This 2,404 SF duplex offers an excellent opportunity for rehabbers! Units are already sub-metered. 1st Floor Unit: 2BR/1BA, 2nd Floor Unit: 3BR/1BA. The property just needs some finishing touches to become an income-producing duplex. The spacious backyard backs up to an extra-wide alley and offers convenient access as well as potential for future development or additional parking. Located one block from the Portland Branch Library (currently undergoing exciting renovations) and Portland Elementary School.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1900
Living Area: 2,404 SqFt
Listing Office:
Office Name: Kentucky Select Properties
Exterior Features
Exterior Information:
Exterior: Out Buildings, Porch
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: From I 64, Take Exit 3 - 22nd Street, turn right onto Portland Ave, go straight, property is on the right side of the street.
Price Information
Listing Price Info
Price Summary:
List Price: $99,000
Price Per SqFt: $41/SqFt
Tax Information:
Annual Amount: $687
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.
$562
Per Month
Principal & Interest
$495
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
$363
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
3
/10
Portland Elementary School
3410 Northwestern Pkwy
Distance between this listing and this school0.27 miles
Public Magnet Grades KG-5
2
/10
Atkinson Elementary School
2811 Duncan St
Distance between this listing and this school0.65 miles
Public Magnet Grades KG-5
1
/10
Byck Elementary School
2328 Cedar St
Distance between this listing and this school1.36 miles
Public Magnet Grades KG-5
Nearby Schools
3
/10
Western Middle School for the Arts
2201 W Main St
Distance between this listing and this school1.13 miles
Public Magnet Grades 6-8
3
/10
Hazelwood Middle School
1021 Hazelwood Ave
Distance between this listing and this school1.90 miles
Public District Grades 5-8
4
/10
Clarksville Middle School
101 Ettels Ln
Distance between this listing and this school2.46 miles
Public District Grades 5-8
Nearby Schools
1
/10
The Academy at Shawnee High School
4001 Herman St
Distance between this listing and this school1.26 miles
Public Magnet Grades 6-12
5
/10
New Albany Senior High School
1020 Vincennes St
Distance between this listing and this school1.80 miles
Public District Grades 9-12
4
/10
Central High Magnet Career Academy
1130 W Chestnut St
Distance between this listing and this school2.27 miles
The neighbors living near this home have an average income of $22,692. The most common annual income of people living in Louisville, KY is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 3119 Portland Ave in Louisville, KY and zip code 40212 in the Portland neighborhood. This 2,404 square foot home, which was built in 1900, sits on a 0.19 acre lot. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $99,000.
In November 2024 more than 183 listings in Louisville, KY were sold above the asking price. During the same period more than 190 listings were sold at asking price, while 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.