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 and downtown HOSPITALS. 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: $429,000
Price Per SqFt: $143/SqFt
Tax Information:
Annual Amount: $2,333
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 school0.29 miles
Public District Grades PK-5
4
/10
Lincoln Elementary Performing Arts
930 E Main St
Distance between this listing and this school2.45 miles
Public District Grades KG-5
Middle School
6
/10
Noe Middle School
121 W Lee St
Distance between this listing and this school0.07 miles
Public District Grades 6-8
3
/10
Western Middle School
2201 W Main St
Distance between this listing and this school2.96 miles
Public District Grades 6-8
High School
10
/10
Brown School
546 S 1st St
Distance between this listing and this school1.83 miles
Public District Grades KG-12
1
/10
Iroquois High School
4615 Taylor Blvd
Distance between this listing and this school3.68 miles
Public Magnet Grades 9-12
Assigned Schools
1
/10
Cochran Elementary School
500 W Gaulbert Ave
Distance between this listing and this school0.29 miles
Public District Grades PK-5
4
/10
Lincoln Elementary Performing Arts
930 E Main St
Distance between this listing and this school2.45 miles
Public District Grades KG-5
Nearby Schools
1
/10
Shelby Traditional Academy
735 Ziegler St
Distance between this listing and this school0.80 miles
Public District Grades PK-5
Assigned Schools
6
/10
Noe Middle School
121 W Lee St
Distance between this listing and this school0.07 miles
Public District Grades 6-8
3
/10
Western Middle School
2201 W Main St
Distance between this listing and this school2.96 miles
Public District Grades 6-8
Nearby Schools
5
/10
Meyzeek Middle School
828 S Jackson St
Distance between this listing and this school1.37 miles
Public Magnet Grades 6-8
Assigned Schools
10
/10
Brown School
546 S 1st St
Distance between this listing and this school1.83 miles
Public District Grades KG-12
1
/10
Iroquois High School
4615 Taylor Blvd
Distance between this listing and this school3.68 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
Dupont Manual High School
120 W Lee St
Distance between this listing and this school0.06 miles
The neighbors living near this home have an average income of $14,895. Typical income of Louisville, KY residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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 $429,000.
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 number of listings in Louisville, KY increased by 3.6% between March 2024 and April 2024. 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.