This rare multifamily opportunity is situated on a quiet walking court in Old Louisville, blocks from Manual High School. The property is a purpose built apartment building of 12 large units with a diverse mixture of 1, 2 and 3 BR units with hardwood flooring, some including balconies overlooking the walking court. A large, full lower level was formerly finished and could potentially be converted to another unit for added value. The property is located on the south side of Old Louisville in close proximity to UofL. It has separate gas and electric meters with those utilities paid by the tenants and separate hot water heaters. An investor will enjoy a high demand tenant base, as well as strong intrinsic value of the underlying real estate. > 12 sizable units (10-2BR/1-3BR/ 1-1BR
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1905
Living Area: 13,158 SqFt
Listing Office:
Office Name: PRG Commercial Property Advisors
Exterior Features
Exterior Information:
Exterior: Balcony
Utilities
Utilities Information:
Heating: Natural Gas
School Info
Assigned Schools Information:
Brown School, Public District Grades KG-12
Iroquois High School, Public Magnet Grades 9-12
Western Middle School, Public District Grades 6-8
Highland 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: 4th Street to Kensington
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Price Per SqFt: $91/SqFt
Tax Information:
Annual Amount: $4,998
Tax Year: 2020
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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
1
/10
Cochran Elementary School
500 W Gaulbert Ave
Distance between this listing and this school0.13 miles
Public District Grades PK-5
4
/10
Lincoln Elementary Performing Arts
930 E Main St
Distance between this listing and this school2.47 miles
Public District Grades KG-5
Middle School
3
/10
Western Middle School
2201 W Main St
Distance between this listing and this school2.77 miles
Public District Grades 6-8
2
/10
Highland Middle School
1700 Norris Pl
Distance between this listing and this school3.07 miles
Public District Grades 6-8
High School
10
/10
Brown School
546 S 1st St
Distance between this listing and this school1.76 miles
Public District Grades KG-12
1
/10
Iroquois High School
4615 Taylor Blvd
Distance between this listing and this school3.73 miles
Public Magnet Grades 9-12
Assigned Schools
1
/10
Cochran Elementary School
500 W Gaulbert Ave
Distance between this listing and this school0.13 miles
Public District Grades PK-5
4
/10
Lincoln Elementary Performing Arts
930 E Main St
Distance between this listing and this school2.47 miles
Public District Grades KG-5
Nearby Schools
1
/10
McFerran Preparatory Academy
1900 S 7th St
Distance between this listing and this school0.77 miles
Public District Grades PK-5
Assigned Schools
3
/10
Western Middle School
2201 W Main St
Distance between this listing and this school2.77 miles
Public District Grades 6-8
2
/10
Highland Middle School
1700 Norris Pl
Distance between this listing and this school3.07 miles
Public District Grades 6-8
Nearby Schools
6
/10
Noe Middle School
121 W Lee St
Distance between this listing and this school0.23 miles
Public District Grades 6-8
Assigned Schools
10
/10
Brown School
546 S 1st St
Distance between this listing and this school1.76 miles
Public District Grades KG-12
1
/10
Iroquois High School
4615 Taylor Blvd
Distance between this listing and this school3.73 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
Dupont Manual High School
120 W Lee St
Distance between this listing and this school0.28 miles
The neighbors living near this home have an average income of $26,643. The most common annual income of people living in Louisville, KY is less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 409 Kensington Ct
What is the listing price of this property?
The listing price of 409 Kensington Ct property is $1,200,000.
What type of property is this?
The property 409 Kensington Ct is a condo located in Louisville, Kentucky, 40208.
Is this property for sale now?
Active Listing: 409 Kensington Ct is For Sale (Active/New) which means the seller is accepting offers.
This home is located at 409 Kensington Ct in Louisville, KY and zip code 40208 in the Old Louisville neighborhood. This 13,158 square foot home was built in 1905. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $1,200,000.
Louisville, KY housing market in April 2024 saw over 237 listings sold above listed price, more than 199 sold at listed price and over 318 sold below. The inventory of homes for sale in Louisville, KY between March 2024 and April 2024 increased by 3.6%. While the average time on the market in April 2024 was 18 days, the median list price was $245,988.
From Rocket Homes Real Estate and based on county public records data.