12 College CtLouisville, KY 40203
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.





