5419 New Cut Rd $430,000

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    5419 New Cut Rd Louisville, KY 40214

    Closed
    SOLD 7/20/2021

    $430,000

    • 0 Beds
    • 0 Baths
    • 6,864 sq. ft.
    • Multi-Family
    • MLS# 1584722
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    Property Details

    This 11 unit investment opportunity is in the stable Auburndale neighborhood. It is located less than 1 mile from Iroquois Park in the midst of a strong, desirable commercial corridor. Over the past year, the asset has undergone various upgrades and renovations that include interior renovations, windows, exterior improvements and re-tenanting. The units cater to a strong segment of the rental population seeking well-maintained housing in close proximity to employment centers and walking distance to goods and services. A long-term commercial tenant (hair salon) is located on the first floor.> Desirable South-End location minutes from Iroquois Park> 11 total units that includes 1 commercial tenant> Most units contain updated flooring, kitchens & baths

    • General Features
      • Area 05-Auburndale/Fairdale/IroquoisPrk/Shively
      • County Jefferson
      • Property Sub Type Apartment
      • Term Lease 0
      • Year Built 1947
    • Building Features
      • Age 0.00
      • Above Grade Finished 6864.00
      • Above Grade Unfinished 0.00
      • Below Grade Unfinished 0.00
      • Below Grade Finished 0.00
      • Covered Parking No
      • Energy Central Air
      • Construction Brick
      • Subdivision NONE
      • SqFt Total Finished 6,864
      • Sqft Total Unfinished 0.00
      • Roof Shingle
      • No. of Water Heaters 0.0000
      • Total Units 11.0000
    • Room Features
      • Exterior Balcony
    • Property Features
      • No. of Parking Spaces 11.0
      • Lot 0
      • Utilities City Sewer

    Neighborhood

    40214 (Louisville) Demographics

    37 Median Age
    2,993 Population Density (per sq. mile)
    23% College Educated
    $40,071 Estimated Median Income
    9,263 Estimated Total Home Owners
    8,726 Estimated Total Renters
    51% / 49% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    44,480 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $181,000 Median Sales Price
    52 Homes Sold
    75 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $480,000 11.63%
        7/20/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $430,000 -2.27%
        5/15/2021 7:37:58 PM Status Changed Source: Multiple Listing Service New Value: Pending
        5/11/2021 8:52:56 AM Price Reduced Source: Multiple Listing Service New Value: $440,000
        Copyright Metro Search, Inc. All rights reserved. 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 IDX Brokerage firms other than Wakefield Reutlinger Realtors 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. This 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. 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. Information deemed reliable but is not guaranteed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.