3 months on rocket

975 S Shelby St, Louisville, KY, 40203

$310,000

Home List Price

$3,681*

Closing Credit

0 Baths
2,198 SqFt
$141/SqFt
Multi
Schools Nearby

Location

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975 S Shelby St, Louisville$310,000

Buyer Closing Credits

$3,681*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1900
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #1652367
Lot Size0.14 Acres
StatusActive

About 975 S Shelby St

Welcome to this charming 4-bedroom, 2-bathroom duplex that seamlessly blends versatility and potential. Boasting 2200 square feet of living space, this property presents a unique opportunity as it can effortlessly be transformed back into a single-family residence or continue its current dual-income setup. The upstairs unit features 2 bedrooms, a well-appointed kitchen, and a spacious living area, creating a comfortable living space currently leased for $1000 on a yearly basis. This long-term lease provides stability and income for the savvy investor or future homeowner. Downstairs, a beautifully designed 2-bedroom is currently an Airbnb unit that offers flexibility for additional income or personal use. The thoughtfully decorated space ensures a welcoming environment for short-term guests, adding to the property's overall appeal. The recent upgrades further enhance the property's value. The electrical has been updated which ensures modern functionality and safety, & the newly installed roof provides peace of mind for years to come. These improvements not only contribute to the property's aesthetic appeal but also reduce the need for immediate maintenance, making it an attractive investment. Beyond its financial benefits, the duplex's layout and design allow for an easy transition back to a single-family residence, providing future owners with the freedom to adapt the space to their evolving needs. Conveniently located in the Shelby Park neighborhood, this property is surrounded by local amenities, schools, and parks. Whether you're looking for a smart investment or a comfortable home with income potential, this duplex offers the best of both worlds. Don't miss the chance to make this versatile property your own - a place where you can live, invest, and adapt with ease.

Property Details

Property Features

Property Information:

  • Architectural Style: Camelback
  • Year Built: 1900
  • Living Area: 2,198 SqFt

Listing Office:

  • Office Name: Keller Williams Louisville East

Exterior Features

Exterior Information:

  • Exterior: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Sidewalk
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Brown School, Public District Grades KG-12
  • The Academy @ Shawnee, Public Magnet Grades 6-12
  • Meyzeek Middle School, Public Magnet Grades 6-8
  • Western Middle School, Public District Grades 6-8
  • Shelby Traditional Academy, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take 1-64W Take exit 19B for 64W Take exit 8 for Grinstead L onto Grinstead R onto Cherokee L onto E Broadway L onto S Shelby St

Price Information

Listing Price Info

Price Summary:

  • List Price: $310,000
  • Price Per SqFt: $141/SqFt

Tax Information:

  • Annual Amount: $634
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$245.9K

Med. Price/SqFt

$179

Avg. Days On Market

18

# of Sold Homes

754

975 S Shelby St vs Louisville

117 DAYS ON ROCKET

+99 Days

$310,000

+$64K More

$141/SqFt

-$39 Less

KEY TAKEAWAY

This property is $64K more than the Median Sold Price and $39/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: #1652367

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: 5/5/2024, 12:50:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 22, 2013Home Sold
$21,500

Tax History

YEARPROP. TAXASSESSMENT
2020$634$46,110
2019$618$46,110
2018$538$41,290
2017$538$41,290

History based on county public records data.

Payment Calculator

$1,615

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$996

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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-6297410
2
/10
  • Shelby Traditional Academy

  • 735 Ziegler St

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-6297411
5
/10
  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 1.18 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6297412
4
/10
  • Meyzeek Middle School

  • 828 S Jackson St

  • 0.47 miles

  • Public Magnet Grades 6-8

school-card-donut-6297413
4
/10
  • Western Middle School

  • 2201 W Main St

  • 3.01 miles

  • Public District Grades 6-8

High School

school-card-donut-6297414
8
/10
  • Brown School

  • 546 S 1st St

  • 1.12 miles

  • Public District Grades KG-12

school-card-donut-6297415
3
/10
  • The Academy @ Shawnee

  • 4018 W Market St

  • 4.41 miles

  • Public Magnet Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,654. The majority of Louisville, KY residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesKentuckyJefferson CountyLouisville40203975 S Shelby St

This home is located at 975 S Shelby St in Louisville, KY and zip code 40203 in the Smoketown neighborhood. This 2,198 square foot home, which was built in 1900, sits on a 0.14 acre lot. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $310,000.

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. In April 2024, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $245,988.

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

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