$560,000

1200 Cherokee Rd Louisville, KY 40204

$6,650
Closing credit¹
4 beds
2 baths
2,810 sqft
$199 / sqft
Multi-Family

Property details

About 1200 Cherokee Rd

This charming duplex offers a rare opportunity for homeowners and investors in the heart of Louisville's coveted Cherokee Triangle. Combining historic character with modern upgrades, the property is approved for historic tax credits and eligible for an owner-occupied Conditional Use Permit (CUP) for Airbnb, making it an excellent choice for those looking to generate additional income through short-term rentals. The first-floor unit is currently occupied by a reliable tenant paying $1,450 monthly. This unit features recent upgrades to the kitchen and bathroom. The second-floor unit, which has also been updated with a refreshed kitchen, is vacant and available for immediate viewing. It's perfect for owner-occupancy or as an additional rental unit. This well-maintained duplex is easy to rent and has a proven rental history. Tree-lined streets and historic architecture surround the property. Residents enjoy walking distance to local shops, restaurants, and parks with convenient access to downtown Louisville and major highways. Whether you're looking to live in one unit while renting out the other or seeking a wise investment in a prime location, this property offers endless possibilities. Don't miss the chance to own a piece of Louisville's history while enjoying modern conveniences and income potential. Schedule your tour today and see what this exceptional duplex offers!

Highlights

Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,810 sqft
Year built1920
MLS #1680796
Garage2 spaces

Summary

  • MLS Number: 1680796
  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • Office Name: EXP Realty LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/28/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house featuring brick siding and a chimney

$560,000

1200 Cherokee Rd

$6,650

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$335,170$4,497
2022$335,170$4,558
2021$335,170$4,558
2020$345,000$4,863
2019$345,000$4,628
2018$351,250$4,577
2017$351,250$4,577

History based on county public records data.

Nearby schools

6

Bloom Elementary School

Public District KG-5

0.1 mi

1627 Lucia Ave

3

Breckinridge-Franklin Elementary School

Public Magnet KG-5

0.9 mi

1351 Payne St

5

Lincoln Elementary Performing Arts

Public Magnet KG-5

1.4 mi

930 E Main St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $76,875. Most Louisville, KY residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

21%
<35k
33%
35k-100k
31%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

72%
Single, No Kids
4%
Single, with Kids
16%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
40%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking
  • TennisTennis

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1200 Cherokee Rd in Louisville, KY and zip code 40204 in the Cherokee Triangle neighborhood. This 2,810 square foot home was built in 1920. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $560,000.

While more than 92 listings in Louisville, KY in January 2025 were sold above asking price, there were more than 122 listings sold at asking price, and more than 258 were sold below. The inventory of homes for sale in Louisville, KY between December and January 2025 decreased by 0.8%. In January 2025, listings were on the market for 3 days. During the same period, the median list price in this real estate market was $256,676.

From Rocket Homes Real Estate and based on county public records data.

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