5 months on rocket

1612 S 2nd St, Louisville, KY, 40208

$434,000

Home List Price

$5,154*

Closing Credit

0 Baths
3,000 SqFt
$145/SqFt
Multi
Schools Nearby

Location

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1612 S 2nd St, Louisville$434,000

Buyer Closing Credits

$5,154*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1900
MLS #1650864
StatusActive

About 1612 S 2nd St

INVESTORS or Owner Occupied with Rental Income! This is a TRIPLEX property in an area that remains a prime target market in the Louisville area for investors, due to its proximity to the UNIVERSITY OF LOUISVILLE. It is also a very short distance from magnet high school, DuPont Manual and the Youth Performing Arts School. This property was totally remodeled in 2011/12. Seller has NO PETS policy in place. The units are currently occupied and the Seller can provide documentation of 95% occupancy over the years. BRAND NEW ROOF (08/2023). Other recent upgrades and improvements include 1 new furnace, 1 new water heater, and fresh paint Units 1 and 2; new carpet in the 3rd unit bedroom. (Note: this is the ONLY carpet in the property.) The remaining flooring boasts beautiful, natural hardwood floors. The rental rates noted reflect the ~current market rates, which have soared in the last few years. This property could also be converted to single family residence. Contact Listing Agents with any questions.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: Coldwell Banker McMahan

Exterior Features

Exterior Information:

  • Exterior: Deck

School Info

Assigned Schools Information:

  • Brown School, Public District Grades KG-12
  • Iroquois High School, Public Magnet Grades 9-12
  • Noe Middle School, Public District Grades 6-8
  • Western Middle School, Public District Grades 6-8
  • Cochran Elementary School, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: 2nd St between Lee St and Gaulbert St - across from Youth Performing Arts School (YPAS)

Price Information

Listing Price Info

Price Summary:

  • List Price: $434,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $2,333
  • Tax Year: 2020
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Housing Market Comparison

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

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Louisville, KY

City

Med. Sold Price

$245.9K

Med. Price/SqFt

$179

Avg. Days On Market

18

# of Sold Homes

754

1612 S 2nd St vs Louisville

151 DAYS ON ROCKET

+133 Days

$434,000

+$188K More

$145/SqFt

-$35 Less

KEY TAKEAWAY

This property is $188K more than the Median Sold Price and $35/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: #1650864

Listing Office:

  • Office Name: Coldwell Banker McMahan

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: 5/4/2024, 6:20:38 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

Oct 09, 2009Home Sold
$89,900
Dec 28, 2007Home Sold
$345,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,333$169,800
2019$2,277$169,800
2018$2,053$157,500
2017$2,053$157,500

History based on county public records data.

Payment Calculator

$2,234

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,368

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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-6100482
7
/10

  • Cochran Elementary School

  • 500 W Gaulbert Ave

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-6100483
5
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 2.45 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6100484
5
/10

  • Noe Middle School

  • 121 W Lee St

  • 0.07 miles

  • Public District Grades 6-8

school-card-donut-6100485
4
/10

  • Western Middle School

  • 2201 W Main St

  • 2.96 miles

  • Public District Grades 6-8

High School

school-card-donut-6100486
8
/10

  • Brown School

  • 546 S 1st St

  • 1.83 miles

  • Public District Grades KG-12

school-card-donut-6100487
1
/10

  • Iroquois High School

  • 4615 Taylor Blvd

  • 3.68 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,895. The most common annual income of people living in Louisville, KY is less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Kentucky›Jefferson County›Louisville›40208›1612 S 2nd St

This home is located at 1612 S 2nd St in Louisville, KY and zip code 40208 in the Old Louisville neighborhood. This 3,000 square foot home was built in 1900. It has been listed on Rocket Homes since December 05, 2023 and is currently priced at $434,000.

While more than 237 listings in Louisville, KY in April 2024 were sold above asking price, there were more than 199 listings sold at asking price, and more than 318 were sold below. The number of homes for sale in Louisville, KY increased by 3.6% between March 2024 and April 2024. The median list price of listings available in April 2024 was $245,988, while the average time on the real estate market was 18 days.

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

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