Last Sold Price
5 beds5 baths6,375 sqft$168/sqft
1016 R Cherokee Road, Louisville, KY 40204

Description

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...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.
LISTING CLOSED: 07/07/2023 03:18 PM

  1. Listed by James Peterworth • Brokerage DRE #178294 • Kentucky Select Properties
    P: (502) 826-5500 C: (502) 826-5500 jpeterworth@kyselectproperties.com

Property Details for 1016 R Cherokee Road

Status
MLS #
1636498
Days on Market
13
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Apartment
Year Built
1880
Lot Size
0.00 AC / 0 SF
Architectural Style
Traditional
Subdivision Name
CHEROKEE TRIANGLE

Location

Listing Courtesy of Kentucky Select Properties

Sold By Kentucky Select Properties

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Building Information for 1016 R Cherokee Road

Stories-Residences5Year Built1880Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$5,439 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,439

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1016 R Cherokee Road

Summary
Location and General Information
  • Directions: Grinstead Dr. OR Highland Ave. to street
  • Latitude: 38.240338
  • Longitude: -85.722463
  • MLS Area Major: 02-Butchertwn/Hghlnds/Germantwn
  • MLS Area Minor: 02-Butchertwn/Hghlnds/Germantwn
Taxes and HOA
  • Association: No
  • Parcel Number: 075C00740000
  • Tax Block: 075c
  • Tax Lot: 0074
Parking
  • Garage: No
Property
Lot Information
  • Lot Features: Sidewalk
Property and Assessments
  • Above Grade Finished Area: 5307.0
  • Building Area Source: Appraiser
  • Building Area Total: 5307.0
  • Living Area: 6375.0
  • Year Built: 1880
Building Features
  • Construction Materials: Brick
Utilities
  • Utilities: Electricity Connected, Fuel:Natural
  • Water Source: Public
Multi Family
Multi Family Information
  • Number Of Units Total: 5
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Patio, Porch
  • Roof: Shingle
Interior Features
  • Basement: No
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes

Property History for 1016 R Cherokee Road

DateEvent & SourcePriceAppreciation
Jul 7, 2023

Sold

Greater Louisville Association of REALTORS #1636498

$1,070,037
Jul 7, 2023

Contract Signed

Greater Louisville Association of REALTORS #1636498

May 15, 2023

Listed (Active)

Greater Louisville Association of REALTORS #1636498

$1,150,000
DateEvent & SourcePrice
07/07/2023

Sold

Greater Louisville Association of REALTORS #1636498

$1,070,037
07/07/2023

Contract Signed

Greater Louisville Association of REALTORS #1636498

05/15/2023

Listed (Active)

Greater Louisville Association of REALTORS #1636498

$1,150,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1016 R Cherokee Road

This home is within Jefferson County.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Chenoweth Elementary School
PublicPK to 5

Alex R. Kennedy Elementary School
PublicPK to 5

Field Elementary School
PublicK to 5

Breckinridge/Franklin Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Kentucky Select Properties

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