449 Louis Coleman Junior Dr · Louisville, KY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- 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 105°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
- 2 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 +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
🖨 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
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
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.
Questions for the listing agent
- 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?
- Built in 1922 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 0.89% ✗
- 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
- IRR
- 25.8%
- Equity multiple
- 3.04×
- Total profit
- $62,853
- Equity at exit
- $99,097
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $110,000 Active 167 DOM
-
2026-06-17days on market $110,000 Active 166 DOM
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2026-06-16days on market $110,000 Active 165 DOM
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2026-06-15days on market $110,000 Active 164 DOM
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2026-06-13days on market $110,000 Active 162 DOM
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2026-06-10days on market $110,000 Active 159 DOM
-
2026-06-09days on market $110,000 Active 158 DOM
-
2026-06-08days on market $110,000 Active 157 DOM
-
2026-06-07days on market $110,000 Active 156 DOM
-
2026-06-03days on market $110,000 Active 152 DOM
-
2026-06-02days on market $110,000 Active 151 DOM
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2026-06-01days on market $110,000 Active 150 DOM
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2026-05-31days on market $110,000 Active 149 DOM
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2026-01-02$110,000 Active
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2023-12-14soldstatus $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!
-
2023-12-09status 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!
-
2023-11-29price $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!
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2023-11-14price $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!
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2023-10-16$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!
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2018-05-02soldstatus $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.
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2018-03-27status 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.
-
2018-02-19historical
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.
-
2018-02-19$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.
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2017-09-29price $43,000
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2017-09-28$60,000 Active
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2014-03-02historical
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2014-02-28soldstatus $10,000
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2013-05-21$16,000
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2007-08-20historical
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2007-04-15$24,000
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1998-01-28soldstatus $35,000
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1997-05-30$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
- 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
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
- 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 |
|---|---|---|
| Healthcare | 1 | $118B |
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| Food / Beverage | 1 | $7B |
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Price history
+171.6% since first listed19 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%/yrLatest (2025): $794 · -1.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…