🏷️ Likely Rental
1716 Gallagher 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
- $507 – $1,088
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
- 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
- DSCR +10.0/10.0
- Appreciation +10.0/10.0
- 1% rule +8.6/10.0
- Rent growth +4.5/5.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
$89,999
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Part of a 6 unit package...Units WILL NOT be sold separately...MUST PURCHASE NOT LESS THAN 2 UNITS or more/can purchase up to 6. Proven rental/currently leased at $884 (deposit $100)/Section 8. Property is sold in AS IS/WHERE IS condition. Seller will make no repairs. Tenants rights prevail/48 hours notice to show/tenant must be given a written notice. No showings after 5 pm/no showings on weekends or holidays. If you are wanting to show on a Monday, notice MUST be given by 12N on Friday so that the tenant can be given written notice. Preapproved Buyers ONLY. Preapproval and/or Proof of Funds must accompany all offers. See Rent Roll from Seller in Documents.
Key facts
- 4,500 sq ft lot
- Built 1900
- Listed 37 days
Property features AI
Finance
- Other: Subdivision: SPALDING
- HOA & community: No association fee
Exterior
- Parking: No designated parking
- Utilities: Electricity connected
- Home design: Single-family residence (Camelback style); One story; Entry level on the first floor
- Construction: Built in 1900; Vinyl siding; Shingle roof; Crawl space foundation
- Exterior features: Sidewalk on the lot; No fencing
Interior
- Kitchen: Kitchen on the first floor
- Bedrooms: Three bedrooms total; Primary bedroom on the first floor; All bedrooms located on the first floor
- Bathrooms: One full bathroom on the first floor
- Heating & cooling: Natural gas heating; Central air conditioning; One HVAC unit
- Interior features: Five total rooms; Five closets; Living room on the first floor; No basement; No fireplaces
- 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 $90k.
Deal economics
- At list price, monthly cash flow is $409 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $90k).
- Recommended offer: $87k (3.0% below list) — sets the bar for market timing.
- Cap rate 11.7% 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 $10k of equity ($622 loan paydown + $9k 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 $25k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 4, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 37 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 7y 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 $42k; list at $90k implies a 114% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1900 — 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 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1900 — 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
- 1.36% ✓
- Cap rate
- 11.75%
- Cash-on-cash
- 19.48%
- DSCR
- 1.87
- GRM
- 6.1
CMA / ARV
- ARV (on-the-fly)
- $114,639
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1628 Dumesnil St | 0.24mi | 4/1.5 (+1) | 1,123 (+1%) | 7mo | $125,000 | $111 | 75 |
| 1532 W Breckinridge St | 0.46mi | 3/1.0 | 1,142 (+3%) | 3mo | $120,000 | $105 | 72 |
| 1601 Prentice St | 0.27mi | 3/1.0 | 1,009 (-9%) | 1mo | $93,999 | $93 | 71 |
| 1705 1/2 Hale Ave | 0.05mi | 3/2.0 | 1,257 (+13%) | 4mo | $58,000 | $46 | 69 |
| 1712 Saint Louis Ave | 0.45mi | 2/1.0 (-1) | 1,072 (-4%) | 4mo | $45,000 | $42 | 64 |
| 1320 S 17th St | 0.35mi | 3/2.0 | 1,003 (-10%) | 3mo | $118,000 | $118 | 61 |
| 1812 Wilson Ave | 0.38mi | 3/1.5 | 1,248 (+12%) | 1mo | $135,000 | $108 | 60 |
| 1714 Bolling Ave | 0.70mi | 3/2.0 | 1,068 (-4%) | 4mo | $110,000 | $103 | 53 |
| 101 Saunders | 0.61mi | 2/2.0 (-1) | 1,148 (+3%) | 5mo | $145,000 | $126 | 53 |
| 2316 Greenwood Ave | 0.49mi | 2/1.0 (-1) | 1,228 (+10%) | 3mo | $80,000 | $65 | 53 |
| 848 S 23rd St | 0.55mi | 3/2.0 | 1,029 (-8%) | 6mo | $64,750 | $63 | 52 |
| 2615 Greenwood Ave | 0.69mi | 3/1.0 | 988 (-11%) | 3mo | $71,000 | $72 | 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
- 41.3%
- Equity multiple
- 4.23×
- Total profit
- $81,501
- Equity at exit
- $81,078
- IRR
- 37.5%
- Equity multiple
- 10.34×
- Total profit
- $235,448
- Equity at exit
- $174,848
Cash invested: $25,200 (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
- 6.1×
Monthly cashflow live
- Estimated rent
- $1,220 high interval (Pro) →
- Mortgage (P&I)
- −$472
- Tax from tax record
- −$46 /mo · $546/yr
- Insurance
- −$37
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$256
- Net cashflow
- $409
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
- $22,500
- Closing costs
- $2,700
- 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 |
|---|---|---|---|---|---|---|---|---|
| 1148 S 17th St Unit 2 Louisville, KY | 3.0 | 1.0 | 1000 | $895 | $0.90 | 23d | 1 | 0.04mi |
| 1705 1/2 Hale Ave Louisville, KY | 3.0 | 2.0 | 1257 | $1,400 | $1.11 | 10d | 1 | 0.05mi |
| 1616 Gallagher St Louisville, KY | 3.0 | 1.5 | 1056 | $1,400 | $1.33 | 23d | 1 | 0.13mi |
| 1644 W Kentucky St Unit 3 Louisville, KY | 3.0 | 1.0 | 900 | $950 | $1.06 | 23d | 1 | 0.20mi |
| 1723 W Kentucky St Unit 3 Louisville, KY | 3.0 | 1.0 | 1200 | $1,300 | $1.08 | 23d | 1 | 0.22mi |
| 1847 W Kentucky St Louisville, KY | 2.0 | 1.0 | 1368 | $895 | $0.65 | 3d | 1 | 0.29mi |
| 1305 S 17th St Louisville, KY | 2.0 | 1.0 | 750 | $950 | $1.27 | 23d | 1 | 0.32mi |
| 1854 W Ormsby Ave Louisville, KY | 2.0 | 2.0 | 1094 | $800 | $0.73 | 16d | 1 | 0.41mi |
| 1710 Saint Louis Ave Louisville, KY | 2.0 | 1.0 | 720 | $1,000 | $1.39 | 3d | 1 | 0.46mi |
| 1333 S 22nd St Louisville, KY | 2.0 | 1.0 | 744 | $1,200 | $1.61 | 23d | 1 | 0.48mi |
| 848 S 23rd St Louisville, KY | 3.0 | 1.5 | 1050 | $1,450 | $1.38 | 23d | 1 | 0.56mi |
| 2223 Saint Louis Ave Louisville, KY | 3.0 | 1.5 | 1152 | $1,175 | $1.02 | 23d | 1 | 0.58mi |
| 2416 Garland Ave Louisville, KY | 3.0 | 2.0 | 1172 | $1,600 | $1.37 | 23d | 1 | 0.62mi |
| 2614 Virginia Ave Louisville, KY | 2.0 | 1.0 | 975 | $925 | $0.95 | 23d | 1 | 0.72mi |
| 1410 Standard Village Cir Louisville, KY | 3.0 | 2.0 | 1200 | $900 | $0.75 | 23d | 1 | 0.72mi |
| 1810 Magazine St Louisville, KY | 3.0 | 1.5 | 1248 | $1,450 | $1.16 | 10d | 1 | 0.77mi |
| 1714 W Hill St Louisville, KY | 3.0 | 1.0 | 1050 | $1,045 | $1.00 | 23d | 1 | 0.77mi |
| 2706 Hale Ave Unit 2 Louisville, KY | 2.0 | 1.0 | 900 | $1,250 | $1.39 | 23d | 1 | 0.78mi |
| 2706 Hale Ave Unit 1 Louisville, KY | 3.0 | 1.0 | 1100 | $1,400 | $1.27 | 23d | 1 | 0.78mi |
| 1700 Magazine St Unit 3 Louisville, KY | 2.0 | 1.0 | 900 | $1,150 | $1.28 | 17d | 1 | 0.78mi |
| 2708 Greenwood Ave Apt 1 Louisville, KY | 3.0 | 1.0 | 1100 | $1,300 | $1.18 | 23d | 1 | 0.80mi |
| 2634 Garland Ave Unit A Louisville, KY | 3.0 | 1.0 | 1152 | $940 | $0.82 | 23d | 1 | 0.81mi |
| 2634 Garland Ave Unit B Louisville, KY | 3.0 | 1.0 | 1152 | $895 | $0.78 | 20d | 1 | 0.81mi |
| 2710 W Kentucky St Apt 2 Louisville, KY | 3.0 | 1.0 | 1015 | $1,300 | $1.28 | 23d | 1 | 0.82mi |
| 2711 W Kentucky St Louisville, KY | 3.0 | 1.0 | 1155 | $1,100 | $0.95 | 23d | 1 | 0.83mi |
| 1708 W Gaulbert Ave Louisville, KY | 3.0 | 1.0 | 936 | $975 | $1.04 | 23d | 1 | 0.83mi |
| 1792 W Gaulbert Ave Louisville, KY | 2.0 | 1.0 | 915 | $950 | $1.04 | 23d | 1 | 0.86mi |
| 1155 S 28th St Unit 4 Louisville, KY | 4.0 | 2.0 | 1010 | $1,350 | $1.34 | 23d | 1 | 0.87mi |
| 2724 Garland Ave Unit 202 Louisville, KY | 2.0 | 1.0 | 950 | $745 | $0.78 | 3d | 1 | 0.88mi |
| 2411 Elliott Ave Louisville, KY | 2.0 | 1.0 | 892 | $895 | $1.00 | 23d | 1 | 0.91mi |
| 1339 S 28th St Unit 3 Louisville, KY | 3.0 | 1.0 | 1125 | $1,175 | $1.04 | 20d | 1 | 0.92mi |
| 2821 Greenwood Ave #1 Louisville, KY | 3.0 | 1.0 | 1113 | $1,300 | $1.17 | 23d | 1 | 0.93mi |
| 2825 Greenwood Ave #2 Louisville, KY | 2.0 | 1.0 | 1300 | $995 | $0.77 | 23d | 1 | 0.94mi |
| 2825 Greenwood Ave #4 Louisville, KY | 3.0 | 1.0 | 1440 | $1,250 | $0.87 | 23d | 1 | 0.94mi |
| 515 S 20th St Louisville, KY | 2.0 | 1.0 | 1000 | $995 | $0.99 | 16d | 1 | 1.00mi |
| 2912 Greenwood Ave Louisville, KY | 3.0 | 2.0 | 1362 | $1,150 | $0.84 | 16d | 1 | 1.00mi |
| 2913 Dumesnil St Apt 3 Louisville, KY | 3.0 | 1.0 | 1112 | $740 | $0.67 | 10d | 1 | 1.01mi |
| 2300 W Madison St Louisville, KY | 2.0 | 1.0 | 900 | $850 | $0.94 | 23d | 1 | 1.03mi |
| 2221 W Madison St Louisville, KY | 2.0 | 1.0 | 1000 | $1,350 | $1.35 | 21d | 1 | 1.04mi |
| 2221 W Madison St Louisville, KY | 3.0 | 1.0 | 1000 | $1,350 | $1.35 | 23d | 1 | 1.04mi |
Listing history 24 events
-
2026-06-18days on market $89,999 Active 37 DOM
-
2026-06-17days on market $89,999 Active 36 DOM
-
2026-06-16days on market $89,999 Active 35 DOM
-
2026-06-15days on market $89,999 Active 34 DOM
-
2026-06-13days on market $89,999 Active 32 DOM
-
2026-06-10days on market $89,999 Active 29 DOM
-
2026-06-09days on market $89,999 Active 28 DOM
-
2026-06-08days on market $89,999 Active 27 DOM
-
2026-06-07days on market $89,999 Active 26 DOM
-
2026-06-03days on market $89,999 Active 22 DOM
-
2026-06-02days on market $89,999 Active 21 DOM
-
2026-06-01days on market $89,999 Active 20 DOM
-
2026-05-31days on market $89,999 Active 19 DOM
-
2026-05-12$89,999 Active
-
2020-03-24soldstatus $42,000 Closed 673-char remark
Show marketing remark (673 chars)
Part of a 6 unit package...Units WILL NOT be sold separately...MUST PURCHASE NOT LESS THAN 2 UNITS or more/can purchase up to 6. Proven rental/currently leased at $884 (deposit $100)/Section 8. Property is sold in AS IS/WHERE IS condition. Seller will make no repairs. Tenants rights prevail/48 hours notice to show/tenant must be given a written notice. No showings after 5 pm/no showings on weekends or holidays. If you are wanting to show on a Monday, notice MUST be given by 12N on Friday so that the tenant can be given written notice. Preapproved Buyers ONLY. Preapproval and/or Proof of Funds must accompany all offers. See Rent Roll from Seller in Documents.
-
2020-01-27status Pending 673-char remark
Show marketing remark (673 chars)
Part of a 6 unit package...Units WILL NOT be sold separately...MUST PURCHASE NOT LESS THAN 2 UNITS or more/can purchase up to 6. Proven rental/currently leased at $884 (deposit $100)/Section 8. Property is sold in AS IS/WHERE IS condition. Seller will make no repairs. Tenants rights prevail/48 hours notice to show/tenant must be given a written notice. No showings after 5 pm/no showings on weekends or holidays. If you are wanting to show on a Monday, notice MUST be given by 12N on Friday so that the tenant can be given written notice. Preapproved Buyers ONLY. Preapproval and/or Proof of Funds must accompany all offers. See Rent Roll from Seller in Documents.
-
2019-12-20historical Active Under Contract 673-char remark
Show marketing remark (673 chars)
Part of a 6 unit package...Units WILL NOT be sold separately...MUST PURCHASE NOT LESS THAN 2 UNITS or more/can purchase up to 6. Proven rental/currently leased at $884 (deposit $100)/Section 8. Property is sold in AS IS/WHERE IS condition. Seller will make no repairs. Tenants rights prevail/48 hours notice to show/tenant must be given a written notice. No showings after 5 pm/no showings on weekends or holidays. If you are wanting to show on a Monday, notice MUST be given by 12N on Friday so that the tenant can be given written notice. Preapproved Buyers ONLY. Preapproval and/or Proof of Funds must accompany all offers. See Rent Roll from Seller in Documents.
-
2019-12-12status Active 673-char remark
Show marketing remark (673 chars)
Part of a 6 unit package...Units WILL NOT be sold separately...MUST PURCHASE NOT LESS THAN 2 UNITS or more/can purchase up to 6. Proven rental/currently leased at $884 (deposit $100)/Section 8. Property is sold in AS IS/WHERE IS condition. Seller will make no repairs. Tenants rights prevail/48 hours notice to show/tenant must be given a written notice. No showings after 5 pm/no showings on weekends or holidays. If you are wanting to show on a Monday, notice MUST be given by 12N on Friday so that the tenant can be given written notice. Preapproved Buyers ONLY. Preapproval and/or Proof of Funds must accompany all offers. See Rent Roll from Seller in Documents.
-
2019-11-20historical 673-char remark
Show marketing remark (673 chars)
Part of a 6 unit package...Units WILL NOT be sold separately...MUST PURCHASE NOT LESS THAN 2 UNITS or more/can purchase up to 6. Proven rental/currently leased at $884 (deposit $100)/Section 8. Property is sold in AS IS/WHERE IS condition. Seller will make no repairs. Tenants rights prevail/48 hours notice to show/tenant must be given a written notice. No showings after 5 pm/no showings on weekends or holidays. If you are wanting to show on a Monday, notice MUST be given by 12N on Friday so that the tenant can be given written notice. Preapproved Buyers ONLY. Preapproval and/or Proof of Funds must accompany all offers. See Rent Roll from Seller in Documents.
-
2019-10-08status Active 673-char remark
Show marketing remark (673 chars)
Part of a 6 unit package...Units WILL NOT be sold separately...MUST PURCHASE NOT LESS THAN 2 UNITS or more/can purchase up to 6. Proven rental/currently leased at $884 (deposit $100)/Section 8. Property is sold in AS IS/WHERE IS condition. Seller will make no repairs. Tenants rights prevail/48 hours notice to show/tenant must be given a written notice. No showings after 5 pm/no showings on weekends or holidays. If you are wanting to show on a Monday, notice MUST be given by 12N on Friday so that the tenant can be given written notice. Preapproved Buyers ONLY. Preapproval and/or Proof of Funds must accompany all offers. See Rent Roll from Seller in Documents.
-
2019-10-02historical Active Under Contract 673-char remark
Show marketing remark (673 chars)
Part of a 6 unit package...Units WILL NOT be sold separately...MUST PURCHASE NOT LESS THAN 2 UNITS or more/can purchase up to 6. Proven rental/currently leased at $884 (deposit $100)/Section 8. Property is sold in AS IS/WHERE IS condition. Seller will make no repairs. Tenants rights prevail/48 hours notice to show/tenant must be given a written notice. No showings after 5 pm/no showings on weekends or holidays. If you are wanting to show on a Monday, notice MUST be given by 12N on Friday so that the tenant can be given written notice. Preapproved Buyers ONLY. Preapproval and/or Proof of Funds must accompany all offers. See Rent Roll from Seller in Documents.
-
2019-09-27$49,000 Active 673-char remark
Show marketing remark (673 chars)
Part of a 6 unit package...Units WILL NOT be sold separately...MUST PURCHASE NOT LESS THAN 2 UNITS or more/can purchase up to 6. Proven rental/currently leased at $884 (deposit $100)/Section 8. Property is sold in AS IS/WHERE IS condition. Seller will make no repairs. Tenants rights prevail/48 hours notice to show/tenant must be given a written notice. No showings after 5 pm/no showings on weekends or holidays. If you are wanting to show on a Monday, notice MUST be given by 12N on Friday so that the tenant can be given written notice. Preapproved Buyers ONLY. Preapproval and/or Proof of Funds must accompany all offers. See Rent Roll from Seller in Documents.
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2012-01-05soldstatus $35,000
-
2011-12-06soldstatus $14,070
ⓘ 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
- $546 · $46/mo
- Projected year-2 tax
- $774 · $64/mo
- Expected delta
- +$228/yr (+$19/mo · 41.7%)
ⓘ 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 ≥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 · 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
- $14,645
- − Mortgage interest
- −$5,041
- − Property taxes
- −$546
- − Insurance
- −$450
- − Repairs & maintenance
- −$1,172
- − Management
- −$1,172
- − Depreciation
- −$2,618
- Taxable income
- $3,646
- Est. tax owed @ 24.0%
- −$875
- After-tax cash flow
- $4,035/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
+539.7% since first listed11 events — show timeline
- 2026-05-12 Listed $89,999 Metro Search MLS
- 2020-03-24 Sold (MLS) $42,000 Metro Search MLS
- 2020-01-27 Pending — Metro Search MLS
- 2019-12-20 Contingent — Metro Search MLS
- 2019-12-12 Relisted — Metro Search MLS
- 2019-11-20 Listing Removed — Metro Search MLS
- 2019-10-08 Relisted — Metro Search MLS
- 2019-10-02 Contingent — Metro Search MLS
- 2019-09-27 Listed $49,000 Metro Search MLS
- 2012-01-05 Sold (Public Records) $35,000 Public Records
- 2011-12-06 Sold (Public Records) $14,070 Public Records
Property tax history
+8.6%/yrLatest (2025): $546 · -1.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…