1 - Downtown / Old & West Louisville / Shively Homes with Unfinished Basement

1 - Downtown / Old & West Louisville / Shively Homes with Unfinished Basement

Welcome to the vibrant region of Downtown, Old & West Louisville, and Shively in beautiful Louisville, KY. Nestled in Jefferson County, this area boasts a rich history and an exciting mix of urban amenities and charming neighborhoods.

If you're in the market for a home with an unfinished basement, you're in luck! Many properties in this region feature this desirable option, providing you with the opportunity to customize and expand your living space to suit your needs.

In Downtown Louisville, you'll find a bustling city center with an eclectic mix of dining, shopping, and entertainment options. Old Louisville, known for its historic Victorian homes, offers tree-lined streets and a strong sense of community. West Louisville is a diverse and dynamic area with a mix of residential and commercial properties, providing a unique blend of urban convenience and suburban charm. Shively, a welcoming neighborhood located just southwest of Downtown, offers a more relaxed pace of life while still being close to all the action.

Whether you're looking to explore the vibrant city life or settle down in a cozy neighborhood, the region of Downtown, Old & West Louisville, and Shively has something for everyone. Don't miss the opportunity to find your dream home with an unfinished basement in this dynamic and thriving area.

Newest 1 - Downtown / Old & West Louisville / Shively Homes with Unfinished Basement

619 S 43rd St, Louisville
$180,000
4 Beds ⋅ 2 Baths ⋅ 1733442 MLS
Step into timeless 1918 character! From the bright enclosed front porch to the rich hardwood floors and architectural trim, this classic bungalow radiates warmth and charm. An updated kitchen and bathrooms add modern convenience while complementing its vintage appeal. The roof was replaced on the main part of the house in October 2026 and the addition in 2024. Four bedrooms and two full baths offer room to spread out, while the unfinished basement provides potential for a home gym, workspace, or additional finished space. Come see the details that make this home stand out!

619 S 43rd St, Louisville
215 N 39th St, Louisville
$85,000
3 Beds ⋅ 1 Baths ⋅ 1733438 MLS
Investor opportunity! This 3-bedroom, 1-bath property offers the potential to renovate, add value, and create something special. The unique layout features a secluded upstairs primary bedroom and a basement, providing additional possibilities for the right vision. Whether you're an investor looking for your next project or a buyer ready to transform a hidden gem into your dream home, bring your ideas and explore the possibilities this property has to offer!

215 N 39th St, Louisville
2815 Fairview Ave, Louisville
$174,900
4 Beds ⋅ 2 Baths ⋅ 1733425 MLS
**RARE FIND! EIGHT LOTS, ONE INCREDIBLE OPPORTUNITY!** Opportunities like this are hard to come by! Situated on a unique corner property, this offering includes **eight identified lots (Lots 54-61 of Yann's Subdivision), all included in the sale as one parcel!** Whether you're an investor looking for your next project or a buyer interested in exploring the possibilities of additional land, this property is full of potential. The existing property features a 4-bedroom, 2-full-bath home, detached 2-car garage, unfinished basement, and two additional rooms offering the opportunity for future finishing and customization. The entire property is fully fenced, adding another feature to this unique offering. THE LAND IS THE OPPORTUNITY! With eight lots included, this is a property worth taking a c loser look at.

2815 Fairview Ave, Louisville
1726 Nobel Pl, Louisville
$190,000
3 Beds ⋅ 2 Baths ⋅ 1733368 MLS
Unbeatable amount of space for the price, and TONS of potential with this beautiful extended cape cod in the heart of Shively. Original hardwood floors line the entire floorspace (even under the carpet) across both levels of this beautifully maintained home. Built in 1925, this home has remained in the same family ever since, and been well loved the entire time. A fully screened/windowed, 180sqft sunroom sits just off the front of the home, allowing loads of natural light into the main living area that features a beautiful original fireplace. A large dining room opens right into the spacious kitchen, and a first-floor primary bedroom wing sits towards the back of the home. Upstairs you'll find two more massive bedrooms and no shortage of walk-in closet space for a home of this age, a very rare find. Downstairs sits a huge 800sqft unfinished basement as a blank slate just waiting to be customized to your own liking. This home has tons of potential for investors as well, as one wall addition easily re-converts this back into a duplex or even triplex format with a side entry door accessing all units. The possibilities truly are endless; you won't want to miss your chance to view this one before its gone. Call today for your own private showing!

1726 Nobel Pl, Louisville
510 Creel Ave, Louisville
$139,900
2 Beds ⋅ 1 Baths ⋅ 1733333 MLS
This 2-bedroom, 1-bath property offers a detached garage, full basement, and fenced-in backyard with plenty of potential. Conveniently located near Churchill Downs, Jim Patterson Stadium, L&N Stadium, the University of Louisville, and Uncle Miltie's Pawn Shop, you'll be close to some of Louisville's most recognizable spots. Whether you're looking for your next home or an investment opportunity, this property is full of possibilities.

510 Creel Ave, Louisville
730 Iowa Ave, Louisville
$200,000
4 Beds ⋅ 2 Baths ⋅ 1733234 MLS
Spacious 4-bedroom, 2-full-bath home in a central location close to everything Louisville has to offer. Inside, you'll find a generous living room and a nicely sized kitchen with plenty of room to gather. The backyard features a large parking pad in the back accessible by a private drive, offering plenty of off-street parking. An unfinished basement provides excellent storage space or potential for future customization. With its central location and functional layout, this home is a great fit for anyone looking for space, convenience, and flexibility.

730 Iowa Ave, Louisville
1311 S 3rd St, Louisville
$425,000
9 Beds ⋅ 5 Baths ⋅ 1733105 MLS
AWESOME, Breathtaking, Enormous Richardson Romanesque Castle-like Mansion (w/ Carriage House), built C.1892 as the home of E.V. Thompson Jr. on S 3rd St's stately "Millionaire's Row" in the heart of Old Louisville. Similar in style to, and likely designed by the same architect as, the Conrad-Caldwell House on St James Ct. An intricately carved stone facade ushers you beneath a grand Roman archway, across a mosaic-tile threshold, and into a truly majestic Entry - the beginning of one of the best-preserved floor plans in the neighborhood, w/ some of the finest Original period details still intact. The main house has Never been Cut-up and offers huge rooms made for gathering, dual front and rear staircases w/ sweeping banisters, abundant, exquisite, irreplaceable stained and leaded art glass, millwork, pocket doors (5 sets on the 1st Flr alone) and fireplace mantels, all waiting to be admired again. Labyrinth-like basement w/ full bath, laundry and area that once served as a separate kitchen. Large, renovated 2-3 BR, 1 1/2 BA Carriage House (now rented for $1,125/mo) has a separate storage room (the former 1-car garage - alley and yard bay doors now walled-off). Separate driveway area w/ double gate off the alley accesses the spacious, fenced 1/3 acre lot. Used for several years before the current ownership as the offices of a professional engineering firm, the E.V. Thompson Jr. House now awaits its next chapter - and the right people to love it back to life. Needs work to return to its former glory, but the bones, the craftsmanship, and the history are all here. A truly special, once-in-a-generation property of architectural significance, seeking new appreciative stewards. Home qualifies for historic tax credits (for qualified restoration work) - current owners have already begun the process (ask Listing Agents for details). Sold As Is, Where is. No warranties given or implied. Buyers to do their own due diligence.

1311 S 3rd St, Louisville
3851 S 5th St, Louisville
$195,000
3 Beds ⋅ 2 Baths ⋅ 1733088 MLS
Welcome to this beautiful 3 bedroom, 2 full bathroom home with a 2 space carport. Home has a new roof, new A/C system with new air ducts. You will love the convenient location close to Kroger, UofL, and Churchill Downs. This home has the potential to be an Airbnb, a rental, or just a great first home. Come see it! Schedule your appointment today.

3851 S 5th St, Louisville
1272 Weller Ave, Louisville
$135,000
2 Beds ⋅ 1 Baths ⋅ 1733084 MLS

1272 Weller Ave, Louisville
1301 S Brook St, Louisville
$390,000
3 Beds ⋅ 3 Baths ⋅ 1733057 MLS
Beautiful original woodwork, exposed brick, abundant natural light, and some of the best outdoor living spaces you'll find in Old Louisville. This corner home combines remarkable historic character with substantial improvements made over the past decade. Large windows fill the house with natural light, while distinctive round windows, third-floor skylights, and original unpainted woodwork add character throughout. Both the first and second floors have connected layouts that make moving between rooms easy, whether you're entertaining or enjoying everyday life. The outdoor spaces are particularly special. A historic iron fence frames the front yard, while a private brick-enclosed courtyard creates a quiet garden setting. There's also a covered back porch for gatherings and a rooftop deck where you can relax and occasionally catch downtown fireworks. A dedicated off-street parking space behind the home includes an EV charger. The third floor offers flexible space for guests, a home office, hobbies, or whatever comes next. The owners have invested extensively in preserving and improving the property. All windows have been replaced, eliminating the need for historic preservation approval for future window replacements. The distinctive corner princess window was carefully rebuilt using traditional restoration methods, preserving this architectural feature for generations to come. Other improvements include a new roof, remodeled primary bathroom, updated electrical panel, extensive masonry work, rebuilt back porch components, new gutters, restored exterior woodwork, renewed rooftop deck, and a new third-floor HVAC system in 2026. Another significant benefit of owning a contributing historic property is access to historic rehabilitation tax credits of up to 30% on qualifying future improvements, helping offset the cost of preserving and improving the home. And the location is hard to beat. Enjoy Old Louisville's architecture, parks, neighborhood restaurants, and breweries, with downtown and major highways just minutes away. Historic character, thoughtful improvements, exceptional outdoor spaces, and the financial advantages of historic preservation, all in one remarkable home.

1301 S Brook St, Louisville
2900 Bank St, Louisville
$225,000
3 Beds ⋅ 2 Baths ⋅ 1732948 MLS
LIVE/WORK OPPORTUNITY WITH ENDLESS POTENTIAL! Discover the possibilities at 2900 Bank Street! This unique property offers a rare combination of commercial space and residential living, with the added advantage of its grandfathered commercial classification. Currently operating as an art studio on the first floor, the commercial space offers exciting potential for a variety of business or creative uses. The second floor serves as the owner's living quarters and could potentially be reconfigured into two separate apartments, as it was previously divided. Whether you're an entrepreneur looking to combine business and home, an investor seeking a versatile property, or a creative professional envisioning your own studio space, this property offers a wealth of possibilities!

2900 Bank St, Louisville
3621 Del Park Terrace, Louisville
$145,000
4 Beds ⋅ 2 Baths ⋅ 1732874 MLS
Welcome to 3621 Del Park Terrace, a 4-bedroom, 1.5-bath home featuring a living room. The water heater has been replaced within the past five years. This property presents an investment opportunity for investors looking for their next project. With four bedrooms and a functional layout, there is potential to customize the space to fit your vision.

3621 Del Park Terrace, Louisville
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