new - 2 days on rocket

2701 W Madison St, Louisville, KY, 40211

$130,000

Home List Price

$1,544*

Closing Credit

4 Bedrooms
2 Full Baths
1,588 SqFt
$82/SqFt
House

Location

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2701 W Madison St, Louisville$130,000

Buyer Closing Credits

$1,544*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff-Street Parking
Year Built1900
HeatingForced Air, Natural Gas
CoolingCentral Air, Zoned, Ductless
BasementYes
MLS #1676839
Lot Size0.11 Acres
StatusActive

About 2701 W Madison St

Attention investors! This 4-bedroom, 2-bathroom turnkey property at 2701 W Madison is the perfect addition to your portfolio. With a new lease in place, tenants are already paying $1500/month and covering all utilities, providing immediate cash flow from day one. Priced to sell quickly, this spacious home offers a strong ROI and hassle-free investment opportunity. Don't miss your chance to capitalize on this income-generating gem! Schedule a showing today.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,588 SqFt

Listing Office:

  • Office Name: Totally About Houses

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Screened in Porch

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Zoned, Ductless

Other

Directions Information:

  • Directions: Take 64 West to River Park and Muhammad Ali. Head 1 block south to Vermont Ave. Left on Vermont Ave. East on Madison St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $130,000
  • Price Per SqFt: $82/SqFt

Tax Information:

  • Annual Amount: $343
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$254.8K

Med. Price/SqFt

$186

Avg. Days On Market

125

# of Sold Homes

653

2701 W Madison St vs Louisville

2 DAYS ON ROCKET

-123 Days

$130,000

-$124.8K Less

$82/SqFt

-$104 Less

KEY TAKEAWAY

This property is $124.8K less than the Median Sold Price and $104/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: #1676839

Listing Office:

  • Office Name: Totally About Houses

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, 1:21:04 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$343$24,940
2019$334$24,940
2018$308$23,620
2017$308$23,620

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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-714068
1
/10
  • Byck Elementary School

  • 2328 Cedar St

  • 0.31 miles

  • Public Magnet Grades KG-5

school-card-donut-714069
2
/10
  • Atkinson Elementary School

  • 2811 Duncan St

  • 0.73 miles

  • Public Magnet Grades KG-5

school-card-donut-714070
6
/10
  • Brandeis Elementary School

  • 2817 W Kentucky St

  • 0.77 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,048. The majority of Louisville, KY residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2701 W Madison St

What is the listing price of this property?

The listing price of 2701 W Madison St property is $130,000.

What type of property is this?

The property 2701 W Madison St is a house located in Louisville, Kentucky, 40211.

Is this property for sale now?

Active Listing: 2701 W Madison 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 $343 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2701 W Madison St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2701 W Madison St is 1,588 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2701 W Madison St is 1900.

Rocket HomesKentuckyJefferson CountyLouisville402112701 W Madison St

This home is located at 2701 W Madison St in Louisville, KY and zip code 40211 in the Russell neighborhood. This 1,588 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $130,000.

Louisville, KY housing market in November 2024 saw over 183 listings sold above listed price, more than 190 sold at listed price and over 280 sold below. The number of homes for sale in Louisville, KY decreased by 3.1% between October 2024 and November 2024. 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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