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Tiffany Siems

tiffanysiemsrealtor@gmail.com +1(502) 608-2693

$ 1,490,000

Est. payment | -/mo

8 Beds

10 Baths

6,285 SqFt

Save

$ 1,490,000

Est. payment | -/mo

Save

8 Beds

10 Baths

6,285 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,285 sqft

Price per Sqft $237

Subdivision Cherokee Triangle

MLS Listing ID 1721382

Style Traditional

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 6,285

Year Built 1890

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Apartment

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 6285

Property Description

Exceptional investment opportunity in the heart of Louisville's highly sought-after Cherokee Triangle. Located at 1271 Cherokee Road, this charming 7-unit multifamily property offers the rare combination of immediate cash flow, value-add potential, and an irreplaceable location surrounded by some of the city's most distinguished historic homes and tree-lined streets. The property consists of five residential units within the stately main residence and two additional units located in the separate carriage house, which benefits from both front street access and rear alley access. Open on-site parking provides added convenience for residents and guests alike. Rich in architectural character and old-world craftsmanship, the buildings showcase the timeless appeal that makes Cherokee Triangle one of Louisville's most desirable neighborhoods. Residents enjoy exceptional walk-ability to local restaurants, coffee shops, Cherokee Park, and neighborhood amenities, supporting strong rental demand and long-term investment stability. Many of the units have been thoughtfully updated to blend historic charm with modern conveniences, featuring appointed kitchens, in-unit laundry, multiple bathrooms, spacious living areas, and attractive finishes. Two units are currently vacant and have recently undergone improvements including fresh paint, new bedroom carpeting, and professional cleaning, positioning them for immediate lease-up and enhanced income potential. Both will be listed soon and are sure to become occupied quickly. Whether you're a seasoned investor seeking a quality asset in a premier rental market, an owner-occupant looking to offset expenses while living on-site, or a buyer searching for a property with future upside or single family conversion potential, this offering delivers flexibility and opportunity. The combination of strong location fundamentals, existing income, rental growth potential, and the enduring appeal of Cherokee Triangle creates a compelling investment rarely available in today's market. From the grand architecture, original leaded and stained-glass windows, and carriage house configuration to the opportunity for increased rents and continued modernization, 1271 Cherokee Road represents a unique chance to own a landmark multifamily asset in one of Louisville's most established and prestigious neighborhoods. Properties with this level of character, scale, income potential, and long-term upside are increasingly difficult to find so don't wait - schedule a tour today!

Location

State KY

County Jefferson

Direction Between Longest Ave and Patterson Ave

Interior

Heating Forced Air

Cooling Central Air

Exterior

Exterior Feature Balcony

View Y/N No

Roof Type Composition

Porch Porch

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Wood Frame,Stone

Greater Louisville MLS (Metro Search Inc)

Listed by Homepage Realty

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(502) 608-2693

tiffanysiemsrealtor@gmail.com

Learn More About LPT Realty

1271 Cherokee Rd Louisville, KY 40204