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Sold for $420,000
  • $420,000

    1035 Baxter Ave, Louisville, KY 40204

    5beds
    4baths
    3,403sqft
    Quadruplex
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $123/sqft
    $3,137 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,137/mo

    Zestimate® history
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    What's special

    Prime quadruplex in the heart of Louisville's Highlands/Cherokee Triangle — one of the city's most resilient and high-demand rental corridors. This 4-unit brick multifamily at 1035 Baxter Avenue is 100% tenant-occupied, delivering immediate cash flow from day one with a gross monthly income of $3,600. The unit mix includes one 2-bedroom and three 1-bedroom units spread across three levels: one unit on the main level, two on the second floor, and a finished basement unit. Units are separately metered for gas and electric, keeping owner expenses low. Separate washer/dryer connections in the basement add a meaningful tenant amenity that supports retention and market appeal. List of improvements available. Situated minutes from NuLu, Downtown Louisville, and the Bardstown Road entertainment district, this property benefits from consistent rental demand driven by proximity to dining, retail, parks, and nearby amenities. Ideal for investors seeking stable cash flow, a 1031 exchange, or a low-maintenance addition to a growing portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Farabee 502-627-0077,

    The Agency Louisville

    Bought with:

    Brett Kennedy, 203322

    United Real Estate Louisville

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1711899MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Wall/Window Unit(s)
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 2,426
    • Total interior livable area: 3,403 sqft
    • Finished area above ground: 2,426
    • Finished area below ground: 977

    Property

    Features
    • Patio & porch: Deck, Patio, Porch
    • Exterior features: None
    Lot
    • Size: 4,356 Square Feet
    • Features: Sidewalk
    Details
    • Parcel number: 10075C00150000

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Composition,Shingle
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: Highlands
    HOA
    • Has HOA: No
    Location
    • Region: Louisville

    Financial & listing details

    • Price per square foot: $123/sqft
    • Tax assessed value: $347,700
    • Annual tax amount: $4,464
    • Date on market: 3/23/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/1/2026Sold$420,000-1.2%$123/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1711899 Report a problem
    5/26/2026Pending sale$425,000$125/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1711899 Report a problem
    4/25/2026Contingent$425,000$125/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1711899 Report a problem
    3/23/2026Listed for sale$425,000+183.5%$125/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1711899 Report a problem
    5/2/2012Sold$149,900-16.7%$44/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1322825 Report a problem
    3/30/2012Price change$179,900-10%$53/sqft
    Source: Weichert Realtors #1322825 Report a problem
    3/11/2012Price change$199,900-4.8%$59/sqft
    Source: Weichert Realtors #1322825 Report a problem
    1/28/2012Listed for sale$209,900$62/sqft
    Source: Weichert Realtors #1322825 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,464 +67.6%$347,700 +75.1%
    2023$2,664 -1.3%$198,530
    2022$2,700 -5.8%$198,530
    2021$2,866 +18.3%$198,530 +12.5%
    2020$2,424 $176,400
    2019$2,424 +3.8%$176,400
    2018$2,336 $176,400
    2017$2,336 +55.8%$176,400 +17.7%
    2013$1,499 -2.8%$149,900 -2.8%
    2011$1,542 $154,180
    2010$1,542 $154,180
    2009$1,542 $154,180
    2007-- $154,180
    2006-- $154,180
    2005-- $154,180
    2004-- $154,180
    Find assessor info on the county website

    Neighborhood: Tyler Park

    Nearby schools

    GreatSchools rating
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