new - 7 days on rocket

339 N 42nd St, Louisville, KY, 40212

$240,000

Home List Price

$2,850*

Closing Credit

0 Baths
3,284 SqFt
$73/SqFt
Multi
Schools Nearby

Location

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339 N 42nd St, Louisville$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1937
HeatingForced Air
MLS #1661417
Lot Size0.09 Acres
StatusActive

About 339 N 42nd St

Incredible investment opportunity! Snag this bundle of three side-by-side properties, fully occupied and bringing a total rental income of $2,600+ per month. These properties are a fantastic addition to any portfolio. Surpassing the 1% rental income threshold. Two of the properties feature brand-new roofs replaced this month, and one has been recently renovated, offering modern updates and finishes. Two of the units are well below market rent with much upside opportunity for cash flow and appreciation. Great opportunity to pick up steady and consistent day one stabilized cash flow and let the rent pay for any additional improvements.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1937
  • Living Area: 3,284 SqFt

Listing Office:

  • Office Name: Keller Williams Louisville East

Exterior Features

Exterior Information:

  • Exterior: None

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Brown School, Public District Grades KG-12
  • Pleasure Ridge Park High School, Public Magnet Grades 9-12
  • Western Middle School, Public District Grades 6-8
  • Westport Middle School, Public District Grades PK-8
  • Atkinson Academy, Public District Grades PK-5
  • Lincoln Elementary Performing Arts, Public District Grades KG-5

Other

Directions Information:

  • Directions: I-64 to N 38th St. Take exit 1 from I-264 E Take Northwestern Pkwy to N 42nd St

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $73/SqFt

Tax Information:

  • Annual Amount: $418
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Louisville, KY.

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Louisville, KY

City

Med. Sold Price

$245.9K

Med. Price/SqFt

$179

Avg. Days On Market

18

# of Sold Homes

754

339 N 42nd St vs Louisville

7 DAYS ON ROCKET

-11 Days

$240,000

-$5.9K Less

$73/SqFt

-$107 Less

KEY TAKEAWAY

This property is $5.9K less than the Median Sold Price and $107/SqFt less than other homes in Louisville, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Metro Search (Greater Louisville Association of REALTORS®)
  • MLS Number: #1661417

Listing Office:

  • Office Name: Keller Williams Louisville East

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 10:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$418$30,420
2019$408$30,420
2018$404$31,030
2017$404$31,030

History based on county public records data.

Payment Calculator

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4000726
2
/10

  • Atkinson Academy

  • 2811 Duncan St

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-4000727
4
/10

  • Lincoln Elementary Performing Arts

  • 930 E Main St

  • 4.53 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4000728
3
/10

  • Western Middle School

  • 2201 W Main St

  • 1.65 miles

  • Public District Grades 6-8

school-card-donut-4000729
1
/10

  • Westport Middle School

  • 8100 Westport Rd

  • 11.70 miles

  • Public District Grades PK-8

High School

school-card-donut-4000730
10
/10

  • Brown School

  • 546 S 1st St

  • 3.63 miles

  • Public District Grades KG-12

school-card-donut-4000731
2
/10

  • Pleasure Ridge Park High School

  • 5901 Greenwood Rd

  • 8.85 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,054. Most Louisville, KY residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Kentucky›Jefferson County›Louisville›40212›339 N 42nd St

This home is located at 339 N 42nd St in Louisville, KY and zip code 40212 in the Shawnee neighborhood. This 3,284 square foot home, which was built in 1937, sits on a 0.09 acre lot. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $240,000.

Louisville, KY housing market in April 2024 saw over 237 listings sold above listed price, more than 199 sold at listed price and over 318 sold below. In April 2024 in Louisville, KY there were 3.6% more homes for sale than in March 2024. While the average time on the market in April 2024 was 18 days, the median list price was $245,988.

From Rocket Homes Real Estate and based on county public records data.

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