1016 R Cherokee Rd

Louisville, KY 40204 View Map $1,070,037 Ask a Question
Sq.Ft.6,375
Year1880
1016 R Cherokee Rd Louisville KY 40204 | MLS#1636498 Photo 1
1016 R Cherokee Rd Louisville KY 40204 | MLS#1636498 Map
James Peterworth

James Peterworth

(502) 724-4150
Associate Broker, CRS, GRI, ABR, GREEN

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Status: Sold
Property Type:Apartment
MLS #:1636498
Sq. Feet:6,375
Date Sold:7/7/2023
County:Jefferson
1016 Cherokee Rd is a five-plex with an excellent rental history. This 1880 Victorian was originally built by then mayor of Louisville for his two daughters to live side by side in a magnificent family compound. 1016 Cherokee Rd is comprised of four units in the main house and one unit in the carriage house and has 6,375 total finished square feet, with an additional 1225 sq ft of unfinished space in the carriage house. The first-floor unit earns $1750/month, is a two bedroom, two bath, with remodeled kitchen and bath and washer and dryer. Beautiful entryway, dining room and living room. The second floor has two units, $850 each/ month, one bed, one bath in each, washer dryer access in cellar. The third-floor rent is $925/month, one bed, one bath, washer and dryer in unit. The carriage house unit earns $1200/month, one bed, one bath, washer and dryer in unit. Unfinished space next door could be used to add sq ft to the existing unit. Lots of updates over the years. The grounds are beautiful. Excellent, highly desirable area for renters and owners alike. So close to dining, shopping, banks, coffee, nightlife. 48 hours' notice to show. All units rented with leases in place.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
7/7/2023$1,150,000$1,070,037-7%

Community Information

Address:1016 R Cherokee Rd, Louisville, KY 40204
Area:2 - Butchertown / Highlands / Germantown
County:Jefferson
City:Louisville
Subdivision:Cherokee Triangle
Zip Code:40204
Neighborhood:02-Butchertwn/Hghlnds/Germantwn

Architecture

Year Built:1880
Style:Traditional
Construction Materials: Brick
Roof: Shingle

Features / Amenities

Exterior Features: Patio, Porch
Cooling: Central Air
Heating: Forced Air

Square Footage

Finished Sq. Ft.
Above Grade 5307
Below Grade 0
Total 0

Property Features

Lot Features: Sidewalk
Utilities: City Sewer, City Water, Electricity Connected, Fuel:Natural
Directions:Grinstead Dr. OR Highland Ave. to street

Tax and Financial Info

Owner Pays: Sewer, Water
Tenant Pays: Cable, Electric, Gas
Association Fee: 0.0

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 7/25/2024
Listing provided courtesy of Kentucky Select Properties.
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