2 months on rocket

2411 S Shelby St, Louisville, KY, 40217

$216,900

Home List Price

$2,576*

Closing Credit

0 Baths
1,536 SqFt
$141/SqFt
Condo

Location

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2411 S Shelby St, Louisville$216,900

Buyer Closing Credits

$2,576*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1922
HeatingForced Air, Natural Gas
CoolingCentral Air, Wall/Window Unit(s)
MLS #1669826
Lot Size0.09 Acres
StatusActive

About 2411 S Shelby St

Welcome to 2411 S. Shelby Street. This 5-plex apartment building presents an excellent investment opportunity. Convenient to UofL, downtown Louisville, Audubon Park, Germantown, and the Highlands, potential tenants will love the central location. This property is zoned C-1 and has endless possibilities for end use. You could keep the current apartment layout as-is (5 one bedroom, one bath units), and potentially renting units 1, 2, and 5 to high paying Section 8 tenants and enjoying a cash-cow. You could live in one of the units and rent out the others to house hack. Or convert the main floor to a short-term rental or storefront space while keeping three one bedroom apartments above and below. The roof, siding, windows, and storm windows are all updated. New kitchen cabinets for all 5 units (not yet installed) are included and convey with the property. All 5 units have separate electric meters while the gas and water are each on one shared meter. The whole building is serviced by one HVAC system and one water heater, saving potential headaches and costs from multiple systems. This property is being sold "as-is."

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1922
  • Living Area: 1,536 SqFt

Listing Office:

  • Office Name: May Team REALTORS

Exterior Features

Exterior Information:

  • Exterior: Porch

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: I-264 (Watterson Expressway) to Exit 11. Go North on Preston Highway. Continue Straight on S. Shelby Street at split with S. Preston Street. Building will be on the right in between Clarks Lane and Minoma Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $216,900
  • Price Per SqFt: $141/SqFt

Tax Information:

  • Annual Amount: $2,018
  • 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

2411 S Shelby St vs Louisville

88 DAYS ON ROCKET

-37 Days

$216,900

-$37.9K Less

$141/SqFt

-$45 Less

KEY TAKEAWAY

This property is $37.9K less than the Median Sold Price and $45/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: #1669826

Listing Office:

  • Office Name: May Team REALTORS

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: 12/3/2024, 1:20:54 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$2,018$146,850
2019$1,970$146,850
2018$1,914$146,850
2017$1,914$146,850

History based on county public records data.

Payment Calculator

$1,150

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$717

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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-3515907
7
/10

  • Audubon Traditional Elementary School

  • 1051 Hess Ln

  • 0.68 miles

  • Public Magnet Grades KG-5

school-card-donut-3515908
1
/10

  • Shelby Elementary School

  • 735 Ziegler St

  • 0.70 miles

  • Public Magnet Grades KG-5

school-card-donut-3515909
1
/10

  • Cochran Elementary School

  • 500 W Gaulbert Ave

  • 1.47 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,250. Typical income of Louisville, KY residents is between $35k-100k annually. 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

Frequently Asked Questions About 2411 S Shelby St

What is the listing price of this property?

The listing price of 2411 S Shelby St property is $216,900.

What type of property is this?

The property 2411 S Shelby St is a condo located in Louisville, Kentucky, 40217.

Is this property for sale now?

Active Listing: 2411 S Shelby 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 $2,018 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 2411 S Shelby St is 1,536 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2411 S Shelby St is 1922.

Rocket Homes›Kentucky›Jefferson County›Louisville›40217›2411 S Shelby St

This home is located at 2411 S Shelby St in Louisville, KY and zip code 40217 in the Schnitzelburg neighborhood. This 1,536 square foot home, which was built in 1922, sits on a 0.09 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $216,900.

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 listings in Louisville, KY decreased by 3.1% between October 2024 and November 2024. In November 2024 median list price was $254,840 and the average listing age was 125 days.

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

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