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$72,500
For sale

12 College CtLouisville, KY 40203

2 beds1 bath891 sq ft1988 built

Townhouse · 4 days on market · MLS# 1733233

About this home

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 $72,500, 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.

Home details

Property type
Townhouse
Status
For sale
MLS #
1733233
Price per sq ft
$81
Days on market
4
Year built
1988
Living area
891 sq ft
Bathrooms
1
Stories
1
Parking
On Street
Basement
None
Heating
Natural Gas
Cooling
Central Air
Construction
Brick Veneer
Roof
Shingle
Subdivision
NONE
MLS area
00-Central Downtown District/Old Louisville
County
Jefferson
HOA
$246
Rooms
6
Foundation
Crawl Space
Water
Public
Sewer
Public Sewer
School district
Jefferson

Features

Patio & porch

  • Porch

Fencing

  • None

Utilities

  • Electricity Connected
  • Fuel:Natural

Estimated monthly payment

Principal & interest: — / month

Estimate only. Excludes taxes, insurance, HOA dues and PMI. Rates change daily; use your actual quote. Ryan can connect you with local lenders if you want a real number.

Location

Listing courtesy of Real Broker, LLC, Denise Wisdom. MLS# 1733233. Data provided by Greater Louisville Association of REALTORS® (APEX MLS). As of Nov 2, 2026.

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Listing information is provided courtesy of the Greater Louisville Association of REALTORS® (APEX MLS) via Internet Data Exchange (IDX) and is updated throughout the day. Not every MLS listing is available through IDX. All information is deemed reliable but not guaranteed and should be independently verified. Listings include the name of the listing brokerage. This data 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.

Listing information last updated Nov 2, 2026.