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1646 Beechwood Ave, Louisville, KY, 40204

16beds
4baths
6,909sqft
$1,100,000
$159price/sqft
$7,684/moest. monthly cost
$307,360/yrincome needed

About This Home

TURNKEY HIGHLANDS MULTI-FAMILY: With high income. This premier Highlands investment property features eight well-appointed units. The Configuration: (4) 3BR units and 4 - 1BR/studios. Low Overhead: Separately metered for gas/electric. Recent updates include Roof & HVAC (2018), Windows, Water Heater, & Asphalt Parking Lot (2020). Unbeatable Location: Directly behind Mid City Mall and potentially the Highlands' biggest redevelopment project in generations. High-demand rental market in close proximity to Bellarmine, UofL, and Downtown. This is a highly stable asset in one of Louisville's strongest rental sub-markets. 1642 R Beechwood, a 7 Plex, is also available making for a great assemblage opportunity in a key location.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

8/10
Bloom Elementary SchoolGrades K-50.1 mi
5/10
Highland Middle SchoolGrades 6-81.1 mi
1/10
Seneca High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 1905

Materials

  • Roof: Pitched,Shingle
  • Construction materials: Synthetic Stucco,Brick,Stone

Type & Style

  • Home type: Apartment
  • Architectural style: Traditional
  • Property subType: Apartment

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 6,909

Heating & Cooling

  • Heating features: Natural Gas,Heat Pump
  • Cooling features: Heat Pump,Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 6,909
  • Total interior livable area: 6,909 sqft

Property

Details

  • Parcel number: 10075B00070000
  • Attached to another structure: Yes

Features

  • Exterior features: Balcony

Lot

  • Lot size: 6,969 sqft
  • Features: Sidewalk
  • Lot size dimensions: 50 x 137

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Heat Wave
Tornado

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$798$9,576
Property Taxes $779$9,348
Electricity $545$6,547
Total$7,684$92,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$263,451/yr
40% on housing$230,520/yr
45% on housing$204,906/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$159This listing

vs Other Active Listings

Avg $/sqft

ZIP 40204$166
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40204$214
Jefferson County$160

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-27Listed for sale$1,100,000
2021-01-20Sold$985,000
2020-10-16Pending sale$999,000
2020-10-16Listing removed$999,000
2020-10-02Listed for sale$999,000

For Sale by Agent

AgentWilliam M Friel
BrokerageWeichert Realtors - ABG

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