive with carport! Currently rented for $1070 per month/Section 8 approved. Don't miss this one... BOOK YOUR SHOWING TODAY!

130 N 46th St, Louisville
119 Northwestern Pkwy, Louisville
$139,000
4 Beds ⋅ 2 Baths ⋅ 1730779 MLS
Welcome to the Parkway! This spacious 4-bedroom, 1.5-bath home is ready for its next owner and full of potential. Located in one of West Louisville's most desirable areas, this property is just minutes from Shawnee Park and the scenic Ohio River. Inside, you'll find original hardwood floors throughout much of the home, adding timeless character and charm. The first floor features a welcoming foyer, cozy living room, formal dining area, kitchen, and a large family room offering plenty of space for gathering and entertaining. Upstairs, the original hardwood flooring continues throughout all four spacious bedrooms. Large windows provide abundant natural light, while several bedrooms offer generous walk-in closets. A full bathroom is also located on the second level. Additional features including an unfinished basement with excellent storage potential or the opportunity to finish for additional living space in the future. This property is ideal for an investor searching for their next project or an owner-occupant ready to build equity with a little vision and TLC. Major updates include a newer roof and HVAC system, both installed in 2025. Don't miss the opportunity to own a classic Parkway home with incredible potential in a prime location. 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.

119 Northwestern Pkwy, Louisville
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