2604 Hale 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 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 B+ 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
- 1% rule +9.0/10.0
- Rent growth +3.7/5.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- Appreciation +0.0/10.0
$100,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Move in ready! This adorable 4 bedroom home has lots of updates and is ready for you to make it your own. You will be greeted by a welcoming covered front porch into the home where you will find all new flooring throughout as well as fresh paint. New fixtures have been added giving the home excellent lighting. There is a dining room perfect for sit-down meals and the kitchen offers modern white cabinets for plenty of storage. There are 2 bedrooms, including the primary bedroom on the first floor. Make your way upstairs where you will find a loft space and 2 additional bedrooms. This home boasts a new central AC installed in Oct 2023 that comes with a transferrable warranty. Make sure you get a chance to see this home while it is still available - schedule a showing today!
Key facts
- Covered front porch
- Dining room
- Newer central ac
Tags
Property features AI
Finance
- HOA & community: No association fee; No monthly maintenance
Exterior
- Utilities: Electricity connected; Natural gas available; One cooling HVAC unit
- Home design: Traditional single-family home; 2 stories; Built in 1915
- Construction: Wood frame and stucco construction; Shingle roof; Crawl space foundation
- Exterior features: Partial chain link fencing
Interior
- Kitchen: Kitchen on the first floor
- Bedrooms: 4 bedrooms total; 2 bedrooms on the first floor; 2 bedrooms on the second floor; First-floor primary bedroom
- Bathrooms: 1 full bathroom on the first floor
- Heating & cooling: Forced air heating (natural gas); Central air conditioning; One HVAC unit
- Interior features: 8 total rooms; 6 closets; Cellar basement; Loft on the second floor; Living room on the first floor; Dining room on the first floor
- Laundry & utility: Laundry on the first floor; First-floor laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/1.0-bath single-family listed at $100k.
Deal economics
- At list price, monthly cash flow is $429 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $100k).
- Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
- Cap rate 11.4% 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 (+4.9%/yr); 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).
- At $1,404/mo this rent would consume 53% of the median local household income ($32k/yr) (locally 1483% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Jefferson County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 4.9% rent growth), your $28k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 198 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
- 13 sale attempts since 21y ago; this cycle's ask is 6352% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Watch-outs: built in 1915 — 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 198 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1915 — 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?
- 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
- 1.40% ✓
- Cap rate
- 11.45%
- Cash-on-cash
- 18.41%
- DSCR
- 1.82
- GRM
- 5.9
CMA / ARV
- ARV (on-the-fly)
- $172,056
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2205 Osage Ave | 0.34mi | 4/1.0 | 1,516 (-6%) | 2mo | $157,000 | $104 | 73 |
| 2202 W Oak St | 0.33mi | 4/2.0 | 1,539 (-4%) | 1mo | $170,500 | $111 | 73 |
| 1334 Cypress St | 0.27mi | 3/2.0 (-1) | 1,491 (-7%) | 2mo | $195,000 | $131 | 65 |
| 2124 W Kentucky St | 0.44mi | 4/2.0 | 1,675 (+4%) | 5mo | $180,000 | $107 | 64 |
| 1448 Catalpa St | 0.56mi | 4/1.5 | 1,507 (-6%) | 1mo | $199,000 | $132 | 61 |
| 1544 Catalpa St | 0.72mi | 4/2.5 | 1,596 (-1%) | 1mo | $185,000 | $116 | 58 |
| 1365 Cypress St | 0.33mi | 3/1.5 (-1) | 1,764 (+10%) | 4mo | $165,000 | $94 | 58 |
| 1710 Gallagher St | 0.66mi | 3/1.0 (-1) | 1,662 (+3%) | 2mo | $60,000 | $36 | 57 |
| 1533 Beech St | 0.75mi | 4/2.0 | 1,660 (+3%) | 2mo | $120,000 | $72 | 54 |
| 1456 Beech St | 0.67mi | 3/1.5 (-1) | 1,498 (-7%) | 2mo | $130,000 | $87 | 48 |
| 865 S 26th St | 0.44mi | 3/1.0 (-1) | 1,371 (-15%) | 3mo | $51,999 | $38 | 48 |
| 1415 S 28th St | 0.44mi | 3/2.0 (-1) | 1,384 (-14%) | 2mo | $190,000 | $137 | 46 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.87% rent growth · sell at horizon
- IRR
- 12.2%
- Equity multiple
- 1.49×
- Total profit
- $13,854
- Equity at exit
- $14,910
- IRR
- 22.5%
- Equity multiple
- 3.10×
- Total profit
- $58,812
- Equity at exit
- $8,646
Cash invested: $28,000 (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
ZIP-level market 40211
- Home prices YoY
- -33.4%
- Rents YoY
- 4.9%
- Active inventory
- 140
- Price-to-rent
- 5.9×
Monthly cashflow live
- Estimated rent
- $1,404 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax from tax record
- −$113 /mo · $1,358/yr
- Insurance
- −$42
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$295
- Net cashflow
- $429
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
- $25,000
- Closing costs
- $3,000
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2706 Hale Ave Unit 1 Louisville, KY | 3.0 | 1.0 | 1100 | $1,400 | $1.27 | 23d | 1 | 0.12mi |
| 2708 Greenwood Ave Apt 1 Louisville, KY | 3.0 | 1.0 | 1100 | $1,300 | $1.18 | 23d | 1 | 0.23mi |
| 1339 S 28th St Unit 3 Louisville, KY | 3.0 | 1.0 | 1125 | $1,175 | $1.04 | 20d | 1 | 0.34mi |
| 2711 W Kentucky St Louisville, KY | 3.0 | 1.0 | 1155 | $1,100 | $0.95 | 23d | 1 | 0.34mi |
| 2821 Greenwood Ave #1 Louisville, KY | 3.0 | 1.0 | 1113 | $1,300 | $1.17 | 23d | 1 | 0.35mi |
| 2223 Saint Louis Ave Louisville, KY | 3.0 | 1.5 | 1152 | $1,175 | $1.02 | 23d | 1 | 0.35mi |
| 2825 Greenwood Ave #4 Louisville, KY | 3.0 | 1.0 | 1440 | $1,250 | $0.87 | 23d | 1 | 0.36mi |
| 2913 Dumesnil St Apt 3 Louisville, KY | 3.0 | 1.0 | 1112 | $740 | $0.67 | 10d | 1 | 0.37mi |
| 2634 Garland Ave Unit A Louisville, KY | 3.0 | 1.0 | 1152 | $940 | $0.82 | 23d | 1 | 0.39mi |
| 2634 Garland Ave Unit B Louisville, KY | 3.0 | 1.0 | 1152 | $895 | $0.78 | 20d | 1 | 0.39mi |
| 2416 Garland Ave Louisville, KY | 3.0 | 2.0 | 1172 | $1,600 | $1.37 | 23d | 1 | 0.39mi |
| 2912 Greenwood Ave Louisville, KY | 3.0 | 2.0 | 1362 | $1,150 | $0.84 | 15d | 1 | 0.39mi |
| 1410 Standard Village Cir Louisville, KY | 3.0 | 2.0 | 1200 | $900 | $0.75 | 23d | 1 | 0.43mi |
| 858 S 23rd St Louisville, KY | 5.0 | 1.0 | 2228 | $2,100 | $0.94 | 16d | 1 | 0.50mi |
| 848 S 23rd St Louisville, KY | 3.0 | 1.5 | 1050 | $1,450 | $1.38 | 23d | 1 | 0.52mi |
| 1115 S 32nd St Louisville, KY | 3.0 | 1.0 | 1393 | $1,275 | $0.92 | 23d | 1 | 0.58mi |
| 1115 S 32nd St Louisville, KY | 3.0 | 1.0 | 1393 | $1,275 | $0.92 | 21d | 1 | 0.58mi |
| 1705 1/2 Hale Ave Louisville, KY | 3.0 | 2.0 | 1257 | $1,400 | $1.11 | 10d | 1 | 0.65mi |
| 820 Hazel St Louisville, KY | 4.0 | 2.0 | 1872 | $1,395 | $0.75 | 2d | 1 | 0.71mi |
| 1545 Catalpa St Louisville, KY | 4.0 | 1.5 | 1760 | $1,545 | $0.88 | 3d | 1 | 0.72mi |
| 1723 W Kentucky St Unit 3 Louisville, KY | 3.0 | 1.0 | 1200 | $1,300 | $1.08 | 23d | 1 | 0.74mi |
| 1616 Gallagher St Louisville, KY | 3.0 | 1.5 | 1056 | $1,400 | $1.33 | 23d | 1 | 0.78mi |
| 1774 Bolling Ave Louisville, KY | 3.0 | 2.0 | 1611 | $1,300 | $0.81 | 10d | 1 | 0.81mi |
| 814 S 33rd St Louisville, KY | 3.0 | 1.0 | 1104 | $1,350 | $1.22 | 3d | 1 | 0.85mi |
| 1622 Beech St Louisville, KY | 4.0 | 1.0 | 1108 | $1,445 | $1.30 | 15d | 1 | 0.86mi |
| 737 S 33rd St Louisville, KY | 4.0 | 1.0 | 1356 | $1,595 | $1.18 | 23d | 1 | 0.89mi |
| 3514 Grand Ave Louisville, KY | 3.0 | 1.5 | 1450 | $1,295 | $0.89 | 21d | 1 | 0.90mi |
| 1618 S 30th St Louisville, KY | 3.0 | 1.0 | 1896 | $1,235 | $0.65 | 15d | 1 | 0.90mi |
| 1714 W Hill St Louisville, KY | 3.0 | 1.0 | 1050 | $1,045 | $1.00 | 23d | 1 | 0.95mi |
| 803 S 35th St Louisville, KY | 3.0 | 1.0 | 1486 | $1,350 | $0.91 | 23d | 1 | 0.96mi |
| 1810 Magazine St Louisville, KY | 3.0 | 1.5 | 1248 | $1,450 | $1.16 | 10d | 1 | 1.08mi |
| 2319 W Muhammad Ali Blvd Louisville, KY | 4.0 | 1.0 | 1644 | $1,300 | $0.79 | 15d | 1 | 1.15mi |
| 823 S 38th St Louisville, KY | 3.0 | 1.0 | 1100 | $1,195 | $1.09 | 3d | 1 | 1.17mi |
| 430 S 24th St Louisville, KY | 3.0 | 1.5 | 1288 | $1,400 | $1.09 | 23d | 1 | 1.18mi |
| 2629 Olive St Louisville, KY | 4.0 | 1.0 | 1120 | $1,500 | $1.34 | 23d | 1 | 1.21mi |
| 652 S 37th St #9 Louisville, KY | 3.0 | 1.0 | 1070 | $1,095 | $1.02 | 23d | 1 | 1.31mi |
| 3313 Penway Ave Louisville, KY | 4.0 | 2.0 | 1142 | $1,645 | $1.44 | 23d | 1 | 1.34mi |
| 722 S 40th St Unit NA Louisville, KY | 4.0 | 2.5 | 1556 | $1,700 | $1.09 | 3d | 1 | 1.40mi |
| 3909 W Broadway Louisville, KY | 5.0 | 2.0 | 2000 | $1,745 | $0.87 | 15d | 1 | 1.41mi |
| 836 S 41st St Louisville, KY | 3.0 | 1.0 | 1300 | $1,300 | $1.00 | 19d | 1 | 1.41mi |
Listing history 50 events
-
2026-06-18days on market $100,000 Active 198 DOM
-
2026-06-17days on market $100,000 Active 197 DOM
-
2026-06-16days on market $100,000 Active 196 DOM
-
2026-06-15days on market $100,000 Active 195 DOM
-
2026-06-13days on market $100,000 Active 193 DOM
-
2026-06-10days on market $100,000 Active 190 DOM
-
2026-06-09days on market $100,000 Active 189 DOM
-
2026-06-08days on market $100,000 Active 188 DOM
-
2026-06-07days on market $100,000 Active 187 DOM
-
2026-06-03days on market $100,000 Active 183 DOM
-
2026-06-02days on market $100,000 Active 182 DOM
-
2026-06-01days on market $100,000 Active 181 DOM
-
2026-05-31days on market $100,000 Active 180 DOM
-
2026-05-09$1,550
-
2026-04-07price $100,000
-
2026-03-30status Active
-
2026-03-23historical Active Under Contract
-
2026-01-31price $108,000
-
2025-12-02$115,000 Active
-
2025-01-31historical $1,295
-
2025-01-05$1,295
-
2025-01-05historical $1,295
-
2024-12-21$1,295
-
2024-11-15price $1,375
-
2024-10-21soldstatus $107,800
-
2024-10-19$1,495
-
2024-10-17soldstatus $107,800 Closed 782-char remark
Show marketing remark (782 chars)
Move in ready! This adorable 4 bedroom home has lots of updates and is ready for you to make it your own. You will be greeted by a welcoming covered front porch into the home where you will find all new flooring throughout as well as fresh paint. New fixtures have been added giving the home excellent lighting. There is a dining room perfect for sit-down meals and the kitchen offers modern white cabinets for plenty of storage. There are 2 bedrooms, including the primary bedroom on the first floor. Make your way upstairs where you will find a loft space and 2 additional bedrooms. This home boasts a new central AC installed in Oct 2023 that comes with a transferrable warranty. Make sure you get a chance to see this home while it is still available - schedule a showing today!
-
2024-09-06historical Active Under Contract 782-char remark
Show marketing remark (782 chars)
Move in ready! This adorable 4 bedroom home has lots of updates and is ready for you to make it your own. You will be greeted by a welcoming covered front porch into the home where you will find all new flooring throughout as well as fresh paint. New fixtures have been added giving the home excellent lighting. There is a dining room perfect for sit-down meals and the kitchen offers modern white cabinets for plenty of storage. There are 2 bedrooms, including the primary bedroom on the first floor. Make your way upstairs where you will find a loft space and 2 additional bedrooms. This home boasts a new central AC installed in Oct 2023 that comes with a transferrable warranty. Make sure you get a chance to see this home while it is still available - schedule a showing today!
-
2024-09-01price $115,000 782-char remark
Show marketing remark (782 chars)
Move in ready! This adorable 4 bedroom home has lots of updates and is ready for you to make it your own. You will be greeted by a welcoming covered front porch into the home where you will find all new flooring throughout as well as fresh paint. New fixtures have been added giving the home excellent lighting. There is a dining room perfect for sit-down meals and the kitchen offers modern white cabinets for plenty of storage. There are 2 bedrooms, including the primary bedroom on the first floor. Make your way upstairs where you will find a loft space and 2 additional bedrooms. This home boasts a new central AC installed in Oct 2023 that comes with a transferrable warranty. Make sure you get a chance to see this home while it is still available - schedule a showing today!
-
2024-08-19price $120,000 782-char remark
Show marketing remark (782 chars)
Move in ready! This adorable 4 bedroom home has lots of updates and is ready for you to make it your own. You will be greeted by a welcoming covered front porch into the home where you will find all new flooring throughout as well as fresh paint. New fixtures have been added giving the home excellent lighting. There is a dining room perfect for sit-down meals and the kitchen offers modern white cabinets for plenty of storage. There are 2 bedrooms, including the primary bedroom on the first floor. Make your way upstairs where you will find a loft space and 2 additional bedrooms. This home boasts a new central AC installed in Oct 2023 that comes with a transferrable warranty. Make sure you get a chance to see this home while it is still available - schedule a showing today!
-
2024-08-07price $125,000 782-char remark
Show marketing remark (782 chars)
Move in ready! This adorable 4 bedroom home has lots of updates and is ready for you to make it your own. You will be greeted by a welcoming covered front porch into the home where you will find all new flooring throughout as well as fresh paint. New fixtures have been added giving the home excellent lighting. There is a dining room perfect for sit-down meals and the kitchen offers modern white cabinets for plenty of storage. There are 2 bedrooms, including the primary bedroom on the first floor. Make your way upstairs where you will find a loft space and 2 additional bedrooms. This home boasts a new central AC installed in Oct 2023 that comes with a transferrable warranty. Make sure you get a chance to see this home while it is still available - schedule a showing today!
-
2024-08-01$130,000 Active 782-char remark
Show marketing remark (782 chars)
Move in ready! This adorable 4 bedroom home has lots of updates and is ready for you to make it your own. You will be greeted by a welcoming covered front porch into the home where you will find all new flooring throughout as well as fresh paint. New fixtures have been added giving the home excellent lighting. There is a dining room perfect for sit-down meals and the kitchen offers modern white cabinets for plenty of storage. There are 2 bedrooms, including the primary bedroom on the first floor. Make your way upstairs where you will find a loft space and 2 additional bedrooms. This home boasts a new central AC installed in Oct 2023 that comes with a transferrable warranty. Make sure you get a chance to see this home while it is still available - schedule a showing today!
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2024-02-26historical
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2024-02-16historical Active Under Contract
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2024-02-14price $129,900
-
2024-01-22price $134,900
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2024-01-10status Active
-
2024-01-05historical Active Under Contract
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2024-01-03$140,000 Active
-
2023-10-02soldstatus $45,000
-
2023-09-29soldstatus $45,000 Closed
-
2023-09-01status Pending
-
2023-08-24status Active
-
2023-08-18status Pending
-
2023-08-15$49,900 Active
-
2018-10-26historical
-
2018-08-02price $36,900
-
2018-08-02price $39,900
-
2018-07-26$42,500 Active
-
2005-12-31historical
ⓘ 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
- $1,358 · $113/mo
- Projected year-2 tax
- $1,358 · $113/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 ≥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
- $16,842
- − Mortgage interest
- −$5,602
- − Property taxes
- −$1,358
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,347
- − Management
- −$1,347
- − Depreciation
- −$2,909
- Taxable income
- $3,778
- Est. tax owed @ 24.0%
- −$907
- After-tax cash flow
- $4,247/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)
- 20,407
- Household income
- $31,749
- Rent vs Own
- Severe rent burden
- 1483.0
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 (90%)
- Race & ethnicity
- Black 90% White 5% Two or more races 4% Hispanic / Latino 1%
- Common ancestry
- Italian 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
- ▼ -88.22%
- Current HPI
- 176.337
- Rent YoY
- ▲ 4.87%
- 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
-98.1% since first listed38 events — show timeline
- 2026-05-09 Listed for Rent $1,550 BUILDIUM
- 2026-04-07 Price Changed $100,000 Metro Search MLS
- 2026-03-30 Relisted — Metro Search MLS
- 2026-03-23 Contingent — Metro Search MLS
- 2026-01-31 Price Changed $108,000 Metro Search MLS
- 2025-12-02 Listed $115,000 Metro Search MLS
- 2025-01-31 Rental Removed $1,295 MSMLS
- 2025-01-05 Listed for Rent $1,295 MSMLS
- 2025-01-05 Rental Removed $1,295 MSMLS
- 2024-12-21 Listed for Rent $1,295 MSMLS
- 2024-11-15 Price Changed $1,375 MSMLS
- 2024-10-21 Sold (Public Records) $107,800 Public Records
- 2024-10-19 Listed for Rent $1,495 MSMLS
- 2024-10-17 Sold (MLS) $107,800 Metro Search MLS
- 2024-09-06 Contingent — Metro Search MLS
- 2024-09-01 Price Changed $115,000 Metro Search MLS
- 2024-08-19 Price Changed $120,000 Metro Search MLS
- 2024-08-07 Price Changed $125,000 Metro Search MLS
- 2024-08-01 Listed $130,000 Metro Search MLS
- 2024-02-26 Listing Removed — Metro Search MLS
- 2024-02-16 Contingent — Metro Search MLS
- 2024-02-14 Price Changed $129,900 Metro Search MLS
- 2024-01-22 Price Changed $134,900 Metro Search MLS
- 2024-01-10 Relisted — Metro Search MLS
- 2024-01-05 Contingent — Metro Search MLS
- 2024-01-03 Listed $140,000 Metro Search MLS
- 2023-10-02 Sold (Public Records) $45,000 Public Records
- 2023-09-29 Sold (MLS) $45,000 Metro Search MLS
- 2023-09-01 Pending — Metro Search MLS
- 2023-08-24 Relisted — Metro Search MLS
- 2023-08-18 Pending — Metro Search MLS
- 2023-08-15 Listed $49,900 Metro Search MLS
- 2018-10-26 Listing Removed — Metro Search MLS
- 2018-08-02 Price Changed $39,900 Metro Search MLS
- 2018-08-02 Price Changed $36,900 Metro Search MLS
- 2018-07-26 Listed $42,500 Metro Search MLS
- 2005-12-31 Listing Removed — Metro Search MLS
- 2005-11-30 Listed $83,000 Metro Search MLS
Property tax history
+15.5%/yrLatest (2025): $1,358 · +135.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…