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Backup Offers

1223 S 2nd St, Louisville, KY, 40203

$425,000

Home List Price

$5,047*

Closing Credit

0 Baths
2,844 SqFt
$149/SqFt
Condo

Location

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1223 S 2nd St, Louisville$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1900
HeatingForced Air, Natural Gas
CoolingCentral Air, Wall/Window Unit(s)
MLS #1668488
StatusAccepting Backup Offers
(Active Under Contract)

About 1223 S 2nd St

Located on South 2nd Street in the heart of Old Louisville, this seven-unit multi-family property presents a lucrative investment opportunity. Situated on a prime block with history and high demand, the property has active leases in place as well as potential for increased rents and property improvement to further enhance its profitability.The property can also be bundled and purchased with the adjacent property at 1219 S 2nd St to further add doors to any rental portfolio.

Property Details

Property Features

Property Information:

  • Architectural Style: Tri-Level
  • Year Built: 1900
  • Living Area: 2,844 SqFt

Listing Office:

  • Office Name: Lenihan Sotheby's International Realty

Exterior Features

Exterior Information:

  • Exterior: Deck

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: North or south on S 2nd Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $149/SqFt

Tax Information:

  • Annual Amount: $2,203
  • Tax Year: 2020
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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

1223 S 2nd St vs Louisville

122 DAYS ON ROCKET

-3 Days

$425,000

+$170.1K More

$149/SqFt

-$37 Less

KEY TAKEAWAY

This property is $170.1K more than the Median Sold Price and $37/SqFt less than other homes in Louisville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1668488

Listing Office:

  • Office Name: Lenihan Sotheby's International Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX 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. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. 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, 12:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,203$160,350
2019$2,151$160,350
2018$1,828$140,250
2017$1,828$140,250

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-711165
1
/10

  • Engelhard Elementary School

  • 1004 S 1st St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-711166
1
/10

  • Cochran Elementary School

  • 500 W Gaulbert Ave

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-711167
1
/10

  • Shelby Elementary School

  • 735 Ziegler St

  • 0.96 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 $12,872. The most common annual income of people living in Louisville, KY is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1223 S 2nd St

What is the listing price of this property?

The listing price of 1223 S 2nd St property is $425,000.

What type of property is this?

The property 1223 S 2nd St is a condo located in Louisville, Kentucky, 40203.

Is this property for sale now?

Accepting Backup Offers: 1223 S 2nd St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,203 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 1223 S 2nd St is 2,844 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1223 S 2nd St is 1900.

Rocket Homes›Kentucky›Jefferson County›Louisville›40203›1223 S 2nd St

This home is located at 1223 S 2nd St in Louisville, KY and zip code 40203 in the Old Louisville neighborhood. This 2,844 square foot home was built in 1900. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $425,000.

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

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

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