Located in the highly desirable Cherokee Triangle neighborhood of The Highlands, this triplex offers a rare opportunity to own an income-producing property surrounded by the historic homes and tree-lined streets of Cherokee Road. The property consists of three units: Unit 1 features 2 bedrooms and 1 bathroom, Unit 2 offers 1 bedroom and 1 bathroom, and Unit 3 includes 2 bedrooms and 1.5 bathrooms. All three tenants are long-term, month-to-month residents with rents currently below market, providing a value-add opportunity for investors seeking to increase revenue over time. Utilities are landlord-friendly, with LG&E individually metered and water expenses billed back to the tenants. Perfect for an individual to live in one unit and rent out the other two.
For sale
Price cut: $48K (8/6)
$650,000
1079 Cherokee Rd, Louisville, KY 40204
5beds
4baths
2,804sqft
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$232/sqft
$-- HOA
What's special
- 90 days
- 309
- 10
Zillow last checked:
Listing updated:
Listed by:
Joe Grisanti 502-644-0264,
GRISANTI GROUP COMMERCIAL REAL ESTATE
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1720146
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Features
- Has basement: Yes
Interior area
- Total structure area: 2,804
- Total interior livable area: 2,804 sqft
- Finished area above ground: 2,804
- Finished area below ground: 0
Property
Features
- Patio & porch: Deck
- Exterior features: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 38 x 179
Details
- Parcel number: 10075C00900000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Henning & Speeds
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $232/sqft
- Date on market: 6/11/2026
- Tenant pays: Electricity, Gas, Sewer, Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,512/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $650,000-6.9%$232/sqft |
Source:  Metro Search Inc. LLC DBA Apex MLS #1720146 Report a problem | ||
| 6/11/2026 | Listed for sale | $698,000$249/sqft |
Source: Metro Search Inc. LLC DBA Apex MLS #1720146 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Cherokee Triangle
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