$700,000 Price Analysis    ♡   Louisville, KY 40208 8 bed 6 bath 5,235 SqFt ($133/SqFt) 1,742SqFt lot. Built 1880 Listed 2024-06-10, Taxes $4,284 | Ⓧ USDA Ineligible due to location near Louisville |
Investors Take Note.
1880 Victorian in the heart of Old Louisville offers 5235 Sq. Ft. graciously divided into 6 fully renovated apartments. With total rents of $5, 705, minus expenses the cap rate falls right around 7.5%. All units have recently been renovated with new electrical, separate meters, most all new plumbing, kitchens and baths. You will find maple kitchen cabinetry, granite countertops, fully equipped kitchens with new appli ances including dishwashers, refrigerators, gas cooktops and ovens.
The bathrooms have all been renovated too and shine with tile flooring and tub and shower surrounds in white subway tile with accents. Oak and Pine wood flooring throughout most of the units along with some exposed brick accent walls. Recent updates include rebuilt front porch structure, new concrete porch stoop and sdewalk, handrails, box gutter tune-up, soffit and cornice repairs and paint, rebuilt fire escape.
Presented by Michael Mawood at
RE MAX 100.
Property MLS #1662897 from Louisville
Bedrooms On Level 1: 3
Bedrooms On Level 2: 3
Bedrooms On Level 3: 2
Full Bathrooms: 6
Full Bathrooms On Level 1: 2
Full Bathrooms On Level 3: 1
Heating Features: Forced Air, Natural Gas
Heating: Yes
Lot Size Acres: 0.04
Lot Size Dimensions: 40x190
Lot Size Square Feet: 1742
Source Listing Status: Active
County: Jefferson
Directions: From I-65 take St. Catherine to left (South) on S. 3rd St. (Millionaires Rd.) Property is between Park Ave. and Magnolia on the East side of the street.
Source Property Type: MultiFamily
Area: 01-Dtwn Old Louisville/Shively/West Lou
MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou
Source Neighborhood: OLD LOUISVILLE
Parcel Number: 032E00550000
Subdivision: OLD LOUISVILLE
Property Subtype: Apartment
Lot Number: 0055
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $260,000 + $55,000 $315,000 | $4,284 |
| 2021 | $260,000 + $55,000 $315,000 | $4,565 |
| 2020 | $260,000 + $55,000 $315,000 | $4,328 |
| 2019 | $260,000 + $55,000 $315,000 | $4,225 |
| 2018 | $260,000 + $55,000 $315,000 | $4,171 |
| 2017 | $234,800 + $55,000 $289,800 | $3,776 |
| 2016 | $234,800 + $55,000 $289,800 | $3,791 |
| 2015 | $157,000 + $51,000 $208,000 | $2,727 |
| 2014 | $157,000 + $51,000 $208,000 | $2,754 |
| 2013 | $157,000 + $51,000 $208,000 | $2,754 |
| 2012 | $210,160 + $51,840 $262,000 | $3,442 |
| 2011 | $210,160 + $51,840 $262,000 | $3,382 |
| 2010 | $unknown + $unknown $262,000 | $3,380 |
| 2009 | $unknown + $unknown $262,000 | $3,301 |
$700,000
Louisville
Listing removed 2024-06-08
$0
Louisville
Listing removed 2024-06-08
$0
Louisville
Listed 2024-06-07
$700,000
Louisville
Price Changed 2024-04-19
$735,000
Louisville
Listed 2024-03-05
$750,000
Louisville
Listing removed 2020-04-05
$0
Louisville
Price Changed 2020-03-04
$610,000
Louisville
Listed 2019-12-06
$625,000
Louisville
Listing removed 2019-11-28
$0
Louisville
Listed 2019-10-11
$645,000
Louisville
Sold 2017-07-24
$315,000
Public Record
Listing removed 2017-07-11
$319,000
Louisville
Listed 2017-04-14
$319,000
Louisville
Sold 2012-03-07
$208,000
Public Record
Listing removed 2012-01-20
$239,900
Louisville
Price Changed 2011-10-31
$239,900
Louisville
Listed 2011-05-24
$250,000
Louisville
Sold 2007-08-13
$262,000
Public Record
Year Built: 1880
Above Grade Finished Area: 5235
Building Area Source: Appraiser
Building Area Total: 5235
Building Exterior Type: Wood Frame, Brick, Stone
Construction Materials: Wood Frame, Brick, Stone
Property Age: 144
Roof: Asphalt
Total Area Sqft: 5235
Architectural Style: Traditional
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.