$1,876 Closing Credit¹
#1687603, Listing office: Green Team Real Estate Services
$149,900 List price
1407 Bluegrass Ave Louisville, KY 40215
$1,780
Closing credit¹
3 beds
1 full
1,296 sqft
0.1 acres
$116 / sqft
House
Property details
About 1407 Bluegrass Ave
Income-Producing 3 bedroom/1 bath - Investment Opportunity Don't miss this opportunity to own an income-generating property with strong rental potential. Currently leased at $1,450 per month, this property offers steady cash flow from day one. Whether you're a seasoned investor or just getting started, this is an excellent addition to your portfolio. Conveniently located and easy to manage, this property combines consistent returns with long-term value.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size1,296 sqft
Lot size0.14 Acres
Year built1900
ParkingDriveway
MLS #1687804
Summary
- Full Bathrooms: 1
- Basement: No
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Driveway
- Architectural Style: Traditional
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $149,900
- Price/SqFt: $115
- Annual Tax Amount: $872
- Tax Year: 2023
- Lot: Irregular Lot, Sidewalk
- Directions: Watterson to Taylor Blvd, South to right onto Bluegrass Ave.
- Year Built: 1900
- Stories: 1
- Living Area: 1,296 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 1687804
- MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
- Office Name: Column Realty
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: 6/5/2025, 11:40:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$149,900
1407 Bluegrass Ave
$1,780
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 21, 2022 | Home Sold | $65,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $65,000 | $872 |
| 2022 | $78,970 | $- |
| 2021 | $78,970 | $- |
| 2020 | $78,970 | $- |
History based on county public records data.
Nearby schools
3
Hazelwood Elementary School
Public District KG-5
0.1 mi
•1325 Bluegrass Ave
1
Jacob Elementary School
Public District KG-5
1.0 mi
•3701 E Wheatmore Dr
3
Rutherford Elementary School
Public District KG-5
1.1 mi
•301 Southland Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $13,250. The majority of Louisville, KY residents have income less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
85%
<35k
11%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
53%
Single, No Kids
17%
Single, with Kids
13%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
38%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1407 Bluegrass Ave
The listing price of 1407 Bluegrass Ave property is $149,900.
The property 1407 Bluegrass Ave is a house located in Louisville, Kentucky, 40215.
Active Listing: 1407 Bluegrass Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1407 Bluegrass Ave are: Hazelwood Elementary School (GreatSchools Rating 3/10), Jacob Elementary School (GreatSchools Rating 1/10), Rutherford Elementary School (GreatSchools Rating 3/10), Olmstead South Middle School (GreatSchools Rating 2/10), Olmstead North Middle School (GreatSchools Rating 3/10), Lassiter Middle School (GreatSchools Rating 2/10), Iroquios High School (GreatSchools Rating 1/10), Butler Traditional High School (GreatSchools Rating 3/10), Doss High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $872 (source: MLS/based on county public records data).
The last sale was on March 21, 2022 for $65,000 (source: MLS/tax record).
The property at 1407 Bluegrass Ave has 3 bedrooms and 1 bathroom.
The property 1407 Bluegrass Ave is 1,296 SqFt (source: MLS/tax record).
The year of construction for 1407 Bluegrass Ave is 1900.
This home is located at 1407 Bluegrass Ave in Louisville, KY and zip code 40215 in the Hazelwood neighborhood. This 1,296 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 24, 2025 and is currently priced at $149,900.
Over 269 listings were sold over their listed price in May 2025 in Louisville, KY. In the same period over 302 listings were sold below the listed price and 211 listings were sold for the listed price. The number of homes for sale in Louisville, KY increased by 10.4% between April and May 2025. In May 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $259,968.
From Rocket Homes Real Estate and based on county public records data.