2516 Northwestern Pkwy, Louisville, KY 40212
FOR SALE

2516 Northwestern Pkwy
Louisville, KY 40212

Portland
  • Studio
  • 2,131 sqft
  • Studio
  • 2,131 sqft

$194,900

Original price: $199,000
Est. Mortgage $1,248/mo*
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Local Information

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Description

Historic Portland Tavern Building - A Unique Opportunity!

Welcome to 2516 Northwestern Parkway, a property with a rich history in the heart of Louisville, KY. This historic building, originally the Portland Tavern, offers a unique opportunity for investors, entrepreneurs, or those with a passion for preserving history.

Property Details:

Address: 2516 Northwestern Parkway, Louisville, KY 40212
Zoning: C-R (Commercial-Residential)
Property Type: Duplex
Historic Tax Credits: Yes
Potential Uses: Short Term Rentals, Long Term Rentals, Pub or Tavern Concept

Historical Charm:
The soul of this property lies in its history. The limestone threshold at the front of the property, worn with a unique pattern from years of foot traffic entering and exiting the Tavern, tells a story of Louisville's past. Owning this property means becoming a steward of the city's heritage.

Current Condition:
While the property's current condition is in need of some TLC, it remains livable. This presents an excellent opportunity for both investors and owner-occupants who are willing to live on-site while undertaking the necessary renovations. The potential for restoration and revitalization is boundless.

Investment Potential:
Whether you envision transforming this space into a vibrant short-term rental, a cozy long-term rental, or reviving it as a pub or tavern, the versatile C-R zoning opens the door to numerous possibilities. With a touch of creativity and a commitment to preserving history, this property can once again become a thriving establishment in Louisville's vibrant community.

Don't miss out on this chance to own a piece of Louisville's history and contribute to its future.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$91
Listed
106 days ago

Home Details for 2516 Northwestern Pkwy

Interior Features

Dimensions and Layout
Living Area: 2131 Square Feet
Appliances & Utilities
Utilities: Natural Gas Connected
Heating & Cooling
Heating: Electric,Natural GasHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Electric

Exterior Features

Exterior Home Features
Roof: PitchedExterior: None
Parking & Garage
No Garage
Water & Sewer
Sewer: City Sewer
Finished Area
Finished Area (above surface): 2131 Square Feet

Days on Market

Days on Market: 106

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: Residential IncomeProperty Subtype: DuplexArchitecture: Shotgun
Building
Construction Materials: Brick
Property Information
Parcel Number: 005F01590000

Price & Status

Price
List Price: $194,900Price Per Sqft: $91

Active Status

MLS Status: Active

Location

Direction & Address
City: LouisvilleCommunity: None

Agent Information

Listing Agent
Listing ID: 1652753

Building

Building Area
Building Area: 2131 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 4356 sqft

Miscellaneous

Mls Number: 1652753
Last check for updates: about 13 hours ago
Listing courtesy of Barrett Goff, (502) 905-2653
Allodium Real Estate
Source: GLARMLS, MLS#1652753

Price History for 2516 Northwestern Pkwy

DatePriceEventSource
02/13/2024$194,900PriceChange
GLARMLS #1652753
02/06/2024$199,000Listed For SaleGLARMLS #1652753
06/13/2023$90,000Sold
N/A
02/05/2014$1,000Sold
N/A

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Property Taxes and Assessment

Year2020
Tax$1,177
Assessment$85,640
Home facts updated by county records

Comparable Sales for 2516 Northwestern Pkwy

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2627 Northwestern Pkwy, Louisville, KY
0.09
Multi-Family Home
$42,500
12/01/23
3
-
1,314
2014 Bank St, Louisville, KY
0.62
Multi-Family Home
$109,000
02/14/24
2
1
1,505
444 N 28th St, Louisville, KY
0.44
Multi-Family Home
$157,000
03/29/24
2
1
1,440
418 N 26th St, Louisville, KY
0.44
Multi-Family Home
$158,780
11/21/23
6
1
3,552
2633 Alford Ave, Louisville, KY
0.65
Multi-Family Home
$154,000
01/18/24
5
1
2,704
2515 W Main St, Louisville, KY
0.89
Multi-Family Home
$50,000
04/04/24
5
3
1,978
3411 Rudd Ave, Louisville, KY
0.86
Multi-Family Home
$175,000
10/31/23
9
1
2,978
522 N 26th St, Louisville, KY
0.25
Multi-Family Home
$210,000
07/21/23
-
3,200

Neighborhood Overview

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

What Locals Say about Portland

  • Trulia User
    "they have a chili fest down here every year and they have some kind of festival at the library every year a lot of people show up Portland is not a bad area if you have friends down here that you can trust where I live at it's not so bad but you do always need to be watching your back I wouldn't mind having an apartment or house down here and bringing my son down "
    0
    Flag
  • Trulia User
    "Cameras that our neighbors have Church building have wonderful people who look after the kids fence in playground for kids"
    1
    Flag
  • Trulia User
    "I been here off and on visiting family for a long time I love it it's wonderful friendly loving quiet big houses accessable stores bus stops close to schools low crime rate "
    4
    Flag
  • Benjamin G.
    "My neighborhood isn’t a neighborhood, it’s a farm away from all the craziness. I love the peace and quiet that the distance provides"
    19
    Flag
  • Navymom2385
    "The area is being run down by drugs and the older people that used to live in Portland has all died off giving more room for in acceptable people to move in. "
    8
    Flag
  • Swiftyjallen
    "dope feinds every where dirty needles in the parks not what this area used to be.at all ! they took all the family owned bussinesses away and put up family dollar stores now only one conglomerate makes the money its the Pitts."
    10
    Flag
  • Charles P.
    "The area isn't as good as it was back in the day when i was coming up. It's so so but it would be better with more of a police presence and if u got rid of all the drugs and abandon house squaters."
    4
    Flag
  • Silky
    "i drive a car to commute around the area. i would walk if i had too i love Portland and 99% of the people"
    0
    Flag
  • Mahogany L.
    "Some streets are less friendly. The main roads like bank st and Portland ave are well lit and travelled frequently by walkers "
    2
    Flag
  • Mahogany L.
    "Easy access to expressway, I never experience traffic and gas station or grocery nearby. It’s a good neighborhood, my neighbors are older and all speak and enjoy the space."
    0
    Flag
  • K
    "Can be a little rough but the community is family oriented. It is always home for anyone who is willing to get to know other people"
    2
    Flag
  • Leslieann B.
    "Portland is not as bad as ppl think. I enjoy our neighbors. I have lived in Portland for three years. "
    2
    Flag
  • Amykey1982
    "we have portland festival and the portland parade every year in june and we also thunder over louisville"
    1
    Flag
  • James m.
    "There are quite a few families on my block and there’s a park a block away from my house. There is also an elementary school in the neighborhood. "
    2
    Flag
  • Ashleyhiggs25
    "Its not as bad of a neighborhood as people think. There are some really good people and portland is like a family. Its a nice small little neighborhood."
    13
    Flag
  • Sarah B.
    "I love it.... I was born and raised in the neighborhood... my whole family is from here .. I tell everyone about this place and how much there is to do with the kids and family... "
    1
    Flag
  • Staceykey24
    "It's a very bad neighborhood. The crime is horrible. I will deffinatley be moving from this area as soon as I can."
    14
    Flag
  • Haven363
    "This area is dangerous, tons of crime, and that's just the tip of the ice berg. There are good people in the area but they're far and few between. "
    10
    Flag
  • Catherine E. T.
    "Nothing there’s trash everywhere and trees growing all over the power lines It’s a mess Grass very high at abandon houses "
    3
    Flag
  • Jeffrey M.
    "This neighborhood isn’t all that great. Lots of abandoned houses and not much around. Often hear yelling and commotion on the street. 10 minutes from downtown Louisville."
    3
    Flag

LGBTQ Local Legal Protections

Barrett Goff, Allodium Real Estate
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 brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. © 2024 Metro Search, Inc.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2516 Northwestern Pkwy, Louisville, KY 40212 is a studio, 2,131 sqft multi-family built in 1880. 2516 Northwestern Pkwy is located in Portland, Louisville. This property is currently available for sale and was listed by GLARMLS on Jan 13, 2024. The MLS # for this home is MLS# 1652753.