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$85,000

Listing Price

2beds

2baths

891sqft

118,837sqft lot

12 College Ct, Louisville, KY 40203

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Condo / Townhome

Home type

89.79

Price / sqft

1988

Year built

Home Details

Investor special in Louisville, KY! This 2 bedroom, 1 bathroom condo is already tenant-occupied at $1,200/month, providing instant cash flow from day one. At just $85,000, this property easily beats the 1% rule and offers an affordable entry point into real estate investing or a solid addition to any portfolio.nnThe condo features a functional floor plan with two spacious bedrooms, a bright living area, and convenient access to major employers. With reliable rental income already in place, this is a true turnkey opportunity in a strong Louisville rental market.nnWhether youre a first-time investor or looking to expand your holdings, this deal wont last long. Schedule your showing today and secure cash flow you can count on.

Interior Details

Square Feet
  • 891

Bedrooms
  • 2

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    None

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Covered

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 118837

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Condo/apartment

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$268

$0

$32,250

--%

$32,250

2019

$268

$0

$20,000

--%

$20,000

2018

$264

$0

$20,000

--%

$20,000

0

$0

$0

$18,710

--%

$18,710

0

$0

$0

$18,710

--%

$18,710

0

$0

$0

$18,710

--%

$18,710

0

$0

$0

$18,710

--%

$18,710

2012

$0

$0

$30,560

--%

$30,560

percent-home-icon

Average Home Price in 40203

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$45,108

-- Beds

1 Baths

891 Sqft

891 Lot (sqft)

Sold 10/06/2026

$165,000

3 Beds

1.5 Baths

827 Sqft

827 Lot (sqft)

Sold 09/29/2026

$85,000

2 Beds

2 Baths

891 Sqft

118,837 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
85,000
$
Down payment
17,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
510
$
HOA (Monthly)
0
$
PMI
0
$
$550
Your Payment
Total Monthly Payment:$550
Percent of Income:9%
Affordable:Yes

Details for 12 COLLEGE CT

Property Debt

Foreclosure Contact Details