$94,900

131 S 38th St Louisville, KY 40212

$1,127
Closing credit¹
2 beds
1 full
630 sqft
0.04 acres
$151 / sqft
House

Property details

About 131 S 38th St

This fully leased portfolio of five single-family homes offers strong cash flow and reliable long-term tenants in place, making it a seamless, turnkey investment. Each property is well-maintained and located in high-demand rental areas, ensuring consistent rental income. Whether you're expanding your portfolio or seeking passive cash flow, this package delivers stability and strong returns. For all 5 properties the rental total is $4,900/mo. 131 S 38th St, is bringing $1100/mo. Don't miss out on this great opportunity! This is SOLD as a bundle property. Please see more details in MLS for: 2410-2411 Rowan/Crop St, 2802 Duncan St. Louisville, KY 40212 and 3131 Garland Ave, Louisville KY 40211.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusAccepting Backup Offers
(Active Under Contract)
Size630 sqft
BasementYes
Lot size0.04 Acres
Year built1925
ParkingOn Street, None
MLS #1683519

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: On Street, None
  • Architectural Style: Ranch
  • Heating: Forced Air
  • List Price: $94,900
  • Price/SqFt: $150
  • Annual Tax Amount: $603
  • Tax Year: 2023
  • Lot: Sidewalk
  • Directions: - W. Market St. to 38th St.
  • Year Built: 1925
  • Stories: 1
  • Living Area: 630 SqFt
  • Lot Size: 0.04 Acres
  • MLS Number: 1683519
  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • Office Name: Keller Williams Louisville East

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: 5/2/2025, 10:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of exterior entry

$94,900

131 S 38th St

$1,127

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 31, 2022
Home Sold
$45,000

Tax history

YearAssessmentProperty Tax
2023$45,000$603
2022$19,210$261
2021$19,210$261
2020$19,210$278
2019$19,210$257
2018$19,470$253
2017$19,470$253

History based on county public records data.

Nearby schools

2

Young Elementary School

Public Magnet KG-5

0.4 mi

3526 W Muhammad Ali Blvd

3

Atkinson Elementary School

Public Magnet KG-5

0.8 mi

2811 Duncan St

2

Portland Elementary School

Public Magnet KG-5

1.0 mi

3410 Northwestern Pkwy

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 $37,708. The most common annual income of people living in Louisville, KY is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

45%
<35k
55%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
32%
Single, with Kids
15%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
18%
18-34 yrs old
40%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 131 S 38th St

The listing price of 131 S 38th St property is $94,900.

The property 131 S 38th St is a house located in Louisville, Kentucky, 40212.

Accepting Backup Offers: 131 S 38th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 131 S 38th St are: Young Elementary School (GreatSchools Rating 2/10), Atkinson Elementary School (GreatSchools Rating 3/10), Portland Elementary School (GreatSchools Rating 2/10), Western Middle School for the Arts (GreatSchools Rating 4/10), Johnson Traditional Middle School (GreatSchools Rating 4/10), Grace M. James Academy of Excellence (GreatSchools Rating 4/10), The Academy at Shawnee High School (GreatSchools Rating 1/10), Central High Magnet Career Academy (GreatSchools Rating 5/10), New Albany Senior High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $603 (source: MLS/based on county public records data).

The last sale was on August 31, 2022 for $45,000 (source: MLS/tax record).

The property at 131 S 38th St has 2 bedrooms and 1 bathroom.

The property 131 S 38th St is 630 SqFt (source: MLS/tax record).

The year of construction for 131 S 38th St is 1925.

This home is located at 131 S 38th St in Louisville, KY and zip code 40212 in the Shawnee neighborhood. This 630 square foot home, which was built in 1925, sits on a 0.04 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $94,900.

Over 235 listings were sold over their listed price in April 2025 in Louisville, KY. In the same period over 292 listings were sold below the listed price and 214 listings were sold for the listed price. In April 2025 in Louisville, KY there were 10.5% more homes for sale than in March. Listings spent 14 days on the market in April 2025, and had a median list price of $259,895 during the same period.

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

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