This Queen Anne-style building was built on a prominent intersection around 1900 and spent much of its life as the Schweitzer Pharmacy. Please note, the interior is a shell and will require a complete build-out. This two-and-one-half-story commercial structure dominates the corner of 26th Street and Bank Street. The building's primary commercial facade faces Bank Street and has an entrance on the corner as well as toward the right side when viewed from Bank St. The corner side was built for retail, and the second door leads to more first-level space as well as upstairs living space. With many historic architectural details intact you'll notice a turret, multi-light gabled roof dormers, fish scale shingles, and a porch with an arched surround. This building is a great example of a late-nineteenth to early-twentieth century corner commercial store, designed with a store on the first floor and living quarters on the second and third floors. Many original architectural features are still present, including weatherboarding, door and window trim, and other details. The building is individually listed on the National Register of Historic Places. This means that the new owner can earn federal and state historic rehabilitation tax credits as they bring this building back to life. The credits amount to 20-30% for state credits and an additional 20% for federal. It is expected that the new owner will pursue these tax credits, and the non-profit "Vital Sites" can help navigate the tax credit application process for the new owner. Please use ShowingTime to schedule appointments. Please use caution when entering the building. Note that utilities are not on - bring a flashlight.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1892
Listing Office:
Office Name: Kentucky Select Properties
Exterior Features
Exterior Information:
Exterior: See Remarks
Lot Features
Lot Information:
Lot: Corner Lot, Sidewalk
Utilities
Utilities Information:
Cooling: None
School Info
Assigned Schools Information:
The Academy @ Shawnee, Public Magnet Grades 6-12
Brown School, Public District Grades KG-12
Western Middle School, Public District Grades 6-8
Westport Middle School, Public District Grades PK-8
Atkinson Academy, Public District Grades PK-5
Lincoln Elementary Performing Arts, Public District Grades KG-5
Other
Directions Information:
Directions: I-64 to 22nd street exit. Right on Portland Avenue. Left on 26th street. Left on Bank Street
Price Information
Listing Price Info
Price Summary:
List Price: $40,000
Tax Information:
Annual Amount: $301
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Louisville, KY.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$267
Per Month
Principal & Interest
$200
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$186
Powered By
Advertisement
NMLS#3030
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
2
/10
Atkinson Academy
2811 Duncan St
Distance between this listing and this school0.55 miles
Public District Grades PK-5
4
/10
Lincoln Elementary Performing Arts
930 E Main St
Distance between this listing and this school3.24 miles
Public District Grades KG-5
Middle School
3
/10
Western Middle School
2201 W Main St
Distance between this listing and this school0.64 miles
Public District Grades 6-8
1
/10
Westport Middle School
8100 Westport Rd
Distance between this listing and this school10.33 miles
Public District Grades PK-8
High School
1
/10
The Academy @ Shawnee
4018 W Market St
Distance between this listing and this school1.43 miles
Public Magnet Grades 6-12
10
/10
Brown School
546 S 1st St
Distance between this listing and this school2.45 miles
Public District Grades KG-12
Assigned Schools
2
/10
Atkinson Academy
2811 Duncan St
Distance between this listing and this school0.55 miles
Public District Grades PK-5
4
/10
Lincoln Elementary Performing Arts
930 E Main St
Distance between this listing and this school3.24 miles
Public District Grades KG-5
Nearby Schools
3
/10
Portland Elementary School
3410 Northwestern Pkwy
Distance between this listing and this school0.76 miles
Public District Grades KG-5
Assigned Schools
3
/10
Western Middle School
2201 W Main St
Distance between this listing and this school0.64 miles
Public District Grades 6-8
1
/10
Westport Middle School
8100 Westport Rd
Distance between this listing and this school10.33 miles
Public District Grades PK-8
Nearby Schools
3
/10
Hazelwood Middle School
1021 Hazelwood Ave
Distance between this listing and this school2.35 miles
Public District Grades 5-8
Assigned Schools
1
/10
The Academy @ Shawnee
4018 W Market St
Distance between this listing and this school1.43 miles
Public Magnet Grades 6-12
10
/10
Brown School
546 S 1st St
Distance between this listing and this school2.45 miles
Public District Grades KG-12
Nearby Schools
1
/10
Esl Newcomer Academy
4018 W Market St
Distance between this listing and this school1.43 miles
The neighbors living near this home have an average income of $14,519. The majority of Louisville, KY residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 2565 Bank St in Louisville, KY and zip code 40212 in the Portland neighborhood. This home was built in 1892. It has been listed on Rocket Homes since August 04, 2023 and is currently priced at $40,000.
In April 2024 more than 237 listings in Louisville, KY were sold above the asking price. During the same period more than 199 listings were sold at asking price, while more than 318 were sold below. The number of listings in Louisville, KY increased by 3.6% between March 2024 and April 2024. Listings spent 18 days on the market in April 2024, and had a median list price of $245,988 during the same period.
From Rocket Homes Real Estate and based on county public records data.