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Sold for $875,000 on 12/13/24
  • $875,000

    1224 Cherokee Rd, Louisville, KY 40204

    --beds
    --baths
    8,550sqft
    Apartment
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $102/sqft
    $2,208 Estimated rent

    Owner options

    List your home for rent

    $2,208/mo

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    $2,208/mo

    Rent Zestimate®

    Refinance and save

    $5,091/mo

    Est. payment

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    $5,091/mo

    Est. payment

    What's special

    Located in highly desirable Cherokee Triangle, on Cherokee Rd., Appleton Apartments contains six very large units in a built-as apartment property. There are both 2 and 3 BR units with hardwood floors, large rooms, and unique features. Some of the apartments have washer/dryer hookups, and are separately metered for LG&E. Each space has an additional rear egress with access to a back patio and common area yard. Four currently vacant garages are located on site that could be rented for further upside. Apartment properties in this sub-market do not come available often, and this generational opportunity is ideal for an experienced owner looking to add units to a portfolio, or a newer investor seeking to build long-term wealth in one of the city's most appreciating neighborhoods. > Very large 3BR/1BA & 2 BR/1BA units > In-unit washer/dryer hookups > Separate LG&E > Four garages located on-site

    Zillow last checked: 8 hours ago

    Listing updated: December 13, 2024 at 12:49pm

    Listed by:

    Jenny Johnston 502-645-1729,

    PRG Commercial Property Advisors

    Bought with:

    Robert J Butler, 245689

    Semonin REALTORS

    Source: GLARMLS,MLS#: 1672135MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 8,550
    • Total interior livable area: 8,550 sqft
    • Finished area above ground: 8,550
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Patio & porch: Deck
    Details
    • Parcel number: 0

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Wood Frame
    • Roof: Shingle
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Louisville
    • Subdivision: None

    HOA & financial

    HOA
    • Has HOA: No