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1271 Cherokee Rd

Louisville, KY 40204
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Bed 8

Bed

Bath 10

Bath

SqFt6,285

Sqft

SqFt10,393

Sqft(Lot)

Exceptional investment opportunity in the heart of Louisville's highly sought-after Cherokee Triangle. Located at 1271 Cherokee Road, this charming 7-unit multifamily property offers the rare combination of immediate cash flow, value-add potential, and an irreplaceable location surrounded by some of the city's most distinguished historic homes and tree-lined streets. The property consists of five residential units within the stately main residence and two additional units located in the separate carriage house, which benefits from both front street access and rear alley access. Open on-site parking provides added convenience for residents and guests alike. Rich in architectural character and old-world craftsmanship, the buildings showcase the timeless appeal that makes Cherokee Triangle one of Louisville's most desirable neighborhoods. Residents enjoy exceptional walk-ability to local restaurants, coffee shops, Cherokee Park, and neighborhood amenities, supporting strong rental demand and long-term investment stability. Many of the units have been thoughtfully updated to blend historic charm with modern conveniences, featuring appointed kitchens, in-unit laundry, multiple bathrooms, spacious living areas, and attractive finishes. Two units are currently vacant and have recently undergone improvements including fresh paint, new bedroom carpeting, and professional cleaning, positioning them for immediate lease-up and enhanced income potential. Both will be listed soon and are sure to become occupied quickly. Whether you're a seasoned investor seeking a quality asset in a premier rental market, an owner-occupant looking to offset expenses while living on-site, or a buyer searching for a property with future upside or single family conversion potential, this offering delivers flexibility and opportunity. The combination of strong location fundamentals, existing income, rental growth potential, and the enduring appeal of Cherokee Triangle creates a compelling investment rarely available in today's market. From the grand architecture, original leaded and stained-glass windows, and carriage house configuration to the opportunity for increased rents and continued modernization, 1271 Cherokee Road represents a unique chance to own a landmark multifamily asset in one of Louisville's most established and prestigious neighborhoods. Properties with this level of character, scale, income potential, and long-term upside are increasingly difficult to find so don't wait - schedule a tour today!

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,490,000

AD Id : 86137207

MLS Id : 1721382

Beds : 8

Lot Size : 10,393 Sqft

Living Area Size : 6,285

Year Built : 1890

County : Jefferson

Subdivision: Cherokee Triangle

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 10

    Room Information

    Has Basement: Yes
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1890 Building Area Total: 6285 Construction Materials: Stone, Frame Patio And Porch Features: Porch Private Pool: No
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Dimensions: 58X180 Main Square Feet: 10393 Square Feet Lot Size Acres: 0.24 Lot Size Square Feet: 10393

    Property Information

    Subdivision: CHEROKEE TRIANGLE Source Property Type: Residential Income MLS Area Minor: 02-Butchertwn/Hghlnds/Germantwn Property SubType: Apartment Property Age: 136

  • Listing Price Information

    Listing Price: $1490000

  • Tax Information

    Parcel Number: 075E00840000 Tax Lot: 0084 Tax Block: 075E

  • Parking Information

    Parking Total: 7

  • Utility Information

    Natural Gas Available, Electricity Connected
  • Location Information

    Direction: Between Longest Ave and Patterson Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2189 Baringer Ave, Louisville, KY, 40204 $1,495,000 -- -- 8,464 8,464 SqFt
2005 Eastern Pkwy, Louisville, KY, 40204 $575,000 4 2 3,320 3,320 SqFt
2105 Edgeland Ave, Louisville, KY, 40204 $529,000 4 2 2,802 2,802 SqFt
1801 Eastern Pkwy, Louisville, KY, 40204 $419,500 2 2 2,687 2,687 SqFt
1619 Edgeland Ave, Louisville, KY, 40204 $447,500 3 2 1,835 1,835 SqFt
1363 Tyler Park Dr, Louisville, KY, 40204 $549,000 4 4 2,413 2,413 SqFt
1224 Cherokee Rd, Louisville, KY, 40204 $1,000,000 -- -- 8,550 8,550 SqFt
1129 Everett Ave, Louisville, KY, 40204 $685,000 3 4 2,663 2,663 SqFt
2212 Grinstead Dr, Louisville, KY, 40204 $325,000 3 2 1,436 1,436 SqFt
1646 Beechwood Ave, Louisville, KY, 40204 $1,100,000 16 4 6,909 6,909 SqFt

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ByOwner last updated this listing 06/25/2026 @ 14:17

MLS: 1721382 LISTED BY: Amanda Helfrich, Homepage Realty 502-690-6685 SOURCE: Greater Louisville Association of REALTORS

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