1 month on rocket

14011 Dixie Hwy, Louisville, KY, 40272

$400,000

Home List Price

$4,750*

Closing Credit

0 Baths
4,312 SqFt
$93/SqFt
Condo
Schools Nearby

Location

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14011 Dixie Hwy, Louisville$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1950
HeatingNatural Gas
CoolingWall/Window Unit(s)
MLS #1656271
StatusActive

About 14011 Dixie Hwy

Opportunity to buy a cash-flowing apartment building with 9 studio apartments. The current owners have made many upgrades including a blacktop parking lot, and LVP flooring in some units. The property is currently 100% occupied bringing in $5,850 in gross rent each month. The property has a total of 1.24 acres of C1 land. The apartment takes up roughly 1/4 of the land leaving land for future development. Do not disturb tenants. building will only be shown after an offer has been accepted.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1950
  • Living Area: 4,312 SqFt

Listing Office:

  • Office Name: PRG Commercial Property Advisors

Exterior Features

Exterior Information:

  • Exterior: None

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Valley High School, Public District Grades 9-12
  • Brown School, Public District Grades KG-12
  • Frost Middle School, Public District Grades 6-8
  • Western Middle School, Public District Grades 6-8
  • Watson Lane Elementary School, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: Opportunity to buy a cash-flowing apartment building with 9 studio apartments. The current owners have made many upgrades including a blacktop parking lot, and LVP flooring in some units. The property is currently 100% occupied bringing in $5,850 in gross rent each month. The property has a total of 1.24 acres of C1 land.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $93/SqFt

Tax Information:

  • Annual Amount: $2,506
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Louisville, KY.

Med. Sold Price

$245.1K

Med. Price/SqFt

$178

# of Sold Homes

701

14011 Dixie Hwy vs Louisville

51 DAYS ON ROCKET

$400,000

+$154.8K More

$93/SqFt

-$86 Less

KEY TAKEAWAY

This property is $154.8K more than the Median Sold Price and $86/SqFt less than other homes in Louisville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1656271

Listing Office:

  • Office Name: PRG Commercial Property Advisors

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 6:20:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 15, 2021Home Sold
$147,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,506$216,600
2019$2,455$216,600
2018$2,108$200,850
2017$2,108$200,850

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4327238
1
/10
  • Watson Lane Elementary School

  • 7201 Watson Ln

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-4327239
5
/10
  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 16.35 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4327240
3
/10
  • Frost Middle School

  • 13700 Sandray Blvd

  • 0.64 miles

  • Public District Grades 6-8

school-card-donut-4327241
4
/10
  • Western Middle School

  • 2201 W Main St

  • 15.50 miles

  • Public District Grades 6-8

High School

school-card-donut-4327242
1
/10
  • Valley High School

  • 10200 Dixie Hwy

  • 4.06 miles

  • Public District Grades 9-12

school-card-donut-4327243
8
/10
  • Brown School

  • 546 S 1st St

  • 15.62 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,188. The most common annual income of people living in Louisville, KY is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 14011 Dixie Hwy

What is the listing price of this property?

The listing price of 14011 Dixie Hwy property is $400,000.

What type of property is this?

The property 14011 Dixie Hwy is a condo located in Louisville, Kentucky, 40272.

Is this property for sale now?

Active Listing: 14011 Dixie Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 14011 Dixie Hwy are:
Watson Lane Elementary School: GreatSchools Rating 1/10
Lincoln Elementary Performing Arts: GreatSchools Rating 5/10
Frost Middle School: GreatSchools Rating 3/10
Western Middle School: GreatSchools Rating 4/10
Valley High School: GreatSchools Rating 1/10
Brown School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,506 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 15, 2021 for $147,500. (source: MLS/tax record).

What is the square footage of this property?

The property 14011 Dixie Hwy is 4,312 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 14011 Dixie Hwy is 1950.

Rocket HomesKentuckyJefferson CountyLouisville4027214011 Dixie Hwy

This home is located at 14011 Dixie Hwy in Louisville, KY and zip code 40272. This 4,312 square foot home was built in 1950. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $400,000.

In March 2024 more than 192 listings in Louisville, KY were sold above the asking price. During the same period more than 192 listings were sold at asking price, while more than 317 were sold below. In March 2024 in Louisville, KY there were 6.7% more homes for sale than in February 2024.

From Rocket Homes Real Estate and based on county public records data.

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