HOUSE HACK OPPORTUNITY! Welcome to 717 E Kentucky Street, a fantastic duplex investment opportunity nestled in the heart of Louisville, KY 40203. This charming property features two separate units, providing a total of 3 bedrooms and 2 bathrooms. The upstairs unit is a 1/1 and the downstairs unit is a 2/1. Situated in a desirable location, residents benefit from easy access to local amenities, schools, parks, and transportation routes. Whether you're a seasoned investor or a first-time buyer looking to generate passive income, 717 E Kentucky Street presents a lucrative opportunity.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1900
Living Area: 2,246 SqFt
Listing Office:
Office Name: Allodium Real Estate
Exterior Features
Exterior Information:
Exterior: None
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Forced Air, Zoned, Ductless
Cooling: Central Air
School Info
Assigned Schools Information:
Brown School, Public District Grades KG-12
Atherton High School, Public District Grades 9-12
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: On East Kentucky between S. Shelby and S. Clay
Price Information
Listing Price Info
Price Summary:
List Price: $289,900
Price Per SqFt: $129/SqFt
Tax Information:
Annual Amount: $1,026
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.
$1,514
Per Month
Principal & Interest
$1,447
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
$936
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
1
/10
Shelby Traditional Academy
735 Ziegler St
Distance between this listing and this school0.97 miles
Public District Grades PK-5
4
/10
Lincoln Elementary Performing Arts
930 E Main St
Distance between this listing and this school1.19 miles
Public District Grades KG-5
Middle School
5
/10
Meyzeek Middle School
828 S Jackson St
Distance between this listing and this school0.40 miles
Public Magnet Grades 6-8
3
/10
Western Middle School
2201 W Main St
Distance between this listing and this school2.93 miles
Public District Grades 6-8
High School
10
/10
Brown School
546 S 1st St
Distance between this listing and this school1.06 miles
Public District Grades KG-12
9
/10
Atherton High School
3000 Dundee Rd
Distance between this listing and this school3.34 miles
Public District Grades 9-12
Assigned Schools
1
/10
Shelby Traditional Academy
735 Ziegler St
Distance between this listing and this school0.97 miles
Public District Grades PK-5
4
/10
Lincoln Elementary Performing Arts
930 E Main St
Distance between this listing and this school1.19 miles
Public District Grades KG-5
Nearby Schools
1
/10
Engelhard Elementary School
1004 S 1st St
Distance between this listing and this school0.70 miles
Public District Grades PK-5
Assigned Schools
5
/10
Meyzeek Middle School
828 S Jackson St
Distance between this listing and this school0.40 miles
Public Magnet Grades 6-8
3
/10
Western Middle School
2201 W Main St
Distance between this listing and this school2.93 miles
Public District Grades 6-8
Nearby Schools
7
/10
Jefferson County Traditional Middle School
1418 Morton Ave
Distance between this listing and this school0.82 miles
Public Magnet Grades 6-8
Assigned Schools
10
/10
Brown School
546 S 1st St
Distance between this listing and this school1.06 miles
Public District Grades KG-12
9
/10
Atherton High School
3000 Dundee Rd
Distance between this listing and this school3.34 miles
Public District Grades 9-12
Nearby Schools
1
/10
Jefferson County High School
900 S Floyd St
Distance between this listing and this school0.52 miles
The neighbors living near this home have an average income of $18,654. Most Louisville, KY residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 717 E Kentucky St in Louisville, KY and zip code 40203 in the Smoketown neighborhood. This 2,246 square foot home, which was built in 1900, sits on a 0.07 acre lot. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $289,900.
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 listings in Louisville, KY increased by 3.6% between March 2024 and April 2024. In April 2024 median list price was $245,988 and the average listing age was 18 days.
From Rocket Homes Real Estate and based on county public records data.