2306 W Burnett Ave · Louisville, KY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
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
- 19 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 A 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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +10.0/10.0
- Rent growth +4.5/5.0
- Livability +3.2/5.0
- Condition / age +2.2/5.0
- Schools +1.2/10.0
$50,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
This vacant and easy to show property offers comfortable living with 2 bedrooms plus a large bonus room that can easily serve as a third bedroom, home office, or flex space. The home features 1 full bath, an eat in kitchen, and a fully fenced backyard perfect. A brand new roof installed in 2025 adds peace of mind and long term value. Whether you're a first time buyer, downsizing, or looking for an investment opportunity, this home delivers great potential and convenience.
Key facts
- Eat in kitchen
- Bonus room
- Brand-new roof
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $50k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $712 ($9k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $50k).
- Recommended offer: $48k (3.0% below list) — sets the bar for market timing.
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+, crime F.
- 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.
- Zoned schools: Maupin Elementary (math 2% / reading 2%, grade F, #676 of 676 statewide, top 100%, 298 students, 86% FRL); Carrithers Middle (math 10% / reading 36%, grade F, #197 of 217 statewide, top 92%, 583 students, 60% FRL); Iroquois High (math 12% / reading 8%, grade F, #245 of 254 statewide, top 97%, 1,090 students, 74% FRL) — zoned schools average 73% FRL vs 56% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 12% at this address vs 27% district-wide (-15 pts) — the specific schools serving this property underperform the Jefferson County average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising fast (+8.1%/yr); 142 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 82d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $5k of equity ($346 loan paydown + $5k 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 $14k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 6, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 36 days — a 3% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 23y ago; this cycle's ask has dropped $3k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $10k; list at $50k implies a 415% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1910 — 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?
- 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
- 2.59% ✓
- Cap rate
- 23.38%
- Cash-on-cash
- 61.02%
- DSCR
- 3.71
- GRM
- 3.2
CMA / ARV
- ARV (median comp)
- $98,244
- List price
- $50,000
- Delta
- -46.15%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2217 Woodland Ave | 0.19mi | 3/1.5 | 1,332 (-1%) | 0mo | $106,000 | $80 | 87 |
| 1764 W Burnett Ave | 0.41mi | 3/1.5 | 1,354 (+0%) | 2mo | $140,500 | $104 | 76 |
| 2201 Dumesnil St | 0.45mi | 3/2.5 | 1,349 (+0%) | 2mo | $204,000 | $151 | 71 |
| 1759 W Gaulbert Ave | 0.45mi | 3/1.0 | 1,240 (-8%) | 2mo | $139,900 | $113 | 64 |
| 1812 Wilson Ave | 0.41mi | 3/1.5 | 1,248 (-7%) | 4mo | $135,000 | $108 | 63 |
| 2801 Narragansett Dr | 0.55mi | 3/1.0 | 1,440 (+7%) | 0mo | $196,000 | $136 | 63 |
| 1811 Dixdale Ave | 0.61mi | 2/1.0 (-1) | 1,317 (-2%) | 2mo | $130,000 | $99 | 61 |
| 2404 Burwell Ave | 0.32mi | 3/2.0 | 1,533 (+14%) | 4mo | $210,000 | $137 | 55 |
| 1605 S 32nd St | 0.74mi | 3/1.5 | 1,415 (+5%) | 3mo | $165,000 | $117 | 52 |
| 1448 Catalpa St | 0.42mi | 4/1.5 (+1) | 1,507 (+12%) | 4mo | $199,000 | $132 | 51 |
| 2202 W Oak St | 0.49mi | 4/2.0 (+1) | 1,539 (+14%) | 4mo | $170,500 | $111 | 42 |
| 2529 Greenwood Ave | 0.74mi | 3/1.5 | 1,540 (+14%) | 2mo | $65,000 | $42 | 38 |
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
- 77.1%
- Equity multiple
- 6.67×
- Total profit
- $79,409
- Equity at exit
- $45,044
- IRR
- 72.9%
- Equity multiple
- 16.37×
- Total profit
- $215,138
- Equity at exit
- $97,139
Cash invested: $14,000 (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
Active competition Active MLS
- For sale now
- 56 active · 42 under contract
- Months of supply
- 7.6 mo (13%/mo absorbed)
- Median asking
- $119,500 ($94/sqft)
- Median days on market
- 81 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -22.3% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 40210
- Home prices YoY
- 12.1%
- Rents YoY
- 8.1%
- Active inventory
- 142
- Price-to-rent
- 3.2×
Monthly cashflow live
- Estimated rent
- $1,295 high interval (Pro) →
- Mortgage (P&I)
- −$262
- Tax from tax record
- −$28 /mo · $333/yr
- Insurance
- −$21
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$272
- Net cashflow
- $712
Break-even live
Sensitivity live
| Price | -10% $740 | -5% $726 | +0% $712 | +5% $698 | +10% $684 |
|---|---|---|---|---|---|
| Rent | -10% $610 | -5% $661 | +0% $712 | +5% $763 | +10% $814 |
| Rate | -1.0pp $737 | -0.5pp $725 | base $712 | +0.5pp $699 | +1.0pp $686 |
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
- $12,500
- Closing costs
- $1,500
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2302 Bolling Ave Louisville, KY | 3.0 | 1.0 | 1254 | $950 | $0.76 | 77d | 1 | 0.05mi |
| 2129 Bolling Ave Louisville, KY | 4.0 | 2.0 | 1448 | $1,650 | $1.14 | 10d | 1 | 0.09mi |
| 2334 Standard Ave Louisville, KY | 2.0 | 1.0 | 950 | $1,050 | $1.11 | 58d | 1 | 0.11mi |
| 2122 Standard Ave Louisville, KY | 3.0 | 1.0 | 1025 | $1,350 | $1.32 | 7d | 1 | 0.12mi |
| 1410 Standard Village Cir Louisville, KY | 3.0 | 2.0 | 1200 | $900 | $0.75 | 119d | 1 | 0.13mi |
| 2511 Bolling Ave Louisville, KY | 3.0 | 1.0 | 878 | $1,205 | $1.37 | 2d | 1 | 0.14mi |
| 2008 Standard Ave Louisville, KY | 3.0 | 2.0 | 1422 | $1,475 | $1.04 | 10d | 1 | 0.21mi |
| 2329 W Lee St Louisville, KY | 3.0 | 1.0 | 880 | $1,200 | $1.36 | 63d | 1 | 0.22mi |
| 2223 Saint Louis Ave Louisville, KY | 3.0 | 1.5 | 1152 | $1,175 | $1.02 | 119d | 1 | 0.26mi |
| 2400 Burwell Ave Louisville, KY | 2.0 | 1.0 | 972 | $895 | $0.92 | 111d | 1 | 0.31mi |
| 1371 Olive St Louisville, KY | 4.0 | 1.5 | 1700 | $1,560 | $0.92 | 3d | 1 | 0.31mi |
| 1371 Olive St Louisville, KY | 4.0 | 1.5 | 1700 | $1,560 | $0.92 | 10d | 1 | 0.31mi |
| 1371 Olive St Louisville, KY | 4.0 | 1.5 | 1700 | $1,560 | $0.92 | 0d | 1 | 0.31mi |
| 1824 Burwell Ave Louisville, KY | 4.0 | 2.5 | 1451 | $1,475 | $1.02 | 73d | 1 | 0.38mi |
| 1824 Burwell Ave Louisville, KY | 4.0 | 2.5 | 1451 | $1,475 | $1.02 | 71d | 1 | 0.38mi |
| 1792 W Gaulbert Ave Louisville, KY | 2.0 | 1.0 | 915 | $850 | $0.93 | 74d | 1 | 0.38mi |
| 1780 W Hill St Louisville, KY | 3.0 | 1.0 | 984 | $1,400 | $1.42 | 67d | 1 | 0.39mi |
| 1774 Bolling Ave Louisville, KY | 3.0 | 2.0 | 1611 | $1,300 | $0.81 | 106d | 1 | 0.39mi |
| 1774 Bolling Ave Louisville, KY | 3.0 | 2.0 | 1611 | $1,300 | $0.81 | 93d | 1 | 0.39mi |
| 1303 S 26th St Louisville, KY | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 10d | 1 | 0.40mi |
| 1854 W Ormsby Ave Louisville, KY | 2.0 | 2.0 | 1094 | $800 | $0.73 | 111d | 1 | 0.41mi |
| 1545 Catalpa St Louisville, KY | 4.0 | 1.5 | 1760 | $1,545 | $0.88 | 99d | 1 | 0.41mi |
| 1339 S 28th St Unit 3 Louisville, KY | 3.0 | 1.0 | 1125 | $1,125 | $1.00 | 77d | 1 | 0.41mi |
| 2614 Virginia Ave Louisville, KY | 2.0 | 1.0 | 975 | $925 | $0.95 | 119d | 1 | 0.47mi |
| 2123 Dumesnil St Louisville, KY | 3.0 | 1.0 | 1681 | $1,095 | $0.65 | 74d | 1 | 0.48mi |
| 1439 Beech St Apt 1 Louisville, KY | 3.0 | 1.5 | 1000 | $820 | $0.82 | 119d | 1 | 0.54mi |
| 1714 W Hill St Louisville, KY | 3.0 | 1.0 | 1050 | $1,045 | $1.00 | 119d | 1 | 0.56mi |
| 1456 Beech St Louisville, KY | 3.0 | 2.0 | 1498 | $1,650 | $1.10 | 93d | 1 | 0.57mi |
| 2706 Hale Ave Unit 1 Louisville, KY | 3.0 | 1.0 | 1100 | $1,400 | $1.27 | 119d | 1 | 0.58mi |
| 2706 Hale Ave Unit 2 Louisville, KY | 2.0 | 1.0 | 900 | $1,250 | $1.39 | 119d | 1 | 0.58mi |
| 2702 Hale Ave #2 Louisville, KY | 3.0 | 1.0 | 1030 | $995 | $0.97 | 82d | 1 | 0.58mi |
| 1708 W Gaulbert Ave Louisville, KY | 3.0 | 1.0 | 936 | $975 | $1.04 | 119d | 1 | 0.59mi |
| 1418 Beech St Unit 2 Louisville, KY | 2.0 | 1.0 | 1000 | $980 | $0.98 | 117d | 1 | 0.59mi |
| 2913 Dumesnil St Apt 3 Louisville, KY | 3.0 | 1.0 | 1112 | $715 | $0.64 | 93d | 1 | 0.59mi |
| 1155 S 28th St Unit 4 Louisville, KY | 4.0 | 2.0 | 1010 | $1,350 | $1.34 | 119d | 1 | 0.59mi |
| 1622 Beech St Louisville, KY | 4.0 | 1.0 | 1108 | $1,445 | $1.30 | 111d | 1 | 0.60mi |
| 2717 Hale Ave Louisville, KY | 3.0 | 1.0 | 1152 | $1,245 | $1.08 | 10d | 1 | 0.62mi |
| 1546 S 30th St Louisville, KY | 3.0 | 1.0 | 1000 | $1,195 | $1.20 | 10d | 1 | 0.63mi |
| 2229 Osage Ave Louisville, KY | 4.0 | 2.0 | 1836 | $1,675 | $0.91 | 88d | 1 | 0.63mi |
| 2725 Hale Ave Louisville, KY | 3.0 | 1.0 | 1341 | $1,279 | $0.95 | 0d | 1 | 0.63mi |
Property features AI
Finance
- HOA & community
- No association fee
Exterior
- Parking
- Surface parking
- Utilities
- Electricity connected
- Home design
- Single-family residenceContemporary styleOne story
- Construction
- Built in 1910Vinyl sidingShingle roofCrawl space foundation
- Exterior features
- Cleared, level lotPrivacy, full, and chain-link fencingSurface parking
Interior
- Kitchen
- Kitchen located on the first floor
- Bedrooms
- Three bedrooms totalTwo bedrooms on the first floorOne room that could be used as a third bedroom (first floor)
- Bathrooms
- One full bathroomNo half bathrooms
- Heating & cooling
- Natural gas heatingCentral air conditioningOne HVAC unit
- Interior features
- Six total roomsThree closetsFoyer on the first floorCould be used as a third bedroom
- Laundry & utility
- Laundry room on the first floorFirst-floor laundry
Listing history 50 events
-
2026-09-24days on market $50,000 Active 36 DOM
-
2026-09-23days on market $50,000 Active 35 DOM
-
2026-09-22pricedays on market $50,000 Active 34 DOM
-
2026-09-21days on market $52,900 Active 33 DOM
-
2026-09-20days on market $52,900 Active 32 DOM
-
2026-09-19days on market $52,900 Active 31 DOM
-
2026-09-18days on market $52,900 Active 30 DOM
-
2026-09-17days on market $52,900 Active 29 DOM
-
2026-09-16days on market $52,900 Active 28 DOM
-
2026-09-15days on market $52,900 Active 27 DOM
-
2026-09-14days on market $52,900 Active 26 DOM
-
2026-09-13days on market $52,900 Active 25 DOM
-
2026-09-12days on market $52,900 Active 24 DOM
-
2026-09-11days on market $52,900 Active 23 DOM
-
2026-09-05days on market $52,900 Active 17 DOM
-
2026-09-04days on market $52,900 Active 16 DOM
-
2026-09-03days on market $52,900 Active 15 DOM
-
2026-08-31days on market $52,900 Active 12 DOM
-
2026-08-30days on market $52,900 Active 11 DOM
-
2026-08-29days on market $52,900 Active 10 DOM
-
2026-08-28days on market $52,900 Active 9 DOM
-
2026-08-27days on market $52,900 Active 8 DOM
-
2026-08-25days on market $52,900 Active 6 DOM
-
2026-08-24days on market $52,900 Active 5 DOM
-
2026-08-23days on market $52,900 Active 4 DOM
-
2026-08-22days on market $52,900 Active 3 DOM
-
2026-08-21days on market $52,900 Active 2 DOM
-
2026-08-19pricestatusdays on market $52,900 Active 1 DOM
-
2026-08-19days on market $55,000 Active Under Contract 149 DOM
-
2026-08-18days on market $55,000 Active Under Contract 148 DOM
-
2026-08-17days on market $55,000 Active Under Contract 147 DOM
-
2026-08-16days on market $55,000 Active Under Contract 146 DOM
-
2026-08-15days on market $55,000 Active Under Contract 145 DOM
-
2026-08-14days on market $55,000 Active Under Contract 144 DOM
-
2026-08-13days on market $55,000 Active Under Contract 143 DOM
-
2026-08-12days on market $55,000 Active Under Contract 142 DOM
-
2026-08-11days on market $55,000 Active Under Contract 141 DOM
-
2026-08-10days on market $55,000 Active Under Contract 140 DOM
-
2026-08-09days on market $55,000 Active Under Contract 139 DOM
-
2026-08-08days on market $55,000 Active Under Contract 138 DOM
-
2026-08-07days on market $55,000 Active Under Contract 137 DOM
-
2026-08-06days on market $55,000 Active Under Contract 136 DOM
-
2026-08-05days on market $55,000 Active Under Contract 135 DOM
-
2026-08-04days on market $55,000 Active Under Contract 134 DOM
-
2026-08-03days on market $55,000 Active Under Contract 133 DOM
-
2026-07-31days on market $55,000 Active Under Contract 130 DOM
-
2026-07-30days on market $55,000 Active Under Contract 128 DOM
-
2026-07-28days on market $55,000 Active Under Contract 127 DOM
-
2026-07-26days on market $55,000 Active Under Contract 125 DOM
-
2026-07-24days on market $55,000 Active Under Contract 123 DOM
ⓘ 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
- $333 · $28/mo
- Projected year-2 tax
- $430 · $36/mo
- Expected delta
- +$97/yr (+$8/mo · 29.0%)
ⓘ 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 · 19 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
- $15,534
- − Mortgage interest
- −$2,801
- − Property taxes
- −$333
- − Insurance
- −$250
- − Repairs & maintenance
- −$1,243
- − Management
- −$1,243
- − Depreciation
- −$1,455
- Taxable income
- $8,210
- Est. tax owed @ 24.0%
- −$1,970
- After-tax cash flow
- $6,572/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.
Condition & rehab AI · 9 photos
This home requires extensive repairs and maintenance, including roof, exterior siding, flooring, interior walls, and HVAC system. These repairs will significantly improve the home's condition and increase its value for both resale and rental.
Components & finishes AI
Deferred maintenance Est. $60,000–$180,000 screening
- Major Roof (roof) — Roof appears to be missing shingles and damaged
- Major Windows (windows) — Windows appear to be broken or missing
- Major Electrical (electrical) — Electrical panel appears to be exposed and damaged
- Major Plumbing (plumbing) — Plumbing pipes appear to be exposed and damaged
- Major Exterior (exterior) — Exterior walls appear to be damaged and missing siding
- Major Other — Other components appear to be missing or damaged
Repairs flagged
- Major roof — The roof appears to be in poor condition, with visible wear and tear and potential damage.
- Major exterior siding — The exterior siding is peeling and in need of repainting or replacement.
- Major flooring — The flooring in the interior appears to be in poor condition, with visible wear and tear.
- Major interior walls — The interior walls appear to be in poor condition, with visible wear and tear and potential damage.
- Major HVAC system — The HVAC system appears to be in poor condition, with visible wear and tear and potential damage.
Value-add opportunities
- Both repair roof — Repairing the roof will improve the overall condition of the home and increase its value for both resale and rental. ↑
- Both repair exterior siding — Repairing the exterior siding will improve the home's curb appeal and increase its value for both resale and rental. ↑
- Both repair interior walls — Repairing the interior walls will improve the home's condition and increase its value for both resale and rental. ↑
- Both repair HVAC system — Repairing the HVAC system will improve the home's comfort and energy efficiency, increasing its value for both resale and rental. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 823,112 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
- 8% of renters
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 |
|
||
| Food / Beverage | 1 | $7B |
|
||
Price history
+323.2% since first listed6 events — show timeline
- 2026-08-18 Listed $52,900 Metro Search MLS
- 2026-07-08 Price Changed $55,000 Metro Search MLS
- 2026-02-06 Listing Removed — Metro Search MLS
- 2026-01-30 Listed $49,000 Metro Search MLS
- 2003-04-04 Sold (MLS) $9,700 Metro Search MLS
- 2003-02-11 Listed $12,500 Metro Search MLS
Property tax history
+4.1%/yrLatest (2025): $333 · -1.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…