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About This Home
This 0-bedroom, 0-bathroom multi-family at 1224 Cherokee Rd in Louisville, KY is listed for $1,000,000 ($117 per sqft). Built in 1960, the home offers 8,550 sqft of living space on a N/A lot.
PRIME REAL ESTATE ALERT: Six massive, built-as units on Cherokee Road in the coveted Cherokee Triangle! The Appleton Apartments offer an incredibly rare, generational acquisition opportunity in one of the city's highest-appreciating sub-markets.Value-Add Potential: Four vacant on-site garages ready to rent for instant upside.Premium Layouts: Huge 2BR/1BA and 3BR/1BA units packed with historic charm.
Low Owner Expenses: Separately metered for LG&E.Tenant Amenities: Rear egress to a shared back yard, plus select in-unit laundry hookups. Turnkey potential for institutional portfolios or private wealth builders. Act fast-this sub-market rarely opens up!
Key Features
- Built in 1960
Property Details
Amenities
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1224 Cherokee Rd
Louisville, KY 40204
Property Details
Construction
Pool Features
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1224 Cherokee Rd is listed at $1,000,000 ($117/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.
Key features include: Built in 1960.
This property is listed by William M Friel and can be reached at 5028931900 or bill@abgrealtors.com.
