Investor special in Louisville, KY! This 2 bedroom, 1 bathroom condo is already tenant-occupied at $1,200/month, providing instant cash flow from day one. At just $85,000, this property easily beats the 1% rule and offers an affordable entry point into real estate investing or a solid addition to any portfolio. The condo features a functional floor plan with two spacious bedrooms, a bright living area, and convenient access to major employers. With reliable rental income already in place, this is a true turnkey opportunity in a strong Louisville rental market. Whether you're a first-time investor or looking to expand your holdings, this deal won't last long. Schedule your showing today and secure cash flow you can count on.
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Level: Second
- Bedroom 2 Level: Second
Other Rooms
- Total Rooms: 6
- Full Bathroom Level: Second
- Half Bathroom Level: First
- Living Room Level: First
Bathrooms
- Total Bathrooms: 1.5
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Natural Gas
- Heating: Yes
Kitchen and Dining
Exterior and Lot Features
- Patio And Porch Features: Porch
- Porch: Yes
Garage and Parking
- Parking Features: On Street
Homeowners Association
- Association: Yes
- Association Fee Includes: Maintenance Grounds
School Information
- High School District: Jefferson
- School District: Jefferson
Other Property Info
- Tax Block: 029P
- Source Listing Status: Active
- County: Jefferson
- Directions: I-65 to exit 135 toward St Catherine West. Turn right onto W St Catherine St toward South 1st Street/West St Catherine. Turn right onto S 7th St (KY-1931 N) to property.
- Source Property Type: Residential
- Area: 00-Central Downtown District/Old Louisville
- Property Subtype: townhouse
- MLS Area Minor: 00-Central Downtown District/Old Louisville
- Source Neighborhood: 00-Central Downtown District/Old Louisville
- Parcel Number: 029P00C90000
- Property Subtype: Townhouse
Building and Construction
- Total Square Feet Living: 891
- Year Built: 1988
- Above Grade Finished Area: 891
- Building Area Total: 891
- Construction Materials: Brick Veneer
- Foundation Details: Crawl Space
- Property Age: 37
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
- Total Above Grade Sqft Area: 891
- Total Area Sqft: 891
Utilities
- Sewer: Public Sewer
- Electricity Connected
- Fuel:Natural
- Water Source: Public