This beautiful 4200 Sq. Ft. Circa 1900 Victorian now houses 4 rental units. 1st time on the market since 2006. All units are separately metered for gas and electricity giving a better profit margin. The owner pays for water/sewer. The units were updated back in the 90's and have great spaces and are easy to rent. This building has two 1-bedroom units and two 3-bedroom units. The building has off-street parking for residents. This investor is also selling 1115 S. First St. (4 units) and 1233 S. Second St. (5 units). These buildings can be purchased individually or as a package. Please see attached rent roll for details on units.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1900
Living Area: 4,200 SqFt
Listing Office:
Office Name: RE/MAX 100
Exterior Features
Exterior Information:
Exterior: Deck, Porch
Lot Features
Lot Information:
Lot: Sidewalk
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: I-65 exit St. Catherine, left on 1st St. to property
Price Information
Listing Price Info
Price Summary:
List Price: $425,000
Price Per SqFt: $101/SqFt
Tax Information:
Annual Amount: $3,405
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Louisville, KY.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,189
Per Month
Principal & Interest
$2,122
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,341
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Engelhard Elementary School
1004 S 1st St
Distance between this listing and this school0.12 miles
Public District Grades KG-5
1
/10
Cochran Elementary School
500 W Gaulbert Ave
Distance between this listing and this school0.96 miles
Public District Grades KG-5
1
/10
Shelby Elementary School
735 Ziegler St
Distance between this listing and this school1.05 miles
Public Magnet Grades KG-5
Nearby Schools
5
/10
Meyzeek Middle School
828 S Jackson St
Distance between this listing and this school0.57 miles
Public Magnet Grades 6-8
6
/10
Noe Middle School
121 W Lee St
Distance between this listing and this school0.90 miles
Public Magnet Grades 6-8
7
/10
Jefferson County Traditional Middle School
1418 Morton Ave
Distance between this listing and this school1.52 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
Jefferson County High School
900 S Floyd St
Distance between this listing and this school0.33 miles
Public District Grades 7-12
10
/10
Dupont Manual High School
120 W Lee St
Distance between this listing and this school0.90 miles
Public Magnet Grades 9-12
10
/10
J. Graham Brown School
546 S 1st St
Distance between this listing and this school0.98 miles
The neighbors living near this home have an average income of $33,986. The majority of Louisville, KY residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 1111 S 1st St in Louisville, KY and zip code 40203 in the Old Louisville neighborhood. This 4,200 square foot home was built in 1900. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $425,000.
In October 2024, from all listings sold in Louisville, KY there were more than 211 sold above asking price, over 346 sold below and more than 193 were sold right at the asked price. In October 2024 in Louisville, KY there were 6.9% more homes for sale than in September 2024. Listings spent 15 days on the market in October 2024, and had a median list price of $252,697 during the same period.
From Rocket Homes Real Estate and based on county public records data.