1307 Cherokee Road

Louisville, KY 40204

Listing ID: 196686
$695,000
For Sale
  • Property Type Multifamily
  • Lot Size Acres 0.000
  • Building Sq Ft 4,498
  • Building Price per Sq Ft $154.51
  • Land Price per Sq Ft $154.51
Description

This Cherokee Triangle Victorian is perched in a coveted location one door away from Longest Ave. Though it is currently divided into 4 apartments, plus a carriage house apartment, it can easily be converted back to a single family home. Only 2 walls have been added to create the 2nd floor units. The 1st floor unit (1,717 sq. ft.) has a marble entry foyer, beautiful inlaid oak floors, huge custom kitchen, a breakfast room, & an enclosed rear porch. The 2nd floor has two units that total 1,538 sq. ft. unit and the 3rd floor unit is 1,243 sq. ft. As a single family, this would be a 6-7 BR, 5 full BA home. The 2-car garage has a 1-BR apt. unit above. The exterior is painted in a rich green & has its original slate roof. This property is perfect for an owner-occupant, for conversion to a single family or it could be a great long term investment.

Current Monthly Rent is as Follows:

#1 $1,200

#2 $875

#3 $895

#4 $1,250

Carriage House $1,025

Total Monthly: $5,245

Annual Rent: $62,940

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population15,613109,433263,241
Population Median Age393938
Population by Age0-9 Yrs1366 (8%)10369 (9%)31788 (12%)
10-19 Yrs1461 (9%)11019 (10%)29571 (11%)
20-29 Yrs3067 (19%)20701 (18%)44942 (17%)
30-39 Yrs2718 (17%)17383 (15%)37887 (14%)
40-49 Yrs1996 (12%)12104 (11%)29799 (11%)
50-59 Yrs2019 (12%)14705 (13%)34958 (13%)
60-69 Yrs1649 (10%)12902 (11%)29604 (11%)
70+ Yrs1336 (8%)10248 (9%)24692 (9%)
Median HH Income$62,441$47,301$43,802
Total Household Income< 24K1258 (16%)14305 (28%)33265 (29%)
25-49K1679 (22%)12124 (24%)29170 (25%)
50-74K1412 (18%)7589 (15%)18392 (16%)
75-99K890 (11%)5128 (10%)10821 (9%)
100-199K1612 (21%)8417 (16%)15583 (13%)
200K+621 (8%)2832 (5%)5124 (4%)
Highest Education LevelNo Diploma393607720529
Diploma or GED15741542845618
Some College21391649840845
Assoc. Degree504440712232
Bachelors Degree36771927134432
Higher Degree33201659026974
Total Housing Units8,25956,844129,508
--Owner-Occupied3,79724,67855,910
--Renter-Occupied3,67625,71656,444
Owner-Occupied Values< 100K209343615978
100-199K990849819102
200-299K110560439917
300-399K57630174884
400-499K44615042364
500K+47121793665
Total Working Age Population13,53693,928215,348
In Work Force9,89862,253138,895
Not In Work Force3,63831,67576,453
Workforce Employed9,62358,908129,160
Workforce Unemployed2533,2469,622
Civlian Workforce9,87662,154138,782
Military Workforce2299113
Total Households7,47350,394112,354
Family Households3,22021,47556,054
Non-Family Households4,25328,91956,300
Married Couple2,51814,92234,053
Other Family7026,55322,002
Married w/Child8965,15511,620
Single Male w/Child898122,256
Single Female w/Child3072,5809,505

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Kentucky4,041,769+74,339,367+44,533,464+44,726,382
Jefferson County693,604+7741,096+7790,010+6837,477
Indiana6,080,485+76,483,802+46,738,573+47,014,880
Clark County96,472+14110,232+9119,944+8129,070

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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