#1692327, Listing office: PRG Commercial Property Advisors
Property details
About 1481 S 2nd St
The property is located within a 4-mile radius of four colleges and universities, making it a highly sought-after investment due to the strong demand for student housing. Meticulously renovated and maintained by the current owners over the past 20 years, it features 7,355 SF of finished living space, along with an additional 2,000 SF of unfinished basement, offering extra storage space. This is a turn-key investment, ideal for both first-time investors and seasoned professionals looking to expand their portfolio. The current owners are open to staying on to manage the property, ensuring a smooth transition and continued high occupancy. With its prime location, recent upgrades, and established management, this is an opportunity to generate immediate cash flow with minimal hassle.
Highlights
Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
Size7,355 sqft
Lot size0.1 Acres
Year built1905
MLS #1680136
Summary
- Exterior: Balcony
- Heating: Forced Air, Natural Gas
- List Price: $900,000
- Price/SqFt: $122
- Annual Tax Amount: $7,811
- Tax Year: 2023
- Directions: -
- Year Built: 1905
- Living Area: 7,355 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 1680136
- MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
- Office Name: EXP Realty LLC
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: 7/24/2025, 2:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $582,090 | $7,811 |
| 2022 | $503,850 | $6,852 |
| 2021 | $503,850 | $6,852 |
| 2020 | $503,850 | $7,303 |
| 2019 | $503,850 | $6,759 |
| 2018 | $483,000 | $6,294 |
| 2017 | $483,000 | $6,294 |
History based on county public records data.
Nearby schools
3
Cochran Elementary School
Public District KG-5
0.4 mi
•500 W Gaulbert Ave
1
Shelby Elementary School
Public Magnet KG-5
0.7 mi
•735 Ziegler St
1
Engelhard Elementary School
Public District KG-5
0.9 mi
•1004 S 1st St
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 $20,457. Typical income of Louisville, KY residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
68%
<35k
21%
35k-100k
8%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
83%
Single, No Kids
6%
Single, with Kids
8%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
2%
12-17 yrs old
55%
18-34 yrs old
33%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1481 S 2nd St
The listing price of 1481 S 2nd St property is $900,000.
The property 1481 S 2nd St is a condo located in Louisville, Kentucky, 40208.
Active Listing: 1481 S 2nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1481 S 2nd St are: Cochran Elementary School (GreatSchools Rating 3/10), Shelby Elementary School (GreatSchools Rating 1/10), Engelhard Elementary School (GreatSchools Rating 1/10), Noe Middle School (GreatSchools Rating 6/10), Meyzeek Middle School (GreatSchools Rating 7/10), Jefferson County Traditional Middle School (GreatSchools Rating 6/10), Dupont Manual High School (GreatSchools Rating 10/10), Jefferson County High School (GreatSchools Rating 2/10), J. Graham Brown School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $7,811 (source: MLS/based on county public records data).
The property at 1481 S 2nd St has 0 bedroom and 0 bathroom.
The property 1481 S 2nd St is 7,355 SqFt (source: MLS/tax record).
The year of construction for 1481 S 2nd St is 1905.
This home is located at 1481 S 2nd St in Louisville, KY and zip code 40208 in the Old Louisville neighborhood. This 7,355 square foot home, which was built in 1905, sits on a 0.10 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $900,000.
Over 264 listings were sold over their listed price in June 2025 in Louisville, KY. In the same period over 353 listings were sold below the listed price and 240 listings were sold for the listed price. Between May and June 2025, Louisville, KY real estate market has seen increase in the number of listings by 6.2%. In June 2025, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $260,694.
From Rocket Homes Real Estate and based on county public records data.