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$925,000
$1,000,000 7.5%
Est. payment /mo
8,550 SqFt
Sold on 10/01/2026
1224 Cherokee Rd Louisville, KY 40204
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Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,550 sqft
Price per Sqft $108
MLS Listing ID 1718600
Sold Date 10/01/26
Style Traditional
HOA Y/N No
Abv Grd Liv Area 8,550
Year Built 1960
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 8550
Property Description
PRIME REAL ESTATE ALERT: Six massive, built-as units on Cherokee Road in the coveted Cherokee Triangle! The Appleton Apartments offer an incredibly rare, generational acquisition opportunity in one of the city's highest-appreciating sub-markets.Value-Add Potential: Four vacant on-site garages ready to rent for instant upside.Premium Layouts: Huge 2BR/1BA and 3BR/1BA units packed with historic charm. Low Owner Expenses: Separately metered for LG&E.Tenant Amenities: Rear egress to a shared back yard, plus select in-unit laundry hookups. Turnkey potential for institutional portfolios or private wealth builders. Act fast—this sub-market rarely opens up!
Location
State KY
County Jefferson
Direction Bardstown Road or Grinstead Road to Street
Interior
Heating Forced Air
Cooling Central Air
Exterior
Exterior Feature None
Garage Spaces 4.0
View Y/N No
Roof Type Shingle
Porch Deck
Garage Yes
Building
Lot Description Sidewalk
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Wood Frame,Brick Veneer
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Listed by Weichert Realtors - ABG
NEARBY SCHOOL & BUSINESS
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