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$799,900

2307 W Chestnut St Louisville, KY 40211

26 beds
11 baths
11,866 sqft
$67 / sqft
Condo

Property details

About 2307 W Chestnut St

Scoop up this Fully Leased, 9-Unit Residential Portfolio that exceeds the 1% Rule. Attractively priced under $89k/unit, this package includes 7 SFHs, 1 Duplex and a Vacant Lot. This value-add investment opportunity comes with mostly long-term, M2M tenants at below-market rental rates that provides another investor with a strong basis to incrementally increase rents. Individually combined, these properties are worth an estimated $950k-$1M thus providing instant equity. This reasonable entry-point provides a solid foundation with stable returns to build upon, regardless if you're a seasoned investor or just entering the market. Don't miss out on this rare chance to acquire a fully rented, income-producing portfolio in a growing market. The 9 doors generate ~$8,381/month: 6216 Hackberry Way: $1,175/mo - tenant M2M since 2008 (3 Bed, 1 Bath, 925 sqft w/ newer roof, cabinets, flooring 2307 W Chestnut St (DUPLEX): $1,689/mo ($989 1st floor section 8; $700 2nd floor) 1414 S Floyd St: $897/mo (Sec 8) - tenant M2M since 2005 (2 Bed, 1 Bath, 810 sqft w/ no central HVAC) 1786 W Gaulbert St: $825/mo - tenant M2M (2 Bed, 1 Bath, 927 sqft w/ newer carpet, updated bath + kitchen, central HVAC, replacement windows) 2107 W Kentucky St: $895/mo (Sec 8) - tenant M2M since 2013 (3 Bed, 1.5 Bath, 1,422 sqft w/ newer roof, central HVAC, 1.5 car garage) 1826 W Hill St: $750/mo - tenant M2M since 1987 (4 Bed, 1 Bath, 1,608 sqft w/ older roof, no central HVAC) 2711 W Market St : $1,350/mo - tenant M2M (4 Bed, 2 Bath, 2,018 sqft w/ space to add 2 more bedrooms upstairs, 2 Car Garage, central HVAC, 2 car garage) 2723 Saint Xavier St: $900/mo - tenant M2M since 2021 (4 Bed, 1 Bath, 1,480 sqft w/ central HVAC, older roof) corner lot that includes 2725 Saint Xavier St (.07 acres) Owner would entertain selling properties into smaller packages. Most homes have newer windows, some roofs replaced and some have granite countertops. The owner has done a nice job keeping the majority of the homes in average or better condition, and addressing issues when they arise. Scoop up this package today to build your portfolio! Please do not approach properties or contact tenants. Buyer to verify any and all information including but not limited to lot size, square footage, structural, utilities, zoning, comparables, # of beds, # of baths, etc

Highlights

Home typeCondominium
HeatingElectric, Forced Air, Natural Gas
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size11,866 sqft
Year built1890
MLS #1687905
Garage3 spaces

Summary

  • Total Bedroom Count: 26
  • Garage Space: 3 spaces
  • Exterior: See Remarks
  • Architectural Style: Other
  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air, Wall/Window Unit(s)
  • List Price: $799,900
  • Price/SqFt: $67
  • Annual Tax Amount: $1,328
  • Tax Year: 2023
  • Directions: Package includes multiple addresses: 6216 Hackberry Way, 2307 W Chestnut St, 1414 S Floyd St, 1786 W Gaulbert St, 2107 W Kentucky St, 1826 W Hill St, 2711 W Market St, 2723 Saint Xavier St, 2725 Saint Xavier St
  • Year Built: 1890
  • Living Area: 11,866 SqFt
  • MLS Number: 1687905
  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • Office Name: RE/MAX Premier Properties

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: 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

YearAssessmentProperty Tax
2023$99,030$1,328
2022$57,660$784
2021$57,660$784
2020$57,660$835
2019$57,660$773
2018$51,210$667
2017$51,210$667

History based on county public records data.

Nearby schools

1

Byck Elementary School

Public Magnet KG-5

0.2 mi

2328 Cedar St

5

Brandeis Elementary School

Public Magnet PK-5

0.8 mi

2817 W Kentucky St

3

Atkinson Elementary School

Public Magnet KG-5

0.9 mi

2811 Duncan 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 $12,632. The most common annual income of people living in Louisville, KY is less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

71%
<35k
29%
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?

64%
Single, No Kids
24%
Single, with Kids
7%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
18%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

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

Frequently asked questions

About 2307 W Chestnut St

The listing price of 2307 W Chestnut St property is $799,900.

The property 2307 W Chestnut St is a condo located in Louisville, Kentucky, 40211.

Active Listing: 2307 W Chestnut St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2307 W Chestnut St are: Byck Elementary School (GreatSchools Rating 1/10), Brandeis Elementary School (GreatSchools Rating 5/10), Atkinson Elementary School (GreatSchools Rating 3/10), 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), Central High Magnet Career Academy (GreatSchools Rating 5/10), The Academy at Shawnee High School (GreatSchools Rating 1/10), J. Graham Brown School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $1,328 (source: MLS/based on county public records data).

The property at 2307 W Chestnut St has 26 bedrooms and 11 bathrooms.

The property 2307 W Chestnut St is 11,866 SqFt (source: MLS/tax record).

The year of construction for 2307 W Chestnut St is 1890.

This home is located at 2307 W Chestnut St in Louisville, KY and zip code 40211 in the Russell neighborhood. This 11,866 square foot home was built in 1890. Features: 26 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $799,900.

Louisville, KY housing market in June 2025 saw over 264 listings sold above listed price, more than 240 sold at listed price and over 353 sold below. The number of homes for sale in Louisville, KY increased by 6.2% between May and June 2025. Listings spent 38 days on the market in June 2025, and had a median list price of $260,694 during the same period.

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

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