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$129,900

310 S 42nd St Louisville, KY 40212

2 beds
1 full
1,100 sqft
0.08 acres
$118 / sqft
House

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

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size1,100 sqft
BasementYes
Lot size0.08 Acres
Year built1927
ParkingOn Street, Detached
MLS #1687453

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.

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: 7/22/2025, 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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

62%
<35k
31%
35k-100k
7%
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?

49%
Single, No Kids
27%
Single, with Kids
15%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

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

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

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

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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.

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

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