1241 Cherokee Rd
Beautifully renovated six-unit multifamily property in Louisville's historic Cherokee Triangle neighborhood, offered at $1,670,000. The landmark 1905 mansion features spacious units with large rooms and high ceilings, complemented by a carriage house and oversized two-and-a-half-car garage. Fully occupied by long-term tenants, the asset delivers stable income with value-add upside in one of the area's most sought-after residential enclaves.
Built in 1905 and fully renovated in 2025, the three-story main building contains 5,704 SF across six units, with an additional carriage house on the 0.2-acre R5B-zoned parcel. The property sits on Cherokee Road in the heart of Cherokee Triangle, a historic neighborhood known for its architectural character and strong residential demand. Long-term tenant occupancy at 100% provides immediate cash flow and a stable foundation for ownership.
- Six-unit multifamily in historic Cherokee Triangle neighborhood
- Fully renovated in 2025 with high ceilings and spacious rooms
- 100% occupied by long-term tenants
- Carriage house and oversized two-and-a-half-car garage
- Three-story mansion on 0.2 acres with strong neighborhood appeal
More property details
Location
This beautifully renovated six-unit multifamily property is located in the highly desirable historic neighborhood of Cherokee Triangle. The landmark mansion features spacious units with large rooms, high ceilings, and additional family living quarters, along with a carriage house and an oversized two-and-a-half-car garage. Fully occupied by long-term tenants, the property provides stable, income-producing potential. With its prime location, historic charm, and updated interiors, this is an exceptional investment opportunity in one of the area's most sought-after neighborhoods.