1079 Cherokee Rd, Louisville

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 tenant-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.