2124 Sherwood Ave

Description

Rare opportunity to own a BRICK duplex in one of Louisville's most sought-after neighborhoods! Whether you're looking to house hack, expand your investment portfolio, or renovate and build long-term equity, this vacant property offers exceptional flexibility and value in the heart of the 40205 ZIP code. Each unit features two bedrooms, one full bath, hardwood floors, generous closet space, and classic character, offering a combined 2,744 square feet above grade. A shared 1,372-square-foot unfinished basement provides laundry facilities, abundant storage, and a large lockable storage closet. Outside, you'll find a level backyard and a detached two-car garage (currently in need of repair), along with both garage and street parking. Major improvements have already been completed, including a roof replacement and soffit repairs within the past three years. One unit also features an updated gas forced-air furnace. The property is competitively priced to reflect the repairs and cosmetic updates needed, creating an outstanding opportunity for buyers to add value and build equity. At approximately $122 per square foot, this property represents a compelling value in the 40205 market, where duplex sales over the past two years have averaged approximately $441,000 and $187 per square foot. The location is hard to beat. Enjoy immediate access to Cherokee Park with its scenic walking and running loops, mountain biking trails, picnic areas, playgrounds, open green space, horseback riding trails, and the popular Big Rock area. You're also just minutes from Seneca Park, offering an 18-hole golf course, tennis courts, basketball courts, soccer and baseball fields, walking paths, playgrounds, and expansive green space. To top it off, you'll be just moments from the renowned restaurants, coffee shops, breweries, boutiques, entertainment, and nightlife along Bardstown Road. Vacant and ready for its next owner, this is an outstanding opportunity to renovate, establish market rents, or live in one unit while the other helps offset your mortgage. Properties offering this combination of location, size, flexibility, and upside in 40205 are increasingly difficult to find. This price does indeed reflect the need for cosmetic updates and fully disclosed structural repairs.