Historic Victorian Home – 5 Bedrooms, 3 Baths, Income Potential

ByUnited States

A Grand 3-Story Victorian in the Heart of Old Louisville

Welcome to a rare opportunity to own a timeless Victorian masterpiece in one of the most iconic historic districts of Louisville. Located at 227 E Ormsby Ave, this stunning 3-story home built in 1900 combines historic elegance, generous living space, and exceptional potential.

Priced at $339,900, this 5-bedroom, 3-bathroom residence offers 2,858 square feet of character-filled living space on a 9,583 sqft lot, making it a standout property for buyers seeking both charm and opportunity.

Timeless Victorian Architecture with Stunning First Impressions

From the moment we step inside, the home makes a powerful statement. The centerpiece is a grand, eye-catching staircase that immediately captures attention and sets the tone for the entire residence.

Throughout the home, we find:

  • Classic Victorian architectural details
  • High ceilings that enhance space and light
  • Elegant proportions and historic charm
  • A layout that reflects both grandeur and functionality

This is the kind of home that tells a story—rich in history and ready for its next chapter.

Spacious Interior with Flexible Living Options

With five bedrooms and three full bathrooms, this home provides a layout that is both practical and versatile.

Interior Highlights:

  • 🛏 5 Bedrooms – Ideal for families, guests, or workspace
  • 🛁 3 Full Bathrooms – Comfort and convenience across all levels
  • 🏡 Multiple living areas for entertaining or relaxation
  • 🌞 Abundant natural light throughout

The layout allows us to easily adapt the space for:

  • Multi-generational living
  • Home office or studio use
  • Creative redesign or modernization

Third-Floor Apartment – Built-In Income Potential

One of the most valuable features of this property is the third-floor apartment, offering a unique and flexible space.

This area is perfect for:

  • 👨‍👩‍👧‍👦 An older child or private guest suite
  • 💼 A home office or studio
  • 💰 Rental income opportunity

This added functionality significantly increases the home’s value and long-term potential.

Recent Updates – A Strong Foundation to Build On

The home has already seen important improvements, giving buyers a head start on restoration or customization.

Recent Upgrades Include:

  • 🎨 New paint in several areas
  • 🔧 Updated plumbing
  • 💡 Modern light fixtures

These updates provide a solid base, allowing us to focus on enhancing the home’s historic beauty while adding modern touches.

Outdoor Living – Private Yard and Brick Patio

The exterior space is just as appealing as the interior.

Outdoor Features:

  • 🌳 Fully fenced yard for privacy and security
  • 🧱 Spacious brick patio perfect for entertaining
  • 🌿 Room for gardening or landscaping

This outdoor setting offers a peaceful retreat in the middle of the city—ideal for gatherings or quiet evenings.

Prime Location in Old Louisville’s Historic District

Situated in the heart of Old Louisville, the home is surrounded by:

  • Beautiful Victorian architecture and tree-lined streets
  • A vibrant, historic community atmosphere
  • Close proximity to Central Park
  • Easy access to downtown, dining, and cultural attractions

Old Louisville is one of the largest preserved Victorian districts in the United States, making this location highly desirable.

A Rare Opportunity to Restore and Add Value

This property offers incredible potential for buyers who want to:

  • Restore a historic home to its full glory
  • Customize a unique living space
  • Create an income-producing property

With its size, layout, and location, this home is perfectly positioned for value appreciation through thoughtful updates.

Why This Property Stands Out

This Victorian home offers a powerful combination of:

  • Historic charm from 1900
  • 5-bedroom, 3-bath layout
  • Third-floor apartment with income potential
  • Recent upgrades already completed
  • Private yard and outdoor entertaining space
  • Prime location in Old Louisville

Properties like this—rich in character and opportunity—are increasingly rare in today’s market.

Property Details

  • 💲 Price: $339,900
  • 📍 Address: 227 E Ormsby Ave, Louisville, KY 40203
  • 🛏 Bedrooms: 5
  • 🛁 Bathrooms: 3
  • 📐 Living Space: 2,858 sqft
  • 🏗 Year Built: 1900
  • 🌳 Lot Size: 9,583.2 sqft
  • 🏡 Style: Victorian / Historic
  • 💰 Bonus: Third-floor apartment (income potential)
  • 🔧 Updates: Paint, plumbing, lighting

From Zillow

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