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Sold for $1,250,000
  • $1,250,000

    1906 Dorothy Ave, Louisville, KY 40205

    --beds
    --baths
    7,806sqft
    Apartment
    Built in 1927
    -- sqft lot
    $-- Zestimate®
    $160/sqft
    $2,038 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,038/mo

    Zestimate® history
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    What's special

    This well maintained eight unit multifamily property is located in an extremely desirable section of The Highlands, steps from Cherokee Park on a quiet corner, and nestled among luxury single family homes - it does not get better. Each unit is quite large, approx. 850 SF, with a bedroom, a potential second bedroom (or sunroom), plus living room, dining room, kitchen and bathroom. There are hardwood floors throughout and charming built in storage, plus detached garage space for each tenant. LG&E is separately metered, with separate HVAC systems. Coin op laundry and additional tenant storage is also available on site. The roof is new from 2018. Rents are below market and there is significant room to increase revenue. This property is an excellent opportunity to invest in a rare, generational asset that will be a gem in any investment portfolio. The current tenants are mostly long term and pay well under-market rents. There is opportunity to increase revenue significantly.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenny Johnston 502-645-1729,

    PRG Commercial Property Advisors

    Bought with:

    Ashley Brown, 214651

    Homepage Realty

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1667280MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 7,806
    • Total interior livable area: 7,806 sqft
    • Finished area above ground: 7,806
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 8
    Features
    • Patio & porch: Deck
    Details
    • Parcel number: 0

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Traditional
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Shingle
    Condition
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Louisville

    Financial & listing details

    • Price per square foot: $160/sqft
    • Date on market: 8/3/2024

    Price history

    DateEventPrice
    8/5/2026Listing removed$1,350
    Source: Zillow Rentals Report a problem
    7/24/2026Listed for rent$1,350+17.4%
    Source: Zillow Rentals Report a problem
    6/8/2026Listing removed$1,150
    Source: Zillow Rentals Report a problem
    6/4/2026Listed for rent$1,150
    Source: Zillow Rentals Report a problem
    5/28/2026Listing removed$1,150
    Source: Zillow Rentals Report a problem
    5/21/2026Price change$1,150-14.8%
    Source: Zillow Rentals Report a problem
    3/30/2026Listed for rent$1,350
    Source: Zillow Rentals Report a problem
    9/4/2025Listing removed$1,350
    Source: Zillow Rentals Report a problem
    8/31/2025Listed for rent$1,350
    Source: Zillow Rentals Report a problem
    8/23/2025Listing removed$1,350
    Source: Zillow Rentals Report a problem
    8/9/2025Price change$1,350-6.9%
    Source: Zillow Rentals Report a problem
    7/21/2025Price change$1,450-6.5%
    Source: Zillow Rentals Report a problem
    6/25/2025Price change$1,550-20.5%
    Source: Zillow Rentals Report a problem
    6/17/2025Listed for rent$1,950
    Source: Zillow Rentals Report a problem
    1/6/2025Sold$1,250,000-6.4%$160/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1667280 Report a problem
    11/24/2024Pending sale$1,336,000$171/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1667280 Report a problem
    9/18/2024Price change$1,336,000-10.7%$171/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1667280 Report a problem
    8/3/2024Listed for sale$1,496,000$192/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1667280 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Highlands Douglas

    Nearby schools

    GreatSchools rating
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