NOT LISTED FOR SALE

1308 Everett Ave Louisville, KY 40204

Cherokee Triangle Neighborhood
1 Bed
1 Bath
4,506 Sq Ft
1960 Built

Last Sold February 05, 2024

Last sale price $768,000 $170 Per Sq Ft

3 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Willow Park

About This Home

As of February 2024

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

Last Agent to Sell the Property

Jenny Johnston

PRG Commercial Property Advisors License #246944 Listed on: 01/02/2024

Last Buyer's Agent

Geoff Carr

Housing Associates License #216503

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1960

Home Design

  • 4,506 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof

Utilities

  • Forced Air Heating System

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Seller Concessions Not Offered

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Lot Dimensions: 0
  • Property Sub Type: Apartment
  • Property Type: MultiFamily
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 4506.0
  • Architectural Style: Select One
  • ResoBuildingAreaSource: Other
  • Roof:Shingle: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Exterior Features: None
  • Construction:Brick3: Yes

Utilities

  • Utilities: City Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0

Building Info

  • Year Built: 1960

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

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
Source: Metro Search, Inc.

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jenny Johnston

    Seller's Agent in 2024

    Jenny Johnston

    PRG Commercial Property Advisors

    (502) 645-1729

    11 in this area

    86 Total Sales

    Jenny Johnston
    Section Image
  • Geoff Carr

    Buyer's Agent in 2024

    Geoff Carr

    Housing Associates

    (502) 298-2110

    3 in this area

    24 Total Sales

    Geoff Carr
    Section Image
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Map

Source: Metro Search, Inc.

MLS Number: 1651981

Metro Search, Inc.
Kentucky Jefferson County Louisville 40204 Cherokee Triangle

1308 Everett Ave, Louisville, KY

Not Listed for Sale

MultiFamily

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