#1689802, Listing office: PML Real Estate Group LLC
310 S 42nd St Louisville, KY 40212
Property details
About 310 S 42nd St
Turnkey Investment Property - Immediate Cash Flow! Seize this excellent investment opportunity with a fully leased property generating $1,100/month in rental income. This charming 2-bedroom + flex room, 1-bath home features beautifully maintained floors, a spacious basement perfect for storage or future upgrades, and a nice sized backyard. Located in an established neighborhood this property offers stable cash flow and minimal upfront effort. Whether you're growing your portfolio or looking for a low-maintenance income property, this one check all the boxes. Highlights: Current tenant in place through next year $1,100/month rent Stylish flooring throughout Full basement and attractive backyard Don't miss out—invest in this income-generating asset today!
Highlights
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: On Street, Detached
- Architectural Style: Traditional
- Heating: Electric
- Cooling: Central Air
- List Price: $129,900
- Price/SqFt: $118
- Annual Tax Amount: $1,033
- Tax Year: 2023
- Directions: Turn right on to Muhammad Ali Turn right onto 41st street Tun left on Larkwood Ave Turn right on to 42nd street
- Year Built: 1927
- Stories: 1
- Living Area: 1,100 SqFt
- Lot Size: 0.08 Acres
- MLS Number: 1687453
- MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
- Office Name: Guide Realty Inc.
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Last updated on: 7/22/2025, 8:40:33 AM 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 | $77,000 | $1,033 |
2022 | $35,850 | $487 |
2021 | $35,850 | $487 |
2020 | $35,850 | $519 |
2019 | $35,850 | $480 |
2018 | $44,850 | $584 |
2017 | $44,850 | $584 |
History based on county public records data.
Nearby schools
2
Young Elementary School
Public Magnet KG-5
0.6 mi
•3526 W Muhammad Ali Blvd
3
Atkinson Elementary School
Public Magnet KG-5
1.3 mi
•2811 Duncan St
2
Portland Elementary School
Public Magnet KG-5
1.3 mi
•3410 Northwestern Pkwy
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 $28,406. Typical income of Louisville, KY residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 310 S 42nd St
The listing price of 310 S 42nd St property is $129,900.
The property 310 S 42nd St is a house located in Louisville, Kentucky, 40212.
Active Listing: 310 S 42nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 310 S 42nd 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), New Albany Senior High School (GreatSchools Rating 6/10), Central High Magnet Career Academy (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,033 (source: MLS/based on county public records data).
The property at 310 S 42nd St has 2 bedrooms and 1 bathroom.
The property 310 S 42nd St is 1,100 SqFt (source: MLS/tax record).
The year of construction for 310 S 42nd St is 1927.
This home is located at 310 S 42nd St in Louisville, KY and zip code 40212 in the Shawnee neighborhood. This 1,100 square foot home, which was built in 1927, sits on a 0.08 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $129,900.
While more than 264 listings in Louisville, KY in June 2025 were sold above asking price, there were more than 240 listings sold at asking price, and more than 353 were sold below. The inventory of homes for sale in Louisville, KY between May and June 2025 increased by 6.2%. In June 2025 median list price was $260,694 and the average listing age was 38 days.