8 months on rocket

1908 Crums Ln, Louisville, KY, 40216

$1,200,000

Home List Price

$10,000*

Closing Credit

24 Bedrooms
12 Full Baths
876 SqFt
$1,370/SqFt
Multi

Location

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1908 Crums Ln, Louisville$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Parking11 - 20 Spaces
Year Built9999
MLS #24007638
Lot Size0.99 Acres
StatusActive

About 1908 Crums Ln

Investment Opportunity: Fully Occupied, Cash-Flowing 12-Unit Property!We are thrilled to present a unique investment opportunity at [Property Address]. This 12-unit property has been fully remodeled and is currently cash flowing with great tenants in place.Key Highlights:Fully Occupied: All 12 units are fully occupied with reliable tenants, ensuring consistent cash flow from day one.Recent Renovations: The property has undergone extensive remodeling, minimizing maintenance costs and maximizing tenant satisfaction.Strong Rental Income: With competitive rental rates, this property generates substantial monthly income.Desirable Location: Situated in a prime location, this property is highly attractive to tenants, ensuring high occupancy rates.

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Living Area: 876 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 624-6448

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 12
  • Total Bedroom Count: 24

Exterior Features

Parking Information:

  • Parking: 11 - 20 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.99 Acres

Other

Directions Information:

  • Directions: CRUMS LANE ON THE CORNER

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $1,370/SqFt
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Housing Market Comparison

See how this home compares to others in Louisville, KY.

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Louisville, KY

City

Med. Sold Price

$254.8K

Med. Price/SqFt

$186

Avg. Days On Market

125

# of Sold Homes

653

1908 Crums Ln vs Louisville

245 DAYS ON ROCKET

+120 Days

$1,200,000

+$945.1K More

$1,370/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $945.1K more than the Median Sold Price and $1.1K/SqFt more than other homes in Louisville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24007638

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 624-6448

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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.

Nearby Schools

school-card-donut-791948
1
/10

  • Mill Creek Elementary School

  • 3816 Dixie Hwy

  • 0.39 miles

  • Public Magnet Grades KG-5

school-card-donut-791949
1
/10

  • Jacob Elementary School

  • 3701 E Wheatmore Dr

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-791950
5
/10

  • Schaffner Traditional Elementary School

  • 2701 Crums Ln

  • 0.82 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,289. Most Louisville, KY residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Louisville, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Louisville, KY?

Louisville offers a diverse array of housing options, with single-family homes making up a significant portion of the market. These homes showcase a mix of architectural styles, including Victorian, colonial, and contemporary designs. The city also provides a range of multi-family dwellings, such as apartments and condominiums, appealing to various lifestyle needs. The housing market is dynamic, with a healthy balance of historic homes and newer constructions.

Is Louisville, KY a good place to live?

Louisville is celebrated for its vibrant cultural scene and the famous Kentucky Derby, which reflects the city's rich equestrian heritage. The community prides itself on its expansive parks system and the annual festivals that bring residents together, showcasing the city's strong sense of community and tradition.

Are things conveniently located in Louisville, KY?

The city is served by a robust educational system, including numerous public and private schools that cater to a range of educational preferences. Louisville's healthcare network is comprehensive, with several hospitals and clinics providing specialized services to meet the community's needs. The public library system is well-established, offering resources and programs for all ages. Retail and dining options are plentiful, with an emphasis on local cuisine and unique shopping experiences.

What does the transportation in Louisville, KY look like?

Louisville's transportation infrastructure includes an extensive network of roads and highways, facilitating easy travel and commuting within the city and to surrounding areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city is also making strides in enhancing walkability and bikeability, particularly in the downtown area and other key neighborhoods.

Rocket Homes›Kentucky›Jefferson County›Louisville›40216›1908 Crums Ln

This home is located at 1908 Crums Ln in Louisville, KY and zip code 40216. This 876 square foot home, which was built in 9999, sits on a 0.99 acre lot. Features: 24 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $1,200,000.

In November 2024 more than 183 listings in Louisville, KY were sold above the asking price. During the same period more than 190 listings were sold at asking price, while more than 280 were sold below. The inventory of homes for sale in Louisville, KY between October 2024 and November 2024 decreased by 3.1%. The median list price of listings available in November 2024 was $254,840, while the average time on the real estate market was 125 days.

From Rocket Homes Real Estate and based on county public records data.

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