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318 Inverness Avenue Louisville, KY $ 117,000
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318 Inverness Avenue
$ 117,000
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318 Inverness Avenue

Louisville, KY, 40214
$ 117,000
Bedrooms1 Baths1.0 Sq 784

Monthly Estimate*

$ 739

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Single Family Home for sale in Louisville, KY

for $117,000 with 1 bedroom and 1 full bath. This 784 square foot home was built in 1937 on a lot size of 0.13.

Investor opportunity! This unique property includes **two parcels for the price of one** at 316 & 318 Verness Ave. The home has been utilized as a rental, generating **$1,200 per month** in rental income. The adjoining vacant lot offers additional potential for building another home (buyer to verify zoning, permits, and all development requirements). Whether you're looking to expand your investment portfolio, generate rental income, or own a home with extra land and future possibilities, this property deserves a look. Conveniently located near shopping, restaurants, expressways, and interstate access, making commuting and daily errands a breeze.

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Single Family Active

Price

$ 117,000

Bedrooms

1

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Contemporary,Ranch

Lot Size

0.13

Year Built

1937

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

26016761
Features
Interior
Interior Amenities Ceiling Fan(s) Primary Downstairs
Basement Crawl Space
Flooring Carpet Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds Insulated Windows
Fireplace Y/N N
Above Grade Finished Area 784.0
Half Baths 0
Laundry Features Main Level Washer Hookup
Total Bedrooms 1
Below Grade Finished Area 0.0
Total Baths 1
Heating-Heat Pump True
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General
Sewer Public Sewer
Heating Heat Pump
Cooling Ceiling Fan(s)
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Composition
Appliances Gas Range
Architectural Style Contemporary Ranch
Construction Materials Wood Siding
Year Built 1937
Levels One
Property Subtype Single Family Residence
Parcel Number 12061L00830000
County Jefferson
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name East Iroquois
Garage Y/N N
Other Structures Shed(s)
Total Rooms 2
Full Baths 1
Status Active
Directions Follow S 3rd St to Inverness Ave. Turn left onto S 3rd St. Turn right onto Inverness Ave. The destination will be on the left
High School Iroquois
City Louisville
High School District Jefferson County - 52
MLS Area 052 - Jefferson County
Lot Size Units Acres
Lot Size Square Feet 5593.0
Carport Y/N N
Elementary School Rutherford
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Olmstead Academy S
MLS Area Minor 052 - Jefferson County
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
Senior Community None
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Exterior
Fencing Partial Wood
Parking Features Driveway
Lot Features Few Trees
Water Source Public
Lot Size Area 0.13
Foundation Details Block
Building Area Total 784.0
Lot Size Acres 0.13
Lot Size Source Public Records
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 318
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* Excluded Features
List By
Exp Realty, Llc

Broker

Affordability Calculator

$739
Per Month
100%
0%
0%
Monthly Principal & Interest
$739
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5513045 Elementary School
5503592 Middle School
Iroquois High School High School
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Pricing History
DatePricePrice ChangeDescription
7/8/2026$117,000 Listed Price

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318 Inverness Avenue, Louisville, KY, 40214 is a Single Family Home for sale at $117,000 with 784 sqft and a lot size of 0.13. 318 Inverness Avenue has 1 bedrooms, 1.0 baths, and was built in 1937. The property's zip code is 40214 which is in Louisville, KY

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