CashFlowRE
Sign in Sign up
449 Louis Coleman Junior Dr
D+ Composite 47.46
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 +17.5/30.0
  • Appreciation +10.0/10.0
  • DSCR +5.5/10.0
  • 1% rule +3.9/10.0
  • Livability +3.2/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0
  • Schools +2.3/10.0
  • ARV discount +0.0/15.0

$110,000

449 Louis Coleman Junior Dr · Louisville, KY 40212
2 bd · 1.0 ba · 891 sqft · SingleFamily · 167 Days on market
Built 1922 2,613 sqft lot Est $79k · 39% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 449 Louis Coleman Jr Drive. This bungalow is located in the Shawnee neighborhood in West Louisville. This home is an excellent investment opportunity that would make for a great turn key rental property that could rent for more than 1% of asking price. Or it would be perfect for a first time home buyer. A great covered front porch greets you as you walk up. Heading inside, into the living room, you will immediately notice the abundance of natural light that is throughout the home. The spacious living room has beautiful laminate flooring that extends into the formal dining room as well. A large doorway separates the two rooms. The dining room then opens right into the kitchen. The kitchen offers beautiful cabinetry, tile flooring, and stainless steel range and microwave. The hallway off the living and dining rooms leads to two large bedrooms and a full bath. Both bedrooms have newer carpet. The full bath offers a pedestal sink, tile flooring, and tiled tub surround. Downstairs is an unfinished basement offering tons of storage space and the laundry area. Out back is a mostly fenced yard with a cozy patio. This home is being sold "as-is." Schedule a showing today!

Key facts

  • Covered front porch
  • Unfinished basement
  • 2,613 sq ft lot

Tags

COVERED FRONT PORCHUNFINISHED BASEMENT

Property features AI

Finance

  • HOA & community: No association fee

Exterior

  • Utilities: Electricity connected; Natural gas available
  • Home design: Single family residence; Bungalow-style; One story
  • Construction: Built in 1922; Vinyl siding, wood frame, and aluminum siding; Shingle roof; Crawl space and concrete block foundation
  • Exterior features: Privacy and partial fencing; Wood and chain link fence

Interior

  • Kitchen: Kitchen on the first floor; Dining area adjacent to the kitchen on the first floor
  • Bedrooms: 2 bedrooms, both on the first floor; Primary bedroom on the first floor
  • Bathrooms: 1 full bathroom on the first floor
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning
  • Interior features: Total of 4 main rooms; 3 closets; Unfinished basement
  • Laundry & utility: Laundry located in the basement

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $110k.

Deal economics

  • At list price, monthly cash flow is $84 ($1k/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 $98k (11.0% below list).
  • Recommended offer: $97k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.2% 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 flat; 140 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 $12k of equity ($761 loan paydown + $11k 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 + 0.5% rent growth), your $31k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 4, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 167 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 29y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $63k; list at $110k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1922 — 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.
Recommended offer $96,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 167 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1922 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.89%
Cap rate
7.21%
Cash-on-cash
3.28%
DSCR
1.15
GRM
9.4

CMA / ARV

ARV (on-the-fly)
$79,299
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3425 Vermont Ave 0.10mi 2/1.0 912 (+2%) 4mo $36,500 $40 89
3226 W Jefferson St 0.20mi 2/1.0 920 (+3%) 6mo $48,000 $52 80
503 S 32nd St 0.16mi 2/1.0 832 (-7%) 8mo $35,000 $42 75
3446 W Jefferson St 0.23mi 1/1.0 (-1) 874 (-2%) 11mo $78,000 $89 71
2831 W Madison St 0.49mi 2/1.0 937 (+5%) 1mo $108,000 $115 68
715 Hazel St 0.60mi 2/1.0 936 (+5%) 12mo $55,000 $59 54
2822 Rowan St 0.63mi 2/1.0 944 (+6%) 10mo $120,000 $127 53
320 N 36th St 0.66mi 3/1.0 (+1) 830 (-7%) 3mo $111,575 $134 50
111 S 28th St 0.61mi 2/1.0 816 (-8%) 9mo $106,900 $131 50
300 N 36th St 0.58mi 3/1.0 (+1) 850 (-5%) 15mo $140,000 $165 48
3831 W Muhammad Ali Blvd 0.37mi 3/1.0 (+1) 760 (-15%) 10mo $60,000 $79 44
807 S 31st St 0.71mi 3/1.0 (+1) 952 (+7%) 11mo $25,500 $27 41

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 · 0.51% rent growth · sell at horizon

5-year hold
IRR
25.8%
Equity multiple
3.04×
Total profit
$62,853
Equity at exit
$99,097
10-year hold
IRR
22.1%
Equity multiple
6.73×
Total profit
$176,437
Equity at exit
$213,706

Cash invested: $30,800 (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
7-day pay-or-quit (URLTA cities); generally landlord-friendly.

ZIP-level market 40212

Home prices YoY
11.0%
Rents YoY
0.5%
Active inventory
140
Price-to-rent
9.4×

Monthly cashflow live

Estimated rent
$979 high interval (Pro) →
Mortgage (P&I)
$577
Tax from tax record
$66 /mo · $794/yr
Insurance
$46
HOA
$0
Vacancy / Maint / Mgmt
$206
Net cashflow
$84

Break-even live

Break-even rent $872
Max offer price $110,000
Occupancy floor 86%

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
$27,500
Closing costs
$3,300
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3421 River Park Dr Louisville, KY 3.0 1.0 994 $1,250 $1.26 23d 1 0.17mi
3124 Vermont Ave Louisville, KY 1.0 1.0 650 $699 $1.08 23d 1 0.23mi
3124 Vermont Ave Unit 3124-1 Louisville, KY 1.0 1.0 650 $695 $1.07 23d 1 0.23mi
3416 W Main St Louisville, KY 1.0 1.0 667 $825 $1.24 23d 1 0.36mi
666 Eastlawn Ave Louisville, KY 2.0 1.0 936 $895 $0.96 16d 1 0.42mi
691 Madelon Ct Louisville, KY 1.0 1.0 650 $675 $1.04 11d 1 0.44mi
3819 River Park Dr Louisville, KY 3.0 1.0 1108 $1,090 $0.98 20d 1 0.45mi
111 Hansbrough Pl Unit 101 Louisville, KY 1.0 1.0 686 $890 $1.30 23d 1 0.46mi
110 Hansbrough Pl Unit 101 Louisville, KY 2.0 1.0 924 $1,080 $1.17 23d 1 0.49mi
648 S 37th St #3 Louisville, KY 2.0 1.0 807 $850 $1.05 23d 1 0.50mi
652 S 37th St #9 Louisville, KY 3.0 1.0 1070 $1,095 $1.02 23d 1 0.50mi
103 N 38th St Apt 4 Louisville, KY 1.0 1.0 625 $950 $1.52 17d 1 0.51mi
701 Hazel St Unit 3 Louisville, KY 2.0 1.0 832 $800 $0.96 10d 1 0.53mi
2927 Rowan St Louisville, KY 3.0 1.0 1008 $1,205 $1.20 11d 1 0.56mi
4018 Vermont Ave Unit 1 Louisville, KY 2.0 1.0 700 $699 $1.00 3d 1 0.59mi
2718 W Jefferson St Louisville, KY 1.0 1.0 633 $699 $1.10 21d 1 0.60mi
2718 W Jefferson St Unit 2718-3 Louisville, KY 1.0 1.0 633 $699 $1.10 23d 1 0.60mi
2631 W Madison St Unit 2 Louisville, KY 2.0 1.0 928 $850 $0.92 23d 1 0.63mi
2631 W Madison St Unit 1 Louisville, KY 3.0 1.0 928 $950 $1.02 23d 1 0.63mi
2631 W Madison St Unit 2 Louisville, KY 2.0 1.0 928 $850 $0.92 17d 1 0.63mi
2623 Cedar St Louisville, KY 3.0 1.0 1000 $1,000 $1.00 23d 1 0.65mi
320 N 36th St Louisville, KY 3.0 1.0 830 $1,225 $1.48 16d 1 0.66mi
219 N 37th St Louisville, KY 2.0 1.0 700 $1,150 $1.64 23d 1 0.66mi
2733 Chase Ct Louisville, KY 2.0 1.0 900 $900 $1.00 16d 1 0.67mi
814 S 33rd St Louisville, KY 3.0 1.0 1104 $1,350 $1.22 3d 1 0.67mi
2614 W Jefferson St Louisville, KY 1.0 1.0 633 $695 $1.10 20d 1 0.67mi
2614 W Jefferson St Unit 2614-4 Louisville, KY 2.0 1.0 740 $795 $1.07 23d 1 0.67mi
247 Cecil Ave Louisville, KY 3.0 2.0 1083 $1,305 $1.20 19d 1 0.67mi
302 Cecil Ave Louisville, KY 2.0 1.0 984 $1,025 $1.04 16d 1 0.70mi
127 Boston Ct Louisville, KY 2.0 1.0 725 $1,100 $1.52 23d 1 0.71mi
4141 W Market St Unit 1 Louisville, KY 2.0 1.0 771 $925 $1.20 2d 1 0.73mi
4143 W Market St Unit 2 Louisville, KY 2.0 1.0 700 $850 $1.21 23d 1 0.73mi
112 Boston Ct Louisville, KY 1.0 1.0 650 $800 $1.23 23d 1 0.74mi
729 S 39th St Unit 1 Louisville, KY 2.0 1.0 800 $800 $1.00 23d 1 0.75mi
832 Hazel St Louisville, KY 2.0 1.0 720 $1,095 $1.52 3d 1 0.77mi
714 S 40th St #2 Louisville, KY 3.0 1.0 1000 $1,250 $1.25 23d 1 0.80mi
2925 Slevin St Louisville, KY 2.0 1.0 896 $775 $0.86 3d 1 0.81mi
823 S 38th St Louisville, KY 3.0 1.0 1100 $1,195 $1.09 3d 1 0.81mi
3901 Jewell Ave Louisville, KY 3.0 1.0 1069 $1,140 $1.07 20d 1 0.82mi
3515 W Kentucky St Unit 3515-12 Louisville, KY 1.0 1.0 700 $695 $0.99 23d 1 0.85mi

Listing history 32 events

  1. 2026-06-18
    days on market $110,000 Active 167 DOM
  2. 2026-06-17
    days on market $110,000 Active 166 DOM
  3. 2026-06-16
    days on market $110,000 Active 165 DOM
  4. 2026-06-15
    days on market $110,000 Active 164 DOM
  5. 2026-06-13
    days on market $110,000 Active 162 DOM
  6. 2026-06-10
    days on market $110,000 Active 159 DOM
  7. 2026-06-09
    days on market $110,000 Active 158 DOM
  8. 2026-06-08
    days on market $110,000 Active 157 DOM
  9. 2026-06-07
    days on market $110,000 Active 156 DOM
  10. 2026-06-03
    days on market $110,000 Active 152 DOM
  11. 2026-06-02
    days on market $110,000 Active 151 DOM
  12. 2026-06-01
    days on market $110,000 Active 150 DOM
  13. 2026-05-31
    days on market $110,000 Active 149 DOM
  14. 2026-01-02
    listed $110,000 Active
  15. 2023-12-14
    soldstatus $63,000 Closed 1201-char remark
    Show marketing remark (1201 chars)

    Welcome to 449 Louis Coleman Jr Drive. This bungalow is located in the Shawnee neighborhood in West Louisville. This home is an excellent investment opportunity that would make for a great turn key rental property that could rent for more than 1% of asking price. Or it would be perfect for a first time home buyer. A great covered front porch greets you as you walk up. Heading inside, into the living room, you will immediately notice the abundance of natural light that is throughout the home. The spacious living room has beautiful laminate flooring that extends into the formal dining room as well. A large doorway separates the two rooms. The dining room then opens right into the kitchen. The kitchen offers beautiful cabinetry, tile flooring, and stainless steel range and microwave. The hallway off the living and dining rooms leads to two large bedrooms and a full bath. Both bedrooms have newer carpet. The full bath offers a pedestal sink, tile flooring, and tiled tub surround. Downstairs is an unfinished basement offering tons of storage space and the laundry area. Out back is a mostly fenced yard with a cozy patio. This home is being sold "as-is." Schedule a showing today!

  16. 2023-12-09
    status Pending 1201-char remark
    Show marketing remark (1201 chars)

    Welcome to 449 Louis Coleman Jr Drive. This bungalow is located in the Shawnee neighborhood in West Louisville. This home is an excellent investment opportunity that would make for a great turn key rental property that could rent for more than 1% of asking price. Or it would be perfect for a first time home buyer. A great covered front porch greets you as you walk up. Heading inside, into the living room, you will immediately notice the abundance of natural light that is throughout the home. The spacious living room has beautiful laminate flooring that extends into the formal dining room as well. A large doorway separates the two rooms. The dining room then opens right into the kitchen. The kitchen offers beautiful cabinetry, tile flooring, and stainless steel range and microwave. The hallway off the living and dining rooms leads to two large bedrooms and a full bath. Both bedrooms have newer carpet. The full bath offers a pedestal sink, tile flooring, and tiled tub surround. Downstairs is an unfinished basement offering tons of storage space and the laundry area. Out back is a mostly fenced yard with a cozy patio. This home is being sold "as-is." Schedule a showing today!

  17. 2023-11-29
    price $69,400 1201-char remark
    Show marketing remark (1201 chars)

    Welcome to 449 Louis Coleman Jr Drive. This bungalow is located in the Shawnee neighborhood in West Louisville. This home is an excellent investment opportunity that would make for a great turn key rental property that could rent for more than 1% of asking price. Or it would be perfect for a first time home buyer. A great covered front porch greets you as you walk up. Heading inside, into the living room, you will immediately notice the abundance of natural light that is throughout the home. The spacious living room has beautiful laminate flooring that extends into the formal dining room as well. A large doorway separates the two rooms. The dining room then opens right into the kitchen. The kitchen offers beautiful cabinetry, tile flooring, and stainless steel range and microwave. The hallway off the living and dining rooms leads to two large bedrooms and a full bath. Both bedrooms have newer carpet. The full bath offers a pedestal sink, tile flooring, and tiled tub surround. Downstairs is an unfinished basement offering tons of storage space and the laundry area. Out back is a mostly fenced yard with a cozy patio. This home is being sold "as-is." Schedule a showing today!

  18. 2023-11-14
    price $74,500 1201-char remark
    Show marketing remark (1201 chars)

    Welcome to 449 Louis Coleman Jr Drive. This bungalow is located in the Shawnee neighborhood in West Louisville. This home is an excellent investment opportunity that would make for a great turn key rental property that could rent for more than 1% of asking price. Or it would be perfect for a first time home buyer. A great covered front porch greets you as you walk up. Heading inside, into the living room, you will immediately notice the abundance of natural light that is throughout the home. The spacious living room has beautiful laminate flooring that extends into the formal dining room as well. A large doorway separates the two rooms. The dining room then opens right into the kitchen. The kitchen offers beautiful cabinetry, tile flooring, and stainless steel range and microwave. The hallway off the living and dining rooms leads to two large bedrooms and a full bath. Both bedrooms have newer carpet. The full bath offers a pedestal sink, tile flooring, and tiled tub surround. Downstairs is an unfinished basement offering tons of storage space and the laundry area. Out back is a mostly fenced yard with a cozy patio. This home is being sold "as-is." Schedule a showing today!

  19. 2023-10-16
    listed $86,000 Active 1201-char remark
    Show marketing remark (1201 chars)

    Welcome to 449 Louis Coleman Jr Drive. This bungalow is located in the Shawnee neighborhood in West Louisville. This home is an excellent investment opportunity that would make for a great turn key rental property that could rent for more than 1% of asking price. Or it would be perfect for a first time home buyer. A great covered front porch greets you as you walk up. Heading inside, into the living room, you will immediately notice the abundance of natural light that is throughout the home. The spacious living room has beautiful laminate flooring that extends into the formal dining room as well. A large doorway separates the two rooms. The dining room then opens right into the kitchen. The kitchen offers beautiful cabinetry, tile flooring, and stainless steel range and microwave. The hallway off the living and dining rooms leads to two large bedrooms and a full bath. Both bedrooms have newer carpet. The full bath offers a pedestal sink, tile flooring, and tiled tub surround. Downstairs is an unfinished basement offering tons of storage space and the laundry area. Out back is a mostly fenced yard with a cozy patio. This home is being sold "as-is." Schedule a showing today!

  20. 2018-05-02
    soldstatus $39,500 Closed 204-char remark
    Show marketing remark (204 chars)

    Cute and cozy and ready for a new family! This home has been renovated with updated electrical wiring and panel box. Updated plumbing with PEX lines, new furnace and AC, new roof, new flooring and paint.

  21. 2018-03-27
    status Pending 204-char remark
    Show marketing remark (204 chars)

    Cute and cozy and ready for a new family! This home has been renovated with updated electrical wiring and panel box. Updated plumbing with PEX lines, new furnace and AC, new roof, new flooring and paint.

  22. 2018-02-19
    historical
    Show marketing remark (204 chars)

    Cute and cozy and ready for a new family! This home has been renovated with updated electrical wiring and panel box. Updated plumbing with PEX lines, new furnace and AC, new roof, new flooring and paint.

  23. 2018-02-19
    listed $39,500 Active 204-char remark
    Show marketing remark (204 chars)

    Cute and cozy and ready for a new family! This home has been renovated with updated electrical wiring and panel box. Updated plumbing with PEX lines, new furnace and AC, new roof, new flooring and paint.

  24. 2017-09-29
    price $43,000
  25. 2017-09-28
    listed $60,000 Active
  26. 2014-03-02
    historical
  27. 2014-02-28
    soldstatus $10,000
  28. 2013-05-21
    listed $16,000
  29. 2007-08-20
    historical
  30. 2007-04-15
    listed $24,000
  31. 1998-01-28
    soldstatus $35,000
  32. 1997-05-30
    listed $40,500

ⓘ 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
$794 · $66/mo
Projected year-2 tax
$946 · $79/mo
Expected delta
+$152/yr (+$13/mo · 19.2%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥105°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 · 2 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
$11,743
− Mortgage interest
−$6,162
− Property taxes
−$794
− Insurance
−$550
− Repairs & maintenance
−$939
− Management
−$939
− Depreciation
−$3,200
Taxable loss
−$841
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$202
After-tax cash flow
$1,213/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

Amenities F Commute F Cost of living A+ Crime F Employment C- Housing A+ Health & safety D+ User ratings C-

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)
14,661
Household income
$35,753
Rent vs Own
51.3% rent · 48.7% own
Severe rent burden
1148.0

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
Majority Black (60%)
Race & ethnicity
Black 60% White 37% Two or more races 2% Hispanic / Latino 1%
Common ancestry
Slovak 1% Lithuanian 1% Iranian 1%
Foreign-born
1% · Canada
Languages at home
98% English-only · Spanish 1%

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
▲ 29.02%
Current HPI
293.2624
Rent YoY
▲ 0.51%
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

Price history

+171.6% since first listed
19 events — show timeline
  • 2026-01-02 Listed $110,000 Metro Search MLS
  • 2023-12-14 Sold (MLS) $63,000 Metro Search MLS
  • 2023-12-09 Pending Metro Search MLS
  • 2023-11-29 Price Changed $69,400 Metro Search MLS
  • 2023-11-14 Price Changed $74,500 Metro Search MLS
  • 2023-10-16 Listed $86,000 Metro Search MLS
  • 2018-05-02 Sold (MLS) $39,500 Metro Search MLS
  • 2018-03-27 Pending Metro Search MLS
  • 2018-02-19 Listed $39,500 Metro Search MLS
  • 2018-02-19 Listing Removed Metro Search MLS
  • 2017-09-29 Price Changed $43,000 Metro Search MLS
  • 2017-09-28 Listed $60,000 Metro Search MLS
  • 2014-03-02 Listing Removed Metro Search MLS
  • 2014-02-28 Sold (MLS) $10,000 Metro Search MLS
  • 2013-05-21 Listed $16,000 Metro Search MLS
  • 2007-08-20 Listing Removed Metro Search MLS
  • 2007-04-15 Listed $24,000 Metro Search MLS
  • 1998-01-28 Sold (MLS) $35,000 Metro Search MLS
  • 1997-05-30 Listed $40,500 Metro Search MLS

Property tax history

+12.2%/yr

Latest (2025): $794 · -1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…