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
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
What's special
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#: 1672135
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