This is a great opportunity for an entry-level investor in the Louisville market. This fourplex has three two-bedroom units plus a fourth unit that has an extra room that could potentially be used as a third bedroom. The property currently has two vacancies, creating an opportunity for an investor to raise rent and maximize profits. Each unit is separately metered for LG&E, with its own HVAC system and hot water heater. There are washer/dryer hookups in every apartment, vinyl flooring, plus ample off street parking.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1968
Living Area: 3,812 SqFt
Listing Office:
Office Name: PRG Commercial Property Advisors
Exterior Features
Exterior Information:
Exterior: Porch
Utilities
Utilities Information:
Heating: Forced Air
Other
Directions Information:
Directions: Get on I-65 S 2 min (0.5 mi)  Continue on I-65 S. Take I-264 W to KY-1865 N/Taylor Blvd. Take exit 9 from I-264 W 8 min (7.5 mi)  Continue on KY-1865 N/Taylor Blvd. Take Berry Blvd to Georgetown Cir
Price Information
Listing Price Info
Price Summary:
List Price: $325,000
Price Per SqFt: $85/SqFt
Tax Information:
Annual Amount: $1,369
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.
$1,690
Per Month
Principal & Interest
$1,623
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
$1,041
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
Jacob Elementary School
3701 E Wheatmore Dr
Distance between this listing and this school0.18 miles
Public District Grades KG-5
1
/10
Mill Creek Elementary School
3816 Dixie Hwy
Distance between this listing and this school0.89 miles
Public Magnet Grades KG-5
1
/10
Hazelwood Elementary School
1325 Bluegrass Ave
Distance between this listing and this school1.11 miles
Public District Grades KG-5
Nearby Schools
1
/10
Olmstead North Middle School
4530 Bellevue Ave
Distance between this listing and this school1.21 miles
Public Magnet Grades 6-8
1
/10
Olmstead South Middle School
5650 Southern Pkwy
Distance between this listing and this school1.76 miles
Public Magnet Grades 6-8
6
/10
Noe Middle School
121 W Lee St
Distance between this listing and this school2.81 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Butler Traditional High School
2222 Crums Ln
Distance between this listing and this school1.14 miles
Public Magnet Grades 9-12
1
/10
Iroquios High School
4615 Taylor Blvd
Distance between this listing and this school1.63 miles
Public Magnet Grades 9-12
10
/10
Dupont Manual High School
120 W Lee St
Distance between this listing and this school2.82 miles
The neighbors living near this home have an average income of $16,280. Residents of Louisville, KY typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 1710 Liberty Bell Way in Louisville, KY and zip code 40215 in the Jacobs neighborhood. This 3,812 square foot home was built in 1968. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $325,000.
While more than 211 listings in Louisville, KY in October 2024 were sold above asking price, there were more than 193 listings sold at asking price, and more than 346 were sold below. The number of homes for sale in Louisville, KY increased by 6.9% between September 2024 and October 2024. In October 2024 median list price was $252,697 and the average listing age was 15 days.
From Rocket Homes Real Estate and based on county public records data.