1308 Everett Ave, Louisville, KY 40204
SOLDFEB 5, 2024

1308 Everett Ave
Louisville, KY 40204

Cherokee Triangle
  • Studio
  • 4,506 sqft
  • Studio
  • 4,506 sqft

$768,000

Last Sold: Feb 5, 2024
$170/sqft
Est. Refi. Payment $4,685/mo*

Homes for Sale Near 1308 Everett Ave

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from February 06, 2024
This generational asset is located in the heart of the Cherokee Triangle. Built as an apartment property, the building is uniquely newer for the area. It contains six high-demand one-bedroom units with historically high occupancy. The property has remained in the same family for generations, making it a truly rare opportunity.

The asset is surrounded by high quality single family residential in Louisville's most desirable infill neighborhood. Tenants take advantage of easy walking distance to both Cherokee Park and Bardstown Road. It is separately metered for gas and electric. Current upside potential exists in rents.

Investors will enjoy the steady occupancy, as well as strong intrinsic value of the underlying real estate in a historically appreciating area. Highlights include:

> Six large 1BR/1BA units
> Separately metered for LG&E
> Built-as apartments in highly desirable location
> W/D hookups and additional storage in basement

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$170/sqft
Listed
116 days ago

Home Details for 1308 Everett Ave

Interior Features

Dimensions and Layout
Living Area: 4506 Square Feet
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air

Exterior Features

Exterior Home Features
Roof: ShingleExterior: None
Parking & Garage
No Garage
Water & Sewer
Sewer: City Sewer
Finished Area
Finished Area (above surface): 4506 Square Feet

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Building
Construction Materials: Brick
Property Information
Parcel Number: 0

Price & Status

Price
List Price: $768,000Price Per Sqft: $170/sqft
Status Change & Dates
Off Market Date: Fri Jan 05 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: LouisvilleCommunity: None

Building

Building Area
Building Area: 4506 Square Feet

HOA

No HOA

Miscellaneous

BasementMls Number: 1651981
Last check for updates: about 20 hours ago
Listed by Jenny Johnston, (502) 645-1729
PRG Commercial Property Advisors
Bought with: Geoffrey Carr, Housing Associates
Source: GLARMLS, MLS#1651981

Price History for 1308 Everett Ave

DatePriceEventSource
02/05/2024$768,000Sold
GLARMLS #1651981
01/06/2024$768,000PendingGLARMLS #1651981
01/02/2024$768,000Listed For SaleGLARMLS #1651981

Comparable Sales for 1308 Everett Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Apartment
$989,995
05/10/23
9
5
6,838
0.60
Apartment
$1,070,037
07/07/23
5
3
6,375
1.78
Apartment
$1,100,000
08/16/23
-
4,472
1.91
Apartment
$539,700
04/19/24
8
4
4,126
1.88
Apartment
$415,000
08/22/23
-
4,551
2.06
Apartment
$875,000
12/27/23
16
10
6,476
2.38
Apartment
$459,000
07/03/23
6
3
5,084
2.61
Apartment
$683,000
08/30/23
7
4
5,247

Assigned Schools

These are the assigned schools for 1308 Everett Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Cherokee Triangle

  • Trulia User
    "Dog friendly with a large park and friendly people. Streets aren’t too busy so it’s fairly safe to walk "
    2
    Flag
  • Trulia User
    "honestly I'm not completely sure, I haven't lived here for very long, but I will say that the community is very active and is quite lively in a very positive way"
    2
    Flag
  • Christina C.
    "Walk to the park, walk to dog park, walk to grocery, bike to work. Neighbors are pleasant and private. Noise level is not bad. Close to everything. I feel safe at home "
    3
    Flag
  • Lenalions
    "I operate a Home for Disabled Veterans in Cherokee Triangle that has been open 40 yrs in July. This is an amazing neighborhood filled with diverse friendly residents who help one another. You will absolutely love The Highlands, the parks, shops, restaurants and entertainment. "
    8
    Flag
  • Danielle B.
    "They would love the sidewalks and big old trees for shade. They would love that several people are out walking their dogs at the same time unless their dogs don’t like other dogs. "
    1
    Flag
  • Rebecca M.
    "Great neighborhood. Walking distance to bars ans restaurants. Socially liberal community. I feel safe. "
    3
    Flag
  • Rebecca M.
    "Cherokee Park is beautiful. I don’t have kids. There is a lot of traffic. People drive too fast down the streets. "
    1
    Flag
  • Jessibel70
    "I don’t go anywhere So my commute is extremely comfortable. I tend to stay away from bardstown road. The drivers around here are not the safest. "
    3
    Flag
  • Janeva L.
    "Nice Friendly people Always smiles on their faces Lots of kids playing around and all nice little park down the street"
    0
    Flag
  • Trulia User
    "I take the bus, and there's lots of routes that go through here. It's super easy to get downtown, but I don't really go anywhere else."
    0
    Flag
  • Jeff
    "Lots of beautiful, old, huge mansions on Cherokee Rd. Pretty trees, everybody keeps their place nice."
    6
    Flag
  • Jleemartin925
    "The neighborhood is very well kept and is very beautiful. The neighborhors look out for one another and are very friendly. "
    3
    Flag
  • clbycmbl
    "Food, shops, and nightlife are the best in Louisville. The area is so pet friendly that if you do not own a dog you will soon want to get one. Cherokee park is beautiful with plenty of walking and bike trails. The Highlands is very friendly and eventful community, there is always something going on that is fun for the whole family. I would recommend the area to anyone looking to move to Louisville. Bardstown Rd/ Baxter Ave is nonstop independently owned shops, bars and restruants that are guarenteed not to let you down. This place is a 10 outa 10 in my book. "
    2
    Flag

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Homes for Rent Near 1308 Everett Ave

Off Market Homes Near 1308 Everett Ave

1308 Everett Ave, Louisville, KY 40204 is a studio, 4,506 sqft apartment built in 1960. 1308 Everett Ave is located in Cherokee Triangle, Louisville. This property is not currently available for sale. 1308 Everett Ave was last sold on Feb 5, 2024 for $768,000 (0% higher than the asking price of $768,000).