$1,425 Closing Credit¹
#1677245, Listing Office: Semonin REALTORS
$109,900 List price
3107 Greenwood Ave Louisville, KY 40211
$1,305
Closing credit¹
2 beds
1 full
1,036 sqft
0.1 acres
$106 / sqft
House
Property details
About 3107 Greenwood Ave
This beautifully renovated 2-bed, 1-bath property in West Louisville offers an exceptional investment opportunity with a tenant in place until October 2026, generating $1,100 per month in rental income. The tenant is responsible for all utilities, appliances, and yard maintenance, minimizing your operational costs. This turnkey investment provides immediate cash flow, making it an ideal choice for investors. Key Investment Highlights: * Attractive Cap Rate: This property boasts an impressive 10% cap rate before maintenance and vacancy. * Low Maintenance Costs: With the tenant handling utilities and yard work, you can enjoy reduced operational expenses. * Renovated for Long-Term Value: Recent renovations include a new roof, modern kitchen and bathroom, fresh paint, and * and new flooring, ensuring durability and minimizing future repair costs. * Growing Neighborhood: The area is experiencing active investment, including a major renovation of the adjacent property, indicating a rising demand and potential for long-term appreciation. Property Features: * New Flooring: Brand new flooring throughout the home. * Newly installed roof. * Upgraded kitchen and bathroom with contemporary fixtures and finishes. * Fresh paint in every room. * New lighting fixtures and ceiling fans. * Spacious Layout: Generous living room and dining room with an open floor plan. * Large covered front porch. * Comfortable Bedrooms with ample closet space. * Updated Bathroom: Full bathroom with modern fixtures and stylish finishes. Prime Location Centrally located in West Louisville, this property offers easy access to expressways and is just blocks away from grocery stores, city parks, and other local amenities. The area's revitalization efforts and nearby renovations position this property for potential long-term appreciation. Don't miss this opportunity to capitalize on a high-yielding investment in a growing neighborhood. Seize the benefits of this lucrative real estate investment!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingWall/Window Unit(s)
Size1,036 sqft
BasementYes
Lot size0.11 Acres
Year built1925
ParkingOn Street
MLS #1681743
Summary
- MLS Number: 1681743
- 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: 3/14/2025, 2:20:56 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
$109,900
3107 Greenwood Ave
$1,305
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 13, 2023 | Home Sold | $29,000 |
| Nov 03, 2014 | Home Sold | $26,000 |
| Dec 04, 2007 | Home Sold | $12,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $44,900 | $602 |
| 2022 | $24,770 | $336 |
| 2021 | $24,770 | $336 |
| 2020 | $24,770 | $359 |
| 2019 | $24,770 | $332 |
| 2018 | $20,310 | $264 |
| 2017 | $20,310 | $264 |
History based on county public records data.
Nearby schools
5
Brandeis Elementary School
Public Magnet PK-5
0.2 mi
•2817 W Kentucky St
5
Foster Elementary School
Public Magnet KG-5
0.9 mi
•1401 S 41st St
2
Young Elementary School
Public Magnet KG-5
1.0 mi
•3526 W Muhammad Ali Blvd
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 $14,656. Most Louisville, KY residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
81%
<35k
19%
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?
55%
Single, No Kids
32%
Single, with Kids
9%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
39%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3107 Greenwood Ave
This home is located at 3107 Greenwood Ave in Louisville, KY and zip code 40211 in the Parkland neighborhood. This 1,036 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $109,900.
In February 2025 more than 94 listings in Louisville, KY were sold above the asking price. During the same period more than 133 listings were sold at asking price, while more than 246 were sold below. The number of listings in Louisville, KY increased by 6.2% between January and February 2025. Listings spent 89 days on the market in February 2025, and had a median list price of $258,399 during the same period.
From Rocket Homes Real Estate and based on county public records data.