1224 Cherokee Rd, Louisville, KY 40204
NONE · Jefferson County
Key Facts
Description
PRIME REAL ESTATE ALERT: Six massive, built-as units on Cherokee Road in the coveted Cherokee Triangle! The Appleton Apartments offer an incredibly rare, generational acquisition opportunity in one of the city's highest-appreciating sub-markets.Value-Add Potential: Four vacant on-site garages ready to rent for instant upside.Premium Layouts: Huge 2BR/1BA and 3BR/1BA units packed with historic charm. Low Owner Expenses: Separately metered for LG&E.Tenant Amenities: Rear egress to a shared back yard, plus select in-unit laundry hookups. Turnkey potential for institutional portfolios or private wealth builders. Act fast—this sub-market rarely opens up!
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Style
Traditional
Year Built
1960
Living Area
8,550 sq ft
Lot Dimensions
45X180
Garage Spaces
4
Parking Spaces
4
MLS® Listing#
1718600
Property Features
- Exterior:
- None
- Cooling:
- Central Air
- Heating:
- Forced Air
- Parking:
- Covered
- Patio:
- Deck
- Construction:
- Brick Veneer, Frame
- Roof:
- Shingle
- Other Structures:
- Garage(s)
- Utilities:
- Natural Gas Available, Electricity Connected
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- HOA:
- None
- Parcel #:
- 10075E00440000
Directions
Bardstown Road or Grinstead Road to Street
Affordability Calculator
$200,000
Estimated monthly payment
$5,322/mo
Principal $800,000 · Est. interest $1,116,071 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Louisville, KY
- $300,733
- Median Listing Price
- 41
- Median Days on Market
- 1,719
- Median Sq Ft
- $165
- Median Price / Sq Ft
- 2,202
- Active Listings
- This home’s price is 233% above the area median.
- Its price per sq ft is 29% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Louisville, KY.
Location
- 1224 Cherokee Rd, Louisville, KY 40204
Nearby Schools
Bloom Elementary School
Elementary · 0.2 mi away
St. James School
School · 0.5 mi away
Jefferson County Traditional Middle School
Secondary · 0.6 mi away
De Paul School
Secondary · 0.8 mi away
St Therese Catholic Church
School · 0.8 mi away
Breckinridge Franklin Elementary School
Elementary · 0.9 mi away
Breckinridge Metropolitan High
Secondary · 0.9 mi away
Highland Middle School
Secondary · 1.1 mi away
Saint Agnes Catholic School
School · 1.2 mi away
Holy Trinity Clifton School
School · 1.2 mi away
Home of the Innocents School
School · 1.3 mi away
St Xavier High School
Secondary · 1.4 mi away
St Xavier High School
Secondary · 1.4 mi away
Kentucky School for the Blind
Elementary · 1.4 mi away
Barret Traditional Middle School
Secondary · 1.4 mi away
Peace Academy
School · 1.5 mi away
Lincoln Elementary Performing Arts School
Elementary · 1.5 mi away
Shelby Traditional Academy
School · 1.8 mi away
The Academy at Saint Andrews
School · 1.8 mi away
JCPS Eschool
School · 1.9 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Louisville
Listing Courtesy: Weichert Realtors - ABG - 5028931900