1271 Cherokee Road

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Active
$1,290,000
8 beds10 baths6,285 sqft
1271 Cherokee Road, Louisville, KY 40204
Est: $7,585/moGet pre-approved
Multi FamilyProperty Type
0.24 acresLot Size
1890Year Built
$205/sq ftPrice per sq ft

Description

Exceptional investment opportunity in the heart of Louisville's highly sought-after Cherokee Triangle. This charming 7-unit multifamily property offers the rare combination of immediate cash flow, value-add potential, and an irreplaceable location surrounded by some of the city's most distinguished historic homes and tree-lined streets. The property consists of five residential units within the stately main residence and two additional units located in the separate carriage house, which benefits...Exceptional investment opportunity in the heart of Louisville's highly sought-after Cherokee Triangle. This charming 7-unit multifamily property offers the rare combination of immediate cash flow, value-add potential, and an irreplaceable location surrounded by some of the city's most distinguished historic homes and tree-lined streets. The property consists of five residential units within the stately main residence and two additional units located in the separate carriage house, which benefits from both front street access and rear alley access. Open on-site parking provides added convenience for residents and guests alike. Rich in architectural character and old-world craftsmanship, the buildings showcase the timeless appeal that makes Cherokee Triangle one of Louisville's most desirable neighborhoods. Residents enjoy exceptional walkability to local restaurants, coffee shops, Cherokee Park, and neighborhood amenities, supporting strong rental demand and long-term investment stability. Many of the units have been thoughtfully updated to blend historic charm with modern conveniences, featuring appointed kitchens, in-unit laundry, multiple bathrooms, spacious living areas, and attractive finishes. Two units are currently vacant and have recently undergone improvements including fresh paint, new bedroom carpeting, and professional cleaning, positioning them for immediate lease-up and enhanced income potential. Both just listed and are sure to become occupied quickly. Whether you're a seasoned investor seeking a quality asset in a premier rental market, an owner-occupant looking to offset expenses while living on-site, or a buyer searching for a property with future upside or single family conversion potential, this offering delivers flexibility and opportunity. The combination of strong location fundamentals, existing income, rental growth potential, and the enduring appeal of Cherokee Triangle creates a compelling investment rarely available in today's market. From the grand architecture, original leaded and stained-glass windows, unique unit layouts, and carriage house configuration to the opportunity for increased rents and continued modernization, 1271 Cherokee represents a unique chance to own a landmark multifamily asset in one of Louisville's most established and prestigious neighborhoods. Properties with this level of character, scale, income potential, and long-term upside are increasingly difficult to find so don't wait - schedule a tour today!
93 days on Market
  • Listed by: Amanda Helfrich 502.807.7319 amanda@homepagerealtyky.com Brokerage DRE #217901 • Homepage Realty
  • Listed by: Carrie King 502.291.5889 carrie@carriekingrealtor.com Brokerage DRE #217901 • Homepage Realty
Last updated: 07/24/2026 03:10 PM • Source: Greater Louisville Association of REALTORS, MLS#: 1721382

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$7,585 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,887

Property Taxes

$698

HOA Dues

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Property Information for 1271 Cherokee Road

Property Details
  • MLS Type: Residential Income / Apartment
  • County: Jefferson County
  • Architectural Style: Traditional
  • Subdivision Name: CHEROKEE TRIANGLE
Building Information
  • Residences: 7
  • Year Built: 1890
  • Lot Size: 0.24 AC / 10,393 SF
Summary
Location and General Information
  • Directions: Between Longest Ave and Patterson Ave
  • Latitude: 38.236991
  • Longitude: -85.714778
  • MLS Area Major: 02-Butchertwn/Hghlnds/Germantwn
  • MLS Area Minor: 02-Butchertwn/Hghlnds/Germantwn
Taxes and HOA
  • Association: No
  • Parcel Number: 075E00840000
  • Tax Block: 075E
  • Tax Lot: 0084
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Acres: 0.24
  • Lot Size Area: 10393.0
  • Lot Size Dimensions: 58X180
  • Lot Size Square Feet: 10393.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Above Grade Finished Area: 6285.0
  • Building Area Source: Appraiser
  • Building Area Total: 6285.0
  • Living Area: 6285.0
  • Year Built: 1890
Building Features
  • Construction Materials: Wood Frame, Stone
Utilities
  • Utilities: Electricity Connected, Fuel:Natural
  • Water Source: Public
Multi Family
Multi Family Information
  • Number Of Units Total: 7
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Patio And Porch Features: Porch
  • Roof: Composition
Interior Features
  • Basement: Yes
  • Bathrooms Total Integer: 10
  • Bedrooms Total: 8
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes

Property History for 1271 Cherokee Road

DateEvent & SourcePriceAppreciation
Jul 24, 2026

Price Change

Greater Louisville Association of REALTORS #1721382

$1,290,000—
Jun 24, 2026

Listed (Active)

Greater Louisville Association of REALTORS #1721382

$1,490,000—
Jul 11, 2005

Sold

Greater Louisville Association of REALTORS #1084211

$580,000—
DateEvent & SourcePrice
07/24/2026

Price Change

Greater Louisville Association of REALTORS #1721382

$1,290,000
06/24/2026

Listed (Active)

Greater Louisville Association of REALTORS #1721382

$1,490,000
07/11/2005

Sold

Greater Louisville Association of REALTORS #1084211

$580,000

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

Public Records for 1271 Cherokee Road

Taxable ValueLand$160,000Additions$505,190Total$665,190
Tax Record2025$8,381 ($698 / month)
Home Facts
Total Finished SqFt4,332 SqFtAbove Grade Finished SqFt4,332 SqFtStories3Lot Size10,393 SqFtStyleMulti-Family Res (5+ Units)Year Built1905Year Renovated1905ZoningR5B-RESIDECountyJEFFERSONAPN10075E00840000

Schools near 1271 Cherokee Road

This home is within Jefferson County.
Rating
School
Type
Grades
Distance
Chenoweth Elementary School
Public - PK to 5
Alex R. Kennedy Elementary School
Public - PK to 5
Field Elementary School
Public - K to 5
Breckinridge/Franklin Elementary School
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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More information about 1271 Cherokee Road, Louisville, KY 40204

1271 Cherokee Road is a multi-family home for sale in Louisville, KY 40204. This property was listed for sale on June 24, 2026 by Homepage Realty, it's currently listed at $1,290,000. It has been on the market for a total of 93 days and was last sold on July 11, 2005. This listing's school district is Jefferson County. Nearby schools include Chenoweth Elementary School, Alex R. Kennedy Elementary School and Field Elementary School. 1271 Cherokee Road is a 8-bed, 10-bath, 6,285 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Homepage Realty

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