Previous buyer did not perform. No inspection or appraisal was completed. Serious inquiries only please. Opportunity Zone and Historic Tax Credit potential! Welcome to the Historic Portland Tavern Building - A property with a rich history in the heart of Louisville, KY. This historic building, originally the Portland Grocery/Tavern, offers a unique opportunity for investors, entrepreneurs, or those with a passion for preserving history. Property Details: Zoning: C-R (Commercial-Residential) Property Type: Duplex Historic Tax Credits: Yes Opportunity Zone: Yes Potential Uses: Short Term Rentals, Long Term Rentals, Pub or Tavern Concept Please review the drawings and floor plan schematics designed to bring the space back to life as a tavern with upstairs STR unit Historical Charm: The soul of this property lies in its history. The limestone threshold at the front of the property, worn with a unique pattern from years of foot traffic entering and exiting the Tavern, tells a story of Louisville's past. Owning this property means becoming a steward of the city's heritage. Current Condition: While the property's current condition is in need of some TLC, it remains livable. This presents an excellent opportunity for both investors and owner-occupants who are willing to live on-site while undertaking the necessary renovations. The potential for restoration and revitalization is boundless. Investment Potential: Whether you envision transforming this space into a vibrant short-term rental, a cozy long-term rental, or reviving it as a pub or tavern, the versatile C-R zoning opens the door to numerous possibilities. With a touch of creativity and a commitment to preserving history, this property can once again become a thriving establishment in Louisville's vibrant community. Don't miss out on this chance to own a piece of Louisville's history and contribute to its future.
Property Details
Property Features
Property Information:
Architectural Style: Shotgun
Year Built: 1880
Living Area: 2,131 SqFt
Listing Office:
Office Name: Allodium Real Estate
Exterior Features
Exterior Information:
Exterior: None
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Electric, Natural Gas
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: I-64 west to the 22nd street exit. First right onto Northwestern Parkway, property will be on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $135,000
Price Per SqFt: $63/SqFt
Tax Information:
Annual Amount: $1,177
Tax Year: 2020
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Atkinson Elementary School
2811 Duncan St
Distance between this listing and this school0.75 miles
Public Magnet Grades KG-5
3
/10
Portland Elementary School
3410 Northwestern Pkwy
Distance between this listing and this school0.82 miles
Public Magnet Grades KG-5
1
/10
Byck Elementary School
2328 Cedar St
Distance between this listing and this school1.22 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 school0.86 miles
Public Magnet Grades 6-8
3
/10
Hazelwood Middle School
1021 Hazelwood Ave
Distance between this listing and this school2.19 miles
Public District Grades 5-8
4
/10
Clarksville Middle School
101 Ettels Ln
Distance between this listing and this school2.21 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 school1.66 miles
Public Magnet Grades 6-12
4
/10
Central High Magnet Career Academy
1130 W Chestnut St
Distance between this listing and this school1.89 miles
Public Magnet Grades 9-12
4
/10
Clarksville Senior High School
800 Dr Dot Lewis Dr
Distance between this listing and this school2.07 miles
The neighbors living near this home have an average income of $14,519. Residents of Louisville, KY typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 2516 Northwestern Pkwy in Louisville, KY and zip code 40212 in the Portland neighborhood. This 2,131 square foot home, which was built in 1880, sits on a 0.10 acre lot. It has been listed on Rocket Homes since January 13, 2024 and is currently priced at $135,000.
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. The number of listings in Louisville, KY decreased by 3.1% between October 2024 and November 2024. Listings spent 125 days on the market in November 2024, and had a median list price of $254,840 during the same period.
From Rocket Homes Real Estate and based on county public records data.