See Home Value
$1,158,916*
Multifamily - Off Market

1016 R Cherokee Rd

Louisville, KY 40204
bedrooms
Studio
bathrooms
5 Baths
square feet
6375 Sqft
$1,035,000 - $1,265,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

1016 Cherokee Rd is a five-plex with an excellent rental history.  This 1880 Victorian was originally built by then mayor of Louisville for his two daughters to live side by side in a magnificent family compound.  1016 Cherokee Rd is comprised of four units in the main house and one unit in the carriage house and has 6,375 total finished square feet, with an additional 1225 sq ft of unfinished space in the carriage house. The first-floor unit earns $1750/month, is a two bedroom, two bath, with remodeled kitchen and bath and washer and dryer.  Beautiful entryway, dining room and living room.  The second floor has two units, $850 each/ month, one bed, one bath in each, washer dryer access in cellar.  The third-floor rent is $925/month, one bed, one bath, washer and dryer in unit. The carriage house unit earns $1200/month, one bed, one bath, washer and dryer in unit.  Unfinished space next door could be used to add sq ft to the existing unit.  Lots of updates over the years.  The grounds are beautiful.  Excellent, highly desirable area for renters and owners alike.  So close to dining, shopping, banks, coffee, nightlife.  48 hours' notice to show.  All units rented with leases in place.

The manager has listed the unit size as 6375 square feet.
Unit Size
6,375Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
May 31, 2023 No longer available -
No longer available
May 15, 2023 Listed $1,150,000
Listed

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Brick


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1016 Cherokee Road 1016 Cherokee Road, Louisville, KY 40204
  • 1 Unit for Sale
More about this Building
1016 Cherokee Road
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About The Highlands


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