new - 4 days on rocket

1231 S 4th St, Louisville, KY, 40203

$695,000

Home List Price

$8,253*

Closing Credit

0 Baths
6,323 SqFt
$110/SqFt
Condo

Location

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1231 S 4th St, Louisville$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1900
HeatingZoned, Ductless
MLS #1676644
StatusActive

About 1231 S 4th St

This well-maintained seven unit Old Louisville property was gutted and renovated in 2003, including new plumbing and electrical, and currently is in excellent condition. There are a mix of units: one 3BR/2BA, one 2BR/1.5BA, two 2BR/1BA, two 1BR/1BA, and a studio, with room to increase rental revenue. The spacious apartments all have a dishwasher (except the studio), hardwood floors, updated kitchens and bathrooms, and four units have W/D hookups. There is also common laundry in the basement for an additional fee. There are separate HVAC and/or minisplits with separate meters (see note on rent roll). The beautiful common area is in excellent condition and the rear off street parking was recently repaved. This is an excellent opportunity to invest in a turnkey multifamily prop.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Living Area: 6,323 SqFt

Listing Office:

  • Office Name: PRG Commercial Property Advisors

Exterior Features

Exterior Information:

  • Exterior: Porch

Utilities

Utilities Information:

  • Heating: Zoned, Ductless

Other

Directions Information:

  • Directions: 4th south of Oak

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $110/SqFt

Tax Information:

  • Annual Amount: $5,496
  • 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

1231 S 4th St vs Louisville

4 DAYS ON ROCKET

-121 Days

$695,000

+$440.1K More

$110/SqFt

-$76 Less

KEY TAKEAWAY

This property is $440.1K more than the Median Sold Price and $76/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: #1676644

Listing Office:

  • Office Name: PRG Commercial Property Advisors

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: 12/18/2024, 11:51:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 15, 2017Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,496$400,000
2019$5,366$400,000
2018$7,038$400,000
2017$7,038$540,000

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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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-137799
1
/10

  • Engelhard Elementary School

  • 1004 S 1st St

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-137800
1
/10

  • Cochran Elementary School

  • 500 W Gaulbert Ave

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-137801
1
/10

  • Shelby Elementary School

  • 735 Ziegler St

  • 1.09 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 $20,369. The most common annual income of people living in Louisville, KY is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1231 S 4th St

What is the listing price of this property?

The listing price of 1231 S 4th St property is $695,000.

What type of property is this?

The property 1231 S 4th St is a condo located in Louisville, Kentucky, 40203.

Is this property for sale now?

Active Listing: 1231 S 4th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,496 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 15, 2017 for $400,000. (source: MLS/tax record).

What is the square footage of this property?

The property 1231 S 4th St is 6,323 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1231 S 4th St is 1900.

Rocket Homes›Kentucky›Jefferson County›Louisville›40203›1231 S 4th St

This home is located at 1231 S 4th St in Louisville, KY and zip code 40203 in the Old Louisville neighborhood. This 6,323 square foot home was built in 1900. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $695,000.

In November 2024, from all listings sold in Louisville, KY there were more than 183 sold above asking price, over 280 sold below and more than 190 were sold right at the asked price. Between October 2024 and November 2024, Louisville, KY real estate market has seen decrease in the number of listings by 3.1%. While the average time on the market in November 2024 was 125 days, the median list price was $254,840.

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

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