2329 W Lee St · Louisville, KY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $839 – $1,559
Heat risk 5/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +16.5/30.0
- Appreciation +10.0/10.0
- DSCR +5.1/10.0
- Rent growth +4.5/5.0
- 1% rule +3.5/10.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- ARV discount +0.0/15.0
$137,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Many updates: New plumbing, new electric, new drywall, new floors in bedrooms and bathroom, new insulation, new roof less than 1 year old, new hot water heater electric, water lines are all updated, new front door and security door, new vinyl siding, new windows all around, ceiling fans in all rooms and kitchen, new tub, new bathroom vanity and toilet, new kitchen sink counter and vanity.
Key facts
- 4,082 sq ft lot
- Garage
- Built 1920
Property features AI
Finance
- Other: Located in the WASHINGTON HEIGHTS subdivision
- HOA & community: No association fee
Exterior
- Parking: Detached garage (1 car) with front and rear entry
- Utilities: Electricity connected
- Home design: Single-family residence; Other architectural style; One story
- Construction: Built in 1920; Vinyl siding and wood-frame construction; Shingle roof; Concrete block foundation
- Exterior features: Partial fencing; Sidewalk; Cleared lot
Interior
- Kitchen: Kitchen on the first floor
- Bedrooms: Three bedrooms, all on the first floor
- Bathrooms: One full bathroom (first floor)
- Heating & cooling: Electric heating; One HVAC unit (heating); One HVAC unit (cooling)
- Interior features: Five total rooms; Cellar basement; Living room on the first floor; Kitchen on the first floor; Full bathroom on the first floor; First-floor primary bedroom; First-floor laundry
- Laundry & utility: First-floor laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $137k.
Deal economics
- At list price, monthly cash flow is $80 ($962/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $117k (14.9% below list).
- Recommended offer: $117k (14.9% below list) — sets the bar for 1% rule.
- Cap rate 7.0% vs local median 5.0% in Louisville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 63/100 on livability (#333 in KY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, health & safety D+, schools D-.
- Jefferson County (urban): math 19% / reading 35% proficiency, ranked #121 of 165 in KY (top 73%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising fast (+8.1%/yr); 91 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,836 units permitted in Jefferson County in 2024 (1,558 in 5+ unit buildings).
Forward outlook
- In year one you build about $15k of equity ($947 loan paydown + $14k appreciation (10.0% local appreciation)).
- Jefferson County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (10.0% appreciation + 8.0% rent growth), your $38k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 3, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 27 days — a 2% lower offer ($135k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 4y ago; this cycle's ask has dropped $13k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $62k; list at $137k implies a 121% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.85% ✗
- Cap rate
- 6.99%
- Cash-on-cash
- 2.51%
- DSCR
- 1.11
- GRM
- 9.8
CMA / ARV
- ARV (on-the-fly)
- $98,560
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2306 Standard Ave | 0.30mi | 2/1.0 (-1) | 900 (+2%) | 4mo | $38,000 | $42 | 74 |
| 1814 W Lee St | 0.30mi | 3/1.0 | 816 (-7%) | 8mo | $112,500 | $138 | 67 |
| 2130 W Gaulbert Ave | 0.12mi | 2/1.0 (-1) | 982 (+12%) | 3mo | $60,000 | $61 | 67 |
| 1545 Catalpa St | 0.31mi | 3/1.5 | 960 (+9%) | 9mo | $62,500 | $65 | 61 |
| 2519 Standard Ave | 0.33mi | 2/1.0 (-1) | 783 (-11%) | 1mo | $87,000 | $111 | 60 |
| 2504 Standard Ave | 0.30mi | 2/1.0 (-1) | 963 (+9%) | 7mo | $169,000 | $175 | 60 |
| 2108 Bolling Ave | 0.24mi | 3/1.0 | 1,011 (+15%) | 7mo | $52,000 | $51 | 58 |
| 2611 Narragansett Dr | 0.27mi | 2/1.0 (-1) | 754 (-14%) | 4mo | $152,900 | $203 | 55 |
| 1777 Bernheim Ln | 0.58mi | 2/1.0 (-1) | 841 (-4%) | 7mo | $94,050 | $112 | 55 |
| 2811 Narragansett Dr | 0.38mi | 2/1.0 (-1) | 771 (-12%) | 5mo | $115,500 | $150 | 53 |
| 2620 Algonquin Pkwy | 0.42mi | 2/1.0 (-1) | 965 (+10%) | 10mo | $182,000 | $189 | 50 |
| 3100 Southern Ave | 0.61mi | 2/1.0 (-1) | 816 (-7%) | 9mo | $78,000 | $96 | 47 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- 27.7%
- Equity multiple
- 3.24×
- Total profit
- $85,830
- Equity at exit
- $123,420
- IRR
- 25.5%
- Equity multiple
- 7.88×
- Total profit
- $263,906
- Equity at exit
- $266,161
Cash invested: $38,360 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 83 Strongly Landlord-Friendly
- State Kentucky
- 83 Strongly Landlord-Friendly · R+16
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 40210
- Home prices YoY
- 12.1%
- Rents YoY
- 8.1%
- Active inventory
- 91
- Price-to-rent
- 9.8×
Monthly cashflow live
- Estimated rent
- $1,166 high interval (Pro) →
- Mortgage (P&I)
- −$718
- Tax from tax record
- −$65 /mo · $781/yr
- Insurance
- −$57
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$245
- Net cashflow
- $80
Break-even live
Sensitivity live
| Price | -10% $158 | -5% $119 | +0% $80 | +5% $41 | +10% $3 |
|---|---|---|---|---|---|
| Rent | -10% $-12 | -5% $34 | +0% $80 | +5% $126 | +10% $172 |
| Rate | -1.0pp $149 | -0.5pp $115 | base $80 | +0.5pp $45 | +1.0pp $9 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $34,250
- Closing costs
- $4,110
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2400 Burwell Ave Louisville, KY | 2.0 | 1.0 | 972 | $895 | $0.92 | 16d | 1 | 0.08mi |
| 1816 Gregg Ave Louisville, KY | 2.0 | 2.0 | 773 | $1,100 | $1.42 | 16d | 1 | 0.26mi |
| 2706 Wyandotte Ave Louisville, KY | 2.0 | 1.0 | 756 | $1,295 | $1.71 | 4d | 1 | 0.34mi |
| 1792 W Gaulbert Ave Louisville, KY | 2.0 | 1.0 | 915 | $950 | $1.04 | 24d | 1 | 0.39mi |
| 1768 W Hill St Louisville, KY | 2.0 | 1.0 | 675 | $925 | $1.37 | 24d | 1 | 0.47mi |
| 1622 Beech St Louisville, KY | 4.0 | 1.0 | 1108 | $1,445 | $1.30 | 16d | 1 | 0.48mi |
| 2629 Olive St Louisville, KY | 4.0 | 1.0 | 1120 | $1,500 | $1.34 | 24d | 1 | 0.50mi |
| 3004 Wyandotte Ave Louisville, KY | 2.0 | 1.0 | 700 | $1,200 | $1.71 | 16d | 1 | 0.52mi |
| 1339 S 28th St Unit 3 Louisville, KY | 3.0 | 1.0 | 1125 | $1,175 | $1.04 | 21d | 1 | 0.54mi |
| 1439 Beech St Apt 1 Louisville, KY | 3.0 | 1.5 | 1000 | $820 | $0.82 | 24d | 1 | 0.54mi |
| 1927 S 28th St Louisville, KY | 2.0 | 1.0 | 700 | $1,200 | $1.71 | 24d | 1 | 0.55mi |
| 1333 S 22nd St Louisville, KY | 2.0 | 1.0 | 744 | $1,200 | $1.61 | 24d | 1 | 0.56mi |
| 1418 Beech St Unit 2 Louisville, KY | 2.0 | 1.0 | 1000 | $980 | $0.98 | 22d | 1 | 0.60mi |
| 1714 W Hill St Louisville, KY | 3.0 | 1.0 | 1050 | $1,045 | $1.00 | 24d | 1 | 0.62mi |
| 1708 W Gaulbert Ave Louisville, KY | 3.0 | 1.0 | 936 | $975 | $1.04 | 24d | 1 | 0.63mi |
| 1854 W Ormsby Ave Louisville, KY | 2.0 | 2.0 | 1094 | $800 | $0.73 | 16d | 1 | 0.64mi |
| 3005 Linwood Ave Louisville, KY | 2.0 | 1.0 | 700 | $1,025 | $1.46 | 16d | 1 | 0.66mi |
| 2614 Virginia Ave Louisville, KY | 2.0 | 1.0 | 975 | $925 | $0.95 | 24d | 1 | 0.66mi |
| 3019 Penway Ave Louisville, KY | 2.0 | 1.0 | 700 | $960 | $1.37 | 12d | 1 | 0.66mi |
| 1710 Saint Louis Ave Louisville, KY | 2.0 | 1.0 | 720 | $1,000 | $1.39 | 4d | 1 | 0.67mi |
| 2913 Dumesnil St Apt 3 Louisville, KY | 3.0 | 1.0 | 1112 | $740 | $0.67 | 11d | 1 | 0.70mi |
| 1155 S 28th St Unit 4 Louisville, KY | 4.0 | 2.0 | 1010 | $1,350 | $1.34 | 24d | 1 | 0.75mi |
| 2706 Hale Ave Unit 1 Louisville, KY | 3.0 | 1.0 | 1100 | $1,400 | $1.27 | 24d | 1 | 0.77mi |
| 2706 Hale Ave Unit 2 Louisville, KY | 2.0 | 1.0 | 900 | $1,250 | $1.39 | 24d | 1 | 0.77mi |
| 1606 Algonquin Pkwy Unit 22 Louisville, KY | 2.0 | 1.0 | 626 | $750 | $1.20 | 24d | 1 | 0.84mi |
| 2311 Plantation Dr Louisville, KY | 3.0 | 1.0 | 988 | $1,200 | $1.21 | 16d | 1 | 0.86mi |
| 1305 S 17th St Louisville, KY | 2.0 | 1.0 | 750 | $950 | $1.27 | 24d | 1 | 0.92mi |
| 2708 Greenwood Ave Apt 1 Louisville, KY | 3.0 | 1.0 | 1100 | $1,300 | $1.18 | 24d | 1 | 0.96mi |
| 3215 Virginia Ave Louisville, KY | 3.0 | 1.0 | 975 | $924 | $0.95 | 24d | 1 | 0.97mi |
| 1148 S 17th St Unit 2 Louisville, KY | 3.0 | 1.0 | 1000 | $895 | $0.90 | 24d | 1 | 1.01mi |
| 1731 Sonne Ave Louisville, KY | 3.0 | 1.0 | 1010 | $1,300 | $1.29 | 16d | 1 | 1.02mi |
| 2821 Greenwood Ave #1 Louisville, KY | 3.0 | 1.0 | 1113 | $1,300 | $1.17 | 24d | 1 | 1.02mi |
| 1726 Sonne Ave Louisville, KY | 2.0 | 1.0 | 820 | $1,095 | $1.34 | 16d | 1 | 1.03mi |
| 2710 W Kentucky St Apt 2 Louisville, KY | 3.0 | 1.0 | 1015 | $1,300 | $1.28 | 24d | 1 | 1.05mi |
| 1145 Louis Coleman Jr Dr Louisville, KY | 2.0 | 1.0 | 913 | $875 | $0.96 | 24d | 1 | 1.07mi |
| 1616 Gallagher St Louisville, KY | 3.0 | 1.5 | 1056 | $1,400 | $1.33 | 24d | 1 | 1.11mi |
| 1804 Russell Lee Dr Louisville, KY | 1.0–3.0 | 1.0–1.5 | 810 | $1,304 | $1.61 | 2d | 1 | 1.13mi |
| 2724 Garland Ave Unit 202 Louisville, KY | 2.0 | 1.0 | 950 | $745 | $0.78 | 4d | 1 | 1.15mi |
| 3122 W Kentucky St Louisville, KY | 3.0 | 1.0 | 1030 | $1,150 | $1.12 | 24d | 1 | 1.18mi |
| 3611 Regatta Way Louisville, KY | 3.0 | 1.0 | 1035 | $1,450 | $1.40 | 16d | 1 | 1.19mi |
Listing history 33 events
-
2026-06-18days on market $137,000 Active 27 DOM
-
2026-06-17days on market $137,000 Active 26 DOM
-
2026-06-16days on market $137,000 Active 25 DOM
-
2026-06-15days on market $137,000 Active 24 DOM
-
2026-06-13pricedays on market $137,000 Active 22 DOM
-
2026-06-10days on market $145,000 Active 19 DOM
-
2026-06-09days on market $145,000 Active 18 DOM
-
2026-06-08days on market $145,000 Active 17 DOM
-
2026-06-07days on market $145,000 Active 16 DOM
-
2026-06-03pricedays on market $145,000 Active 12 DOM
-
2026-06-02days on market $150,000 Active 11 DOM
-
2026-06-01days on market $150,000 Active 10 DOM
-
2026-05-31days on market $150,000 Active 9 DOM
-
2026-05-22$150,000 Active
-
2024-02-05historical $1,200
-
2024-01-21$1,200
-
2024-01-21historical $1,200
-
2024-01-20$1,200
-
2023-12-29soldstatus $62,000
-
2023-12-28soldstatus $62,000 Closed 394-char remark
Show marketing remark (394 chars)
Many updates: New plumbing, new electric, new drywall, new floors in bedrooms and bathroom, new insulation, new roof less than 1 year old, new hot water heater electric, water lines are all updated, new front door and security door, new vinyl siding, new windows all around, ceiling fans in all rooms and kitchen, new tub, new bathroom vanity and toilet, new kitchen sink counter and vanity.
-
2023-12-16status Pending 394-char remark
Show marketing remark (394 chars)
Many updates: New plumbing, new electric, new drywall, new floors in bedrooms and bathroom, new insulation, new roof less than 1 year old, new hot water heater electric, water lines are all updated, new front door and security door, new vinyl siding, new windows all around, ceiling fans in all rooms and kitchen, new tub, new bathroom vanity and toilet, new kitchen sink counter and vanity.
-
2023-12-13status Active 394-char remark
Show marketing remark (394 chars)
Many updates: New plumbing, new electric, new drywall, new floors in bedrooms and bathroom, new insulation, new roof less than 1 year old, new hot water heater electric, water lines are all updated, new front door and security door, new vinyl siding, new windows all around, ceiling fans in all rooms and kitchen, new tub, new bathroom vanity and toilet, new kitchen sink counter and vanity.
-
2023-12-13price $65,000 394-char remark
Show marketing remark (394 chars)
Many updates: New plumbing, new electric, new drywall, new floors in bedrooms and bathroom, new insulation, new roof less than 1 year old, new hot water heater electric, water lines are all updated, new front door and security door, new vinyl siding, new windows all around, ceiling fans in all rooms and kitchen, new tub, new bathroom vanity and toilet, new kitchen sink counter and vanity.
-
2023-11-02historical 394-char remark
Show marketing remark (394 chars)
Many updates: New plumbing, new electric, new drywall, new floors in bedrooms and bathroom, new insulation, new roof less than 1 year old, new hot water heater electric, water lines are all updated, new front door and security door, new vinyl siding, new windows all around, ceiling fans in all rooms and kitchen, new tub, new bathroom vanity and toilet, new kitchen sink counter and vanity.
-
2023-10-24$75,000 Active 394-char remark
Show marketing remark (394 chars)
Many updates: New plumbing, new electric, new drywall, new floors in bedrooms and bathroom, new insulation, new roof less than 1 year old, new hot water heater electric, water lines are all updated, new front door and security door, new vinyl siding, new windows all around, ceiling fans in all rooms and kitchen, new tub, new bathroom vanity and toilet, new kitchen sink counter and vanity.
-
2023-03-01historical 187-char remark
Show marketing remark (187 chars)
Alley access to detached garage. Bank owned property with lots of potential. Sold ''as is:. Will not FHA or VA. Utiities are off. See agent remarks for guidance in submitting offers.
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2023-02-28soldstatus $24,900 Closed 187-char remark
Show marketing remark (187 chars)
Alley access to detached garage. Bank owned property with lots of potential. Sold ''as is:. Will not FHA or VA. Utiities are off. See agent remarks for guidance in submitting offers.
-
2023-02-02status Pending 187-char remark
Show marketing remark (187 chars)
Alley access to detached garage. Bank owned property with lots of potential. Sold ''as is:. Will not FHA or VA. Utiities are off. See agent remarks for guidance in submitting offers.
-
2022-08-24price $24,900 187-char remark
Show marketing remark (187 chars)
Alley access to detached garage. Bank owned property with lots of potential. Sold ''as is:. Will not FHA or VA. Utiities are off. See agent remarks for guidance in submitting offers.
-
2022-08-24price $29,900 187-char remark
Show marketing remark (187 chars)
Alley access to detached garage. Bank owned property with lots of potential. Sold ''as is:. Will not FHA or VA. Utiities are off. See agent remarks for guidance in submitting offers.
-
2022-08-24price $34,900 187-char remark
Show marketing remark (187 chars)
Alley access to detached garage. Bank owned property with lots of potential. Sold ''as is:. Will not FHA or VA. Utiities are off. See agent remarks for guidance in submitting offers.
-
2022-08-24price $39,900 187-char remark
Show marketing remark (187 chars)
Alley access to detached garage. Bank owned property with lots of potential. Sold ''as is:. Will not FHA or VA. Utiities are off. See agent remarks for guidance in submitting offers.
-
2022-08-23$44,900 Active 187-char remark
Show marketing remark (187 chars)
Alley access to detached garage. Bank owned property with lots of potential. Sold ''as is:. Will not FHA or VA. Utiities are off. See agent remarks for guidance in submitting offers.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast KY · Resets to sale price
- Current annual tax
- $781 · $65/mo
- Projected year-2 tax
- $1,178 · $98/mo
- Expected delta
- +$397/yr (+$33/mo · 50.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
- Wind 2/10 Low 100% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $13,986
- − Mortgage interest
- −$7,674
- − Property taxes
- −$781
- − Insurance
- −$685
- − Repairs & maintenance
- −$1,119
- − Management
- −$1,119
- − Depreciation
- −$3,985
- Taxable loss
- −$1,377
- Est. tax savings @ 24.0%
- +$331
- After-tax cash flow
- $1,292/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Jefferson County
- NCES district ID
- 2102990
- Math proficiency
- 19% ▼ -17.00%
- Reading proficiency
- 35% ▼ -11.00%
- Median HH income
- $47,885
- Composite
- 23.45/100
- National rank
- #7884
- State rank
- #121 of 165 in KY
Livability — Louisville
- Score
- 63/100
- State rank
- #333
- US rank
- #15887
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Louisville, KY
- County
- Jefferson County · 790,184 people
- City population
- 769,292
- Metro
- Louisville/Jefferson County, KY-IN
- Population (ZIP)
- 13,518
- Household income
- $35,347
- Rent vs Own
- Severe rent burden
- 815.0
Population outlook (Jefferson County) Hauer SSP2
- Today (2025)
- 823,112 people
- By 2030
- 849,343 · +3.2%
- By 2040
- 895,696 · +8.8%
- By 2050
- 933,630 · +13.4%
- By 2075
- 1,028,262 · +24.9%
- By 2100
- 1,072,675 · +30.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (84%)
- Race & ethnicity
- Black 84% White 8% Two or more races 5% Hispanic / Latino 3%
- Common ancestry
- Iranian 1%
- Foreign-born
- 4% · Canada
- Languages at home
- 93% English-only · Spanish 3%
Political lean MEDSL · Jefferson
- 2024 margin
- D (+16.6) · D 57.4% · R 40.9% · Other 1.7%
- 2008→2024 swing
- +4.5pp toward D · 2008: 12.0pp · 2024: 16.6pp
- All cycles
- 2024: D+16.6 2020: D+20.1 2016: D+13.3 2012: D+11.1 2008: D+12.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 28.45%
- Current HPI
- 264.0146
- Rent YoY
- ▲ 8.05%
- Metro
- Louisville/Jefferson County, KY-IN
- State GDP YoY
- ▲ 1.81%
- F500 in state
- 4
Industry mix (Fortune 500 HQ in KY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Healthcare | 1 | $118B |
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| Food / Beverage | 1 | $7B |
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Price history
+234.1% since first listed20 events — show timeline
- 2026-05-22 Listed $150,000 Metro Search MLS
- 2024-02-05 Rental Removed $1,200 APPFOLIO
- 2024-01-21 Listed for Rent $1,200 APPFOLIO
- 2024-01-21 Rental Removed $1,200 TURBOTENANT
- 2024-01-20 Listed for Rent $1,200 TURBOTENANT
- 2023-12-29 Sold (Public Records) $62,000 Public Records
- 2023-12-28 Sold (MLS) $62,000 Metro Search MLS
- 2023-12-16 Pending — Metro Search MLS
- 2023-12-13 Relisted — Metro Search MLS
- 2023-12-13 Price Changed $65,000 Metro Search MLS
- 2023-11-02 Listing Removed — Metro Search MLS
- 2023-10-24 Listed $75,000 Metro Search MLS
- 2023-03-01 Listing Removed — Metro Search MLS
- 2023-02-28 Sold (MLS) $24,900 Metro Search MLS
- 2023-02-02 Pending — Metro Search MLS
- 2022-08-24 Price Changed $39,900 Metro Search MLS
- 2022-08-24 Price Changed $34,900 Metro Search MLS
- 2022-08-24 Price Changed $29,900 Metro Search MLS
- 2022-08-24 Price Changed $24,900 Metro Search MLS
- 2022-08-23 Listed $44,900 Metro Search MLS
Property tax history
+30.5%/yrLatest (2025): $781 · -1.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…