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Backup Offers

4116 W Broadway, Louisville, KY, 40211

$215,000

Home List Price

$2,553*

Closing Credit

0 Baths
5,001 SqFt
$43/SqFt
Condo
Schools Nearby

Location

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4116 W Broadway, Louisville$215,000

Buyer Closing Credits

$2,553*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1905
HeatingForced Air, Natural Gas
CoolingWall/Window Unit(s)
MLS #1638882
StatusAccepting Backup Offers
(Active Under Contract)

About 4116 W Broadway

Looking for an opportunity to secure a multi family property in the BOOMING investor market that is Louisville, KY? This is your opportunity to take advantage of high demand for quality housing in Louisville. Increase property value through tenant placement and achievement of market rents. Once the property is stabilized the market rent rate reflects a target monthly income of $3750/month! With multiple vacant, but rent ready units, this property is ready for its next owner! If that isn't enough to get you excited-this zip code has appreciated on AVERAGE 22.3% every year for the last 5 years-and the developments continue to roll in which makes the future look even brighter! This is your opportunity to benefit from Louisville's low vacancy rates due to population growth and a strong job market. Louisville's robust economy provides a stable foundation for long-term growth. Don't miss this incredible investment opportunity in Louisville, KY. With a booming market, prime location, and diverse income potential, this 5plex is a wise choice for investors. Schedule a viewing today and secure this lucrative property.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1905
  • Living Area: 5,001 SqFt

Listing Office:

  • Office Name: Keller Williams Louisville East

Exterior Features

Exterior Information:

  • Exterior: Balcony, Porch

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: I-264 to Exit 2 onto Muhammad Ali Blvd. Left on S 34th St. Right onto W Broadway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $215,000
  • Price Per SqFt: $43/SqFt

Tax Information:

  • Annual Amount: $884
  • 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

$245.1K

Med. Price/SqFt

$178

# of Sold Homes

701

4116 W Broadway vs Louisville

317 DAYS ON ROCKET

$215,000

-$30.1K Less

$43/SqFt

-$136 Less

KEY TAKEAWAY

This property is $30.1K less than the Median Sold Price and $136/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: #1638882

Listing Office:

  • Office Name: Keller Williams Louisville East

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: 4/28/2024, 11:20:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$884$64,350
2019$863$64,350
2018$978$75,030
2017$978$75,030

History based on county public records data.

Payment Calculator

$1,141

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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-2199191
3
/10

  • Foster Traditional Academy

  • 1401 S 41st St

  • 0.91 miles

  • Public Magnet Grades PK-5

school-card-donut-2199192
5
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 4.66 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2199193
4
/10

  • Western Middle School

  • 2201 W Main St

  • 1.95 miles

  • Public District Grades 6-8

school-card-donut-2199194
3
/10

  • Frost Middle School

  • 13700 Sandray Blvd

  • 14.13 miles

  • Public District Grades 6-8

High School

school-card-donut-2199195
8
/10

  • Brown School

  • 546 S 1st St

  • 3.64 miles

  • Public District Grades KG-12

school-card-donut-2199196
1
/10

  • Valley High School

  • 10200 Dixie Hwy

  • 10.15 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,714. The majority of Louisville, KY residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4116 W Broadway

What is the listing price of this property?

The listing price of 4116 W Broadway property is $215,000.

What type of property is this?

The property 4116 W Broadway is a condo located in Louisville, Kentucky, 40211.

Is this property for sale now?

Accepting Backup Offers: 4116 W Broadway is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 4116 W Broadway are:
Foster Traditional Academy: GreatSchools Rating 3/10
Lincoln Elementary Performing Arts: GreatSchools Rating 5/10
Western Middle School: GreatSchools Rating 4/10
Frost Middle School: GreatSchools Rating 3/10
Brown School: GreatSchools Rating 8/10
Valley High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $884 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 4116 W Broadway is 5,001 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4116 W Broadway is 1905.

Rocket Homes›Kentucky›Jefferson County›Louisville›40211›4116 W Broadway

This home is located at 4116 W Broadway in Louisville, KY and zip code 40211 in the Chickasaw neighborhood. This 5,001 square foot home was built in 1905. It has been listed on Rocket Homes since June 15, 2023 and is currently priced at $215,000.

While more than 192 listings in Louisville, KY in March 2024 were sold above asking price, there were more than 192 listings sold at asking price, and more than 317 were sold below. The number of listings in Louisville, KY increased by 6.7% between February 2024 and March 2024.

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

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