Seller's Agent in 2024
Jenny Johnston
Colliers
(502) 645-1729
12 in this area
91 Total Sales
This generational asset is located in the heart of the Cherokee Triangle. Built as an apartment property, the building is uniquely newer for the area. It contains six high-demand one-bedroom units with historically high occupancy. The property has remained in the same family for generations, making it a truly rare opportunity.
The asset is surrounded by high quality single family residential in Louisville's most desirable infill neighborhood. Tenants take advantage of easy walking distance to both Cherokee Park and Bardstown Road. It is separately metered for gas and electric. Current upside potential exists in rents.
Investors will enjoy the steady occupancy, as well as strong intrinsic value of the underlying real estate in a historically appreciating area. Highlights include:
> Six large 1BR/1BA units
> Separately metered for LG&E
> Built-as apartments in highly desirable location
> W/D hookups and additional storage in basement
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2024 02/05/24 | Sold | $768,000 | 0.0% | $170 / Sq Ft |
| 01/05/2024 01/05/24 | Pending | -- | -- | -- |
| 01/02/2024 01/02/24 | For Sale | $768,000 | -- | $170 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,677 | $768,000 | $160,000 | $608,000 |
| 2024 | $7,232 | $563,250 | $160,000 | $403,250 |
| 2023 | $6,349 | $473,130 | $96,000 | $377,130 |
| 2022 | $6,435 | $473,130 | $96,000 | $377,130 |
| 2021 | $6,847 | $473,130 | $96,000 | $377,130 |
| 2020 | $6,192 | $450,600 | $90,000 | $360,600 |
| 2019 | $6,045 | $450,600 | $90,000 | $360,600 |
| 2018 | $5,967 | $450,600 | $90,000 | $360,600 |
| 2017 | $5,873 | $450,600 | $90,000 | $360,600 |
| 2013 | $3,136 | $313,560 | $67,040 | $246,520 |
Seller's Agent in 2024
Jenny Johnston
Colliers
(502) 645-1729
12 in this area
91 Total Sales
Buyer's Agent in 2024
Geoff Carr
Housing Associates
(502) 298-2110
3 in this area
22 Total Sales
Source: Metro Search, Inc.
MLS Number: 1651981
Ask me questions while you tour the home.