$990,000

1481 S 2nd St Louisville, KY 40208

$10,000
Closing credit¹
0 beds
7,355 sqft
0.10 acres
$135 / sqft
Condo

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

  • MLS Number: 1680136
  • 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: 2/21/2025, 1:20:56 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

bird's eye view

$990,000

1481 S 2nd St

$10,000

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$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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,457. The majority of Louisville, KY residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area 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 BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

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

Similar homes for sale

Frequently asked questions

About 1481 S 2nd St

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 $990,000.

In January 2025 more than 92 listings in Louisville, KY were sold above the asking price. During the same period more than 122 listings were sold at asking price, while more than 258 were sold below. The number of homes for sale in Louisville, KY decreased by 0.8% between December and January 2025. 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.

More resources