1724 W Ormsby Ave

Historic Old Louisville Investment Opportunity

Property Details

Purchase Price:$85,000
Bedrooms:3
Bathrooms:1.5
Square Feet:1,200
Year Built:1925
Lot Size:0.15 acres
Neighborhood:Old Louisville

Investment Analysis

After Repair Value (ARV)$140,000
Estimated Repair Costs$25,000
Total Investment$110,000
Potential ROI22.7%

Neighborhood Analysis - Old Louisville

Market Trends

Historic district experiencing steady appreciation. Victorian architecture attracts premium renters and buyers.

Rental Demand

High demand from university students, young professionals, and historic architecture enthusiasts.

Investment Outlook

Stable market with strong fundamentals. Properties retain value and appreciate consistently.