$115,836Average Value$106Average Price per Sq Ft6Homes For Sale
A community working to revitalize and transform
Three miles from downtown Louisville, the Algonquin neighborhood meshes industry, apartments, and homes to create a burgeoning community. "When I was growing up here in the 1950s and '60s," says lifelong Algonquin resident Ron Hargrove, "this was a well-cared-for community. But when our big former employer, Rhodia Chemical, closed down in 2001, families that had lived here forever started leaving and new generations neglected the area." Hargrove, an advisory board member for the local Park Hill/Algonquin Community of Opportunity Transformation Project, says that "newly-renovated housing is starting to up along the Algonquin Parkway, but much of the neighborhood remains underutilized." The transformation project, set to be completed by 2025, aims to change all that through redevelopment via community engagement. With local entrepreneurs and community organizations leading the way
TARC buses are vital for Algonquin, ensuring accessible transportation for the community.
Getting around by bus and car
The Algonquin neighborhood is generally walkable, and the quiet side streets make in generally walkable. Transit Authority of River City (TARC) city buses cruise throughout the neighborhood, with plenty of stops that connect to neighborhoods all across town. Most residents still rely on their cars, with on-street parking sometimes narrowing streets to barely a lane’s width. The University of Louisville Hospital, providing 24-hour emergency care, is about 2 miles east. Residents wanting to head out of the area on pleasure or business have a quick trip to the Louisville Muhammad Ali International Airport, roughly 6 miles south and accessible by car as well as public transit.
Small homes on compact lots
Many of the single-family homes in Algonquin date to the early- and mid-20th century, at Rhodia’s peak. Small, fenced-in lots feature Craftsman bungalows as well as National-inspired homes, some featuring modern updates. The one- and two-bedroom homes feature front porches where residents can overlook the sidewalks crisscrossing the neighborhood, with plain and painted brick columns. Many backyards feature shade from the mature oaks that poke up above the rooflines. Homes in need of updates range from $25,000 to $100,000, while move-in ready units generally fetch from $80,000 to $175,000. Numerous rental complexes feature throughout the neighborhood, but most of the community is owner-occupied.
In Algonquin, traditional-style homes add a timeless appeal.
Algonquin's diverse home styles create a neighborhood with distinctive character.
Historical homes in Algonquin offer a unique glimpse into the city's rich past.
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Parkhill Park offers athletic courts, creating an active environment for Algonquin's children.
Playgrounds and pollinators
Sixteen-acre Algonquin Park, part of the Olmsted Parks system, offers a pollinator garden filled with purple coneflowers, as well as a basketball court where multiple rec leagues play pickup; kids can also cool off in the sprayground. It’s also the only Olmsted park in Louisville with a pool, points out Jesse Hendrix, Director of Communications with the Olmsted Parks Conservancy. She notes it’s under renovations, as the city is working to rehabilitate the community’s amenities - “It’s going to be open in 2025, it’s going to be really nice!” The Parkhill Community Center offers after-school programs and a popular playground, offering neighborhood children activities and opportunities.
Choice zone system offers educational options
Algonquin is part of the Jefferson County school district, which includes more than 50 schools as part of their unique choice system with “Close-to-Home” and “Far Away-Home” options. Most students in the neighborhood start out at Maupin Elementary, which earns a C-minus, before moving along to newly constructed Hudson Middle School, which is yet to be graded. Fairdale High School, with a B grade, is the destination for Far-Away-Home students, while The Academy at Shawnee is another option, with a C grade. Marion C. Moore Traditional school, with a C grade itself, is an option and follows the Traditional schooling program, a magnet program focused on self-discipline and citizenship.
Hudson Middle School is an important educational institute for the areas youth.
Maupin Elementary School is a public school located in Louisville, KY.
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Homegrown eats
Opened in 2022, InKredible’s Burgers & Shakes owners Kam and Desi Hampton are from the neighborhood. It’s not just a place to get a burger – it was opened with the hope to build a spot to give back to the community and show budding neighborhood entrepreneurs the potential for excellence in Algonquin. Soul food favorite Franco's Restaurant and Catering is known for its smothered pork chops and spicy collard greens and is revered by foodies as one of the gems in the Louisville restaurant scene. The Commerce Center, a small strip used for both retail and commercial space, has a handful of locally owned businesses, as does Southland Terrace Shopping Center to the south. Residents take care of their regular grocery shop at the nearby Save-A-Lot.
Franco's Home Cooking in Algonquin offers irresistibly delicious food.
Three Brothers Restaurant is a culinary icon, embodying the Algonquin community's rich flavors.
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All the world’s a stage – even parks
According to Elisabeth Ellis, an area Realtor with Noir Realty, Algonquin locals enjoy heading to downtown Louisville's Fourth Street Live! This nearly 350,000-square-foot dining and shopping destination hosts everything from country music concerts by national artists to dance parties highlighting local DJs. Algonquin Park hosts events throughout the year as well, and Hendrix notes the annual Shakespeare in the Park series put on by Kentucky Shakespeare has a stop there.
Forging a way forward for Algonquin
Once home to the Rhodia Chemical plant, a 17-acre lot in the corner of the community has been vacant for over 20 years. The city, locals and nonprofit agencies are teaming up to envision a way forward to bring this site online for the good of the ‘hood. The Transformation Project aims to redevelop this site for the community, adding grocery stores like Kroger's, another middle school and a training center to bring skilled trade jobs to the area. "The hope is to reduce crime by creating a place for the community to come together," according to Hargrove. "We want people to come to Louisville and say, 'That's a place I'd like to live in.'" Hand-in-hand with community programs including Algonquin Community United and the ACE Program, the neighborhood pushes forward into a new generation.
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
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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 19 days on the market compared to the national average of 55 days. The median sale price for homes in Algonquin, Louisville over the last 12 months is $128,000, up 25% 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
Looking for your next flip or buy and hold rental property? This is an Investor special! Property needs a new HVAC, but with a little bit of TLC this property could be rent ready in days, and you can convert it easily to a three bedroom and get top dollar rents.
This 2-bedroom, 1-bath home qualifies for the ReVert program, offering a unique opportunity for buyers seeking alternative financing solutions and a more accessible path to homeownership. It's also a great candidate for a 203(k) renovation loan, allowing you to finance both the purchase and improvements in one convenient package. Beyond owner-occupants, this property presents strong potential for
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 gutters. (2022) Can be purchased as
PRICE REDUCTION!! Wait until you see this adorable move-in ready 2-bedroom, 1-bath home on a desirable corner lot featuring quality upgrades throughout! Highlights include large windows perfect for plenty of natural light, a new roof, new HVAC, upgraded electrical, engineered wood flooring, and fresh interior paint. The updated kitchen boasts granite countertops and stainless steel appliances,
We are still working on the home. Ready in few days.Two - three bedroom home with partly finished basementTwo full bathrooms (one upstairs and one in basement)Hardwood floors in Living Room and BedroomsBedrooms have fresh paint on hardwood floorsEat in kitchen with space saving table topLarge Family Room in basement / could be office or 3rd bedroomWasher / Dryer
This 1-bedroom, 1-bathroom first-floor shotgun apartment features new carpet and fresh paint throughout. The unit offers a large shared covered front porch—perfect for entertaining—along with off-street parking. A/C window units are provided, and the kitchen includes an oven and refrigerator. Owner covers water, trash, and LGE.
Brian StockerProperty Management of Louisville LLC
Welcome home to this newly updated 1-bedroom, 1-bath gem! Freshly painted throughout, the space blends classic charm with modern appeal. Sun-filled living areas highlight the clean, bright finishes, creating an inviting atmosphere and a perfect canvas for your personal style. Landlord pays all utilities, making this an easy, stress-free place to call home.
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