About 1079 Cherokee Rd
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.
Features of 1079 Cherokee Rd
| MLS® # | 1720146 |
|---|---|
| Price | $650,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 2,804 |
| Acres | 0.14 |
| Year Built | 1900 |
| Type | Multi Family |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 1079 Cherokee Rd |
|---|---|
| Area | 02-Butchertwn/Hghlnds/Germantwn |
| Subdivision | HENNING & SPEEDS |
| City | Louisville |
| County | Jefferson |
| State | KY |
| Zip Code | 40204 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Shingle |
| Construction | Brick |
Additional Information
| RE / Bank Owned | No |
|---|
Listing Details
| Office | GRISANTI GROUP COMMERCIAL REAL ESTATE |
|---|