12 College Ct
Louisville, KY 40203
2
Bed
2
Bath
891Sqft
Investor special in Louisville, KY! This 2 bedroom, 1 bathroom condo is now vacant and ready for your next move—whether that's placing your own tenant, house hacking, or moving in yourself. Previously rented at $1,200/month, this property offers strong cash flow potential and easily crushes the 1% rule at just $75,000, making it an ideal entry point for new investors or a high-yield addition to an existing portfolio. The condo features a functional layout with two spacious bedrooms, a bright living area, and convenient access to major employers—supporting consistent rental demand in a strong Louisville market. With the tenant just moved out, you have the flexibility to: set new market rents, screen your own tenant, and make light improvements for increased returns.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Rooms Total: 6 Basement: None, Crawl Space -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1988 Building Area Total: 891 Construction Materials: Brick Veneer Stories: 2 Patio And Porch Features: Porch Private Pool: No
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Property Information
Subdivision: NONE Source Property Type: Residential MLS Area Minor: 00-Central Downtown District/Old Louisville Property SubType: Townhouse Property Age: 38
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Listing Price Information
Listing Price: $75000 Original Price: $85000
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Tax Information
Parcel Number: 029P00C90000 Tax Lot: 00C9 Tax Block: 029P
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Parking Information
On StreetHomeowners Association InformationHas Association: Yes
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Utility Information
Natural Gas Available, Electricity Connected -
Location Information
Direction: I-65 to exit 135 toward St Catherine West. Turn right onto W St Catherine St toward South 1st Street/West St Catherine. Turn right onto S 7th St (KY-1931 N) to property. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 711 E Ormsby Ave, Louisville, KY, 40203 | $329,000 | 3 | 3 | 1,750 | 1,750 SqFt |
| 605 E Kentucky St, Louisville, KY, 40203 | $333,000 | 3 | 3 | 1,708 | 1,708 SqFt |
| 1818 Baird St, Louisville, KY, 40203 | $28,000 | 2 | 1 | 759 | 759 SqFt |
Similar Townhouse To 12 College Ct
Nearby For Sale
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ByOwner last updated this listing 08/09/2026 @ 17:08
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