1079 Cherokee Rd, Louisville, KY 40204

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1079 Cherokee Rd, Louisville, KY 40204

$650,000 (Active)

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Listed by: Joe Grisanti - GRISANTI GROUP COMMERCIAL REAL ESTATE

$$650,000

Active

est.$650,000/month.

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5 beds. baths. 5,898 Sqft.

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1079 Cherokee Rd, Louisville, KY 40204

$650,000

Active

est.$650,000/month.

Start My Approval

5 beds baths 5,898 Sq.ft.

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Property details for 1079 Cherokee Rd, Louisville, KY 40204

Located in the highly desirable Cherokee Triangle neighborhood of The Highlands, this triplex offers a rare opportunity to own an income-producing property surrounded by the historic homes and tree-lined streets of Cherokee Road. The property consists of three units: Unit 1 features 2 bedrooms and 1 bathroom, Unit 2 offers 1 bedroom and 1 bathroom, and Unit 3 includes 2 bedrooms and 1.5 bathrooms. All three tenants are long-term, month-to-month residents with rents currently below market, providing a value-add opportunity for investors seeking to increase revenue over time. Utilities are landlord-friendly, with LG&E individually metered and water expenses billed back to the tenants. Perfect for an individual to live in one unit and rent out the other two.

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