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197 Coral Ave, Louisville, KY, 40206

3beds
3baths
2,052sqft
$335,000
$163price/sqft
$2,285/moest. monthly cost
$91,400/yrincome needed

About This Home

Check out this updated, easy-to-rent, triplex on a desirable street in Clifton! Unit 3 is currently vacant and newly renovated after having a tenant rent for 4.5 years -- perfect for a house hack/owner occupant if desired. Central air installed on all 3 units in 2025. New furnace for unit 3 in 2025. All 3 new thermostats in 2025. New roof fall 2023. New siding fall 2023. All units separately metered for LG&E. Off street parking in the back. Unit 1 and 3 have washer and dryer hookups.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

5/10
Meyzeek Middle SchoolGrades 6-82.4 mi
1/10
Waggener High SchoolGrades 9-123.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Finished area below ground: 600
  • Finished area above ground: 1,452

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,452
  • Total interior livable area: 2,052 sqft

Property

Details

  • Parcel number: 05069D00680000
  • Attached to another structure: Yes

Features

  • Patio & porch: Porch
  • Exterior features: None

Lot

  • Lot size: 5,227 sqft
  • Features: Sidewalk
  • Lot size dimensions: unknown

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Earthquake
Heat Wave

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 $1,693$20,316
Home Insurance *$193$2,316
Property Taxes $237$2,844
Electricity $162$1,944
Total$2,285$27,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,342/yr
40% on housing$68,550/yr
45% on housing$60,933/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

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 40206$143
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40206$219
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)

Price History

DateEventPrice
2026-06-19Price change$335,000
2026-05-28Price change$350,000
2024-04-12Listed for sale$340,000
2021-06-28Sold$277,500
2021-05-29Pending sale$274,900
2021-05-28Listed for sale$274,900
2018-10-09Sold$170,000

For Sale by Agent

AgentCasey A Perkins
BrokerageReal Estate Go To

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