Map
Listed price in listed location currency (USD).
$1,490,000

8100

MLS® 1721382

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 6285 sqft
Garage 
Maintenance Fees 
Taxes 
Days Active 0
Approx. Age 1890
Avg. Price Per Sqft $237
MLS® Number 1721382

Property Address: 1271 Cherokee Rd, Louisville, KY, 40204

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number1721382
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1890
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 24, 2026List Date
$1,490,000List Price
  • Commute

Commute

Starting Address
Destination Address
1271 Cherokee Rd, Louisville, KY

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