KY
Jefferson
Louisville
40204
1079 Cherokee Rd
1079 Cherokee Rd, Louisville, KY 40204
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Listing Type
Multi Family
Listing Status
Active
33
$698,000

Home Details for 1079 Cherokee Rd

Price
$698,000
Type
Residential Income
Bedrooms
5
Total Bathrooms
4
Square feet
2804
Year built
1900
Lot size acres
0.14
County
Jefferson
Days on site
68
MLS Listing#
1720146
Property Description

Located in the highly desirable Cherokee Triangle neighborhood of The Highlands, this triplex offers a rare opportunity to own an income-producing property surrounded by the historic homes and tree-lined streets of Cherokee Road. The property consists of three units: Unit 1 features 2 bedrooms and 1 bathroom, Unit 2 offers 1 bedroom and 1 bathroom, and Unit 3 includes 2 bedrooms and 1.5 bathrooms. All three tenants are long-term, month-to-month residents with rents currently below market, providing a value-add opportunity for investors seeking to increase revenue over time. Utilities are landlord-friendly, with LG&E individually metered and water expenses billed back to the tenants. Perfect for an individual to live in one unit and rent out the other two.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
Listing Courtesy: GRISANTI GROUP COMMERCIAL REAL ESTATE - 502-253-1811
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EXIT REALTY CRUTCHER
8911 Greeneway Commons Pl, Louisville, KY 40220
Office
502 327 9838
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