$119,499Average Value$111Average Price per Sq Ft11Homes For Sale
Algonquin is a historic neighborhood with an eye on the future
Algonquin is an established, well-located Louisville neighborhood that offers relatively affordable single-family housing on the city's near south side. Algonquin Park is a popular attraction, and residents enjoy convenient access to the University of Louisville, downtown and the airport. Community-led initiatives continue to shape the future of the neighborhood, giving the area a forward-looking energy alongside its historic roots.
Older homes offer attractive price points
Algonquin is a neighborhood of single-family homes built primarily in the first half of the 20th century, with many dating back to the early 1900s. Cape Cod and bungalow styles are common, along with shotgun and other traditional styles. This mix gives the area a varied but cohesive look, with consistent residential character from block to block. Many listings reflect recent renovations, with updates like new roofs, HVAC systems and remodeled kitchens. Prices typically range from around $50,000 to the low $200,000s. Compared to neighboring communities, the median price in the low $100,000s is higher than Park Hill but lower than Taylor Berry and Churchill Downs. The neighborhood remains heavily industrial, with many homes built around such areas. “When I was growing up here in the 1950s and ‘60s, this was a well-cared-for community,” says resident Ron Hargrove. “But when our big former employer, Rhodia Chemical, closed down, families that had lived here forever started leaving and new generations neglected the area.” Hargrove, a member of the Park Hill/Algonquin Community of Opportunity Transformation Project, adds that newer housing is starting to pop up, but “much of the neighborhood remains underutilized.” The city government and the Re:land Group have partnered to clean up the former Rhodia site so that is suitable for mixed-use development.
In Algonquin, traditional-style homes add timeless appeal.
Algonquin's diverse styles offer the opportunity to create a home with character.
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Parkhill Park offers athletic amenities in the neighborhood.
Pool is the featured attraction at Algonquin Park
Algonquin Park's most prominent feature is an aquatics facility anchored by a public pool and includes a family slide, climbing wall and lily pad bridge. The park also has athletic courts and fields for basketball, tennis and soccer. Parkhill Park is a smaller neighborhood green space that is home to the Parkhill Community Center, which provides year-round programming that includes sports, fitness and arts activities.
Residents can take buses to local points of interest.
Easy access to downtown and other local points of interest
Residents can commute downtown easily by car or public transportation. The 3-mile drive to the heart of the city takes about 10 minutes, while Transit Authority of River City buses will you get you there in about 20 minutes. Both modes of transportation offer easy access to other local points of interest. The University of Louisville is within 2 miles, and Louisville Muhammad Ali International Airport is about 5 miles away.
McFerran Preparatory Academy is a neighborhood elementary school
Algonquin is part of Jefferson County Public Schools, a district with a choice system that allows families to select from neighborhood schools or magnet programs across the county. McFerran Preparatory Academy, which offers a gifted and talented program, is a choice school in the neighborhood. Noe Middle School and duPont Manual High School in nearby Old Louisville are two of the district's highest-rated schools.
Neighborhood comfort food and nearby soul food are area favorites
A popular neighborhood dining destination is InKredible's, a family-owned eatery with burgers, fish sandwiches and hand-spun milkshakes. Other popular stops in the area include:
Franco's Restaurant & Catering, which offers generous portions of soul food favorites
Kwetu African Cuisine, a nearby restaurant known for traditional Congolese cooking
Big Hopp's Southern Eatery, whose menu includes fried chicken and smothered pork chops
Brough Brothers, a Black-owned distillery where visitors can enjoy weekend tours and tastings
Save A Lot is a conveniently located grocery option in Algonquin, while Kroger anchors the Central Station shopping center about 2 miles away. The Southland Terrace Shopping Center is a retail hub about 3 miles from the neighborhood.
Franco's Restaurant & Catering is a popular nearby destination for a hearty meal.
Three Brothers Restaurant is a fast-casual seafood stop.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Algonquin neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Algonquin
US
Homicide
6
4
Sexual Assault
7
4
Assault with Weapon
8
4
Robbery
8
4
Burglary
4
4
Motor Vehicle Theft
5
4
Larceny
6
4
Crime Score
9
4
Source: WhatIsMyCrimeRisk.com
Algonquin Demographics and Home Trends
On average, homes in Algonquin, Louisville sell after 20 days on the market compared to the national average of 56 days. The median sale price for homes in Algonquin, Louisville over the last 12 months is $122,250, up 6% from the median home sale price over the previous 12 months.
Newly Renovated Home in Downtown Louisville. Beautifully updated 2-bedroom, 1-bath single-story home in the heart of downtown. This move-in-ready gem features fresh paint, new flooring, updated lighting, and a fully remodeled kitchen with sleek cabinetry, stylish countertops, and stainless steel appliances. Bright bedrooms, a modern bath, a private backyard, and off-street parking add to the
Welcome to 2121 West Lee Street, a 4-bedroom, 1-bath turnkey, investment property offering immediate income. The home features a two car garage and an unfinished basement, providing additional storage and future value-add opportunities. Currently tenant-occupied at $1,250 per month, with property management in place, this property delivers instant cash flow from day one. The residents have
Make an offer for this 2-bedroom, 1-bath property is a compelling opportunity for homebuyers, first-time buyers, and real estate investors in Shively. The home is located in a qualifying neighborhood for the ReVert program — a Louisville Affordable Housing Trust Fund initiative that provides up to $50,000 in forgivable funding to help buyers rehabilitate and occupy homes in historically
This huge home is move-in ready!!! This home offers 3 bedrooms, two of those bedrooms with double closets. This home offers a full bathroom, unfinished basement, 2 car garage and a big back yard. AC, Furnace and water heater were installed in 2019 along with new garage door. You will love this one.. its a must see!
PLEASE DO NOT APPROACH PROPERTY! Excellent investment opportunity with immediate cash flow! This well-maintained property is currently tenant-occupied, providing a steady income stream from day one. Tenant currently pays $1100 per month. Lease is up 12-31-2026. Recent updates include new fridge (2025), basement waterproof (2024), replace furnace and A-coil (2025), new roof, siding, metal, and
Completely renovated from top to bottom! This cute, move-in-ready home features new everything, offering modern finishes, peace of mind, and stylish living throughout. Don't miss this one!
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Charming brick bungalow in the heart of Algonquin! This 3-bed, 1.5-bath home blends timeless character with modern potential. The inviting living room features a cozy gas fireplace, while the rear den provides extra space for lounging or a home office. Head downstairs to find an unfinished basement with a kitchenette and a toilet already installed (plumbed for a full bath)—perfect for a guest
Nestled on 24th St. of off Burwell Ave, you will find this nice Bedford Stone home that features 4BR's, 2 Full bathrooms and a partially finished basement. Enjoy your front porch or back deck, day or night! Private driveway, with a fenced in backyard and a storage shed. Schedule your appointment TODAY!
Look at this amazing investment opportunity we have available to a lucky investor. This full brick ranch is just adorable. This property will be offered for auction starting on August 13, and lasting 6 days. This is an ABSOLUTE auction and will sale to the highest bidder. This property has so much going for it. Totally turn key, move yourself in or rent to your tenant, and and cash flow from day
Property Id: 1043410Welcome home to this lovely 3 bedroom, 1.5 bathroom condo in a quiet community in Louisville. Convenient location and close to major bus lines Amenities included: updated kitchen, updated bathroom, and washer dryer hookups. . Is not pet friendly. Date Available: 1/2024. $1400 month rent. $1,600 security deposit required. please fill out the form below and we will reach
Welcome home to this beautifully maintained 3-bedroom, 1-bath rental featuring luxury vinyl plank flooring throughout for a modern look and easy maintenance. The home has been freshly painted and includes a new water heater, providing added comfort and peace of mind. The kitchen will come equipped with appliances installed prior to move-in, making this home move-in ready. Step outside to enjoy
(**We do not advertise on Facebook Marketplace--Please be aware of scams**)Welcome home to this delightful 2-bedroom, 1-bath gem, perfectly nestled in the Park Hill neighborhood! This home is ideal for first-time renters, or someone looking to down size, or anyone seeking a cozy retreat filled with character and charm. Step inside to discover a warm and inviting atmosphere, flooded with
1 bedroom renovated apartment in the quiet St Johns Place community. Large, open green space with benches, gazebos, walking paths, and well manicured landscape. Updated bathroom, new kitchen flooring, and freshly painted kitchen cabinets. Laundry onsite. Rent is $645. Monthly combined utilities charge of $200 includes ALL utilities: electric, gas, water, sewer. Enjoy a clean apartment, a peaceful
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