Investor opportunity in the heart of Cherokee Triangle! This classic triplex is back on the market—now offered at a lower price after the seller completed a brand-new slate roof. Full of character and potential, this property features three separate units plus a cellar, making it a strong value-add opportunity. The first-floor unit offers 1 bedroom and 1 full bath, the second-floor unit includes 2 bedrooms and 1 full bath, and the third-floor unit features 1 bedroom and 1 full bath. Beautiful original details can be found throughout, including hardwood floors, tall ceilings, and decorative fireplaces. Situated in one of Louisville's most desirable historic neighborhoods, this property also includes a rear parking pad for added convenience. With over 3,000 square feet of living space , there is ample room to restore and maximize income potential. Property does require updates and improvements—photos reflect the potential with renovation. Whether you're looking to renovate and hold, convert to single family or add to your investment portfolio, this is a rare opportunity in a prime location.
The Residential Two-Family District is intended to provide the opportunity for land in the medium Maximum Density residential land development range to be used for single family dwellings, two-family dwellings, semidetached dwellings and carriage houses
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Library
Museum / gallery
Park & open space
Nov 13, 2023 • Final
Hvac residential - new
Install a new furnace and air conditioning unit.
HVAC
May 13, 2022 • Final
Hvac residential - new
Install a new furnace and air conditioning unit.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Louisville, KY • 40204
Average low and high temperatures (°F)
38
23
48
31
66
44
73
54
75
59
86
70
90
74
86
69
84
63
73
53
58
43
47
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
72/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 920 Cherokee Rd
$451,022
$24K under list price of $475K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $358K to $640K.