1224 Cherokee Rd,Louisville, KY 40204
Louisville, KY 40204
Description
PRIME REAL ESTATE ALERT: Six massive, built-as units on Cherokee Road in the coveted Cherokee Triangle! The Appleton Apartments offer an incredibly rare, generational acquisition opportunity in one of the city's highest-appreciating sub-markets.Value-Add Potential: Four vacant on-site garages ready to rent for instant upside.Premium Layouts: Huge 2BR/1BA and 3BR/1BA units packed with historic charm. Low Owner Expenses: Separately metered for LG&E.Tenant Amenities: Rear egress to a shared back yard, plus select in-unit laundry hookups. Turnkey potential for institutional portfolios or private wealth builders. Act fastthis sub-market rarely opens up!
Details
| MLS # | 1718600 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1960 |
| Days On Site | 117 |
| Listing Provided By | Weichert Realtors - ABG | William M Friel |
Features
| SQ Feet | 8,550 |
|---|---|
| Garage | 4 |
| Basement | Y |
| Units | 6 |
Area Information
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40204 |
| Area | 02 Butchertwn | Hghlnds | Germantwn |
| Listing VS Median (in 40204) | |
Price: $1,000,000 low | high Med: $325,000 sqft: 8,550 low | high Med: 1,510 $ / sqft: $117 low | high Med: $215 On site: 117 low | high Med: 40 | |
Market Activity 40204
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Learn More About This Property
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40204 |
| Area | 02 Butchertwn | Hghlnds | Germantwn |
| Listing VS Median (in 40204) | |
Price: $1,000,000 low | high Med: $325,000 sqft: 8,550 low | high Med: 1,510 $ / sqft: $117 low | high Med: $215 On site: 117 low | high Med: 40 | |
Nearby Listings (Within 1/4 mile)
Price: $750K - $1.25M
sqft: 6,000 - 10,500
 | $1,290,0001271 Cherokee RdLouisville, KY 40204 |
 | $1,079,9001646 Beechwood AveLouisville, KY 40204 |
Listing Updated: August 18, 2026 at 1:47:09 PM PDT
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© 2026 Coldwell Banker McMahan. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker McMahan fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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