See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3617 Herman St, Louisville, KY, 40212

2beds
1baths
848sqft
$49,900
$59price/sqft
$552/moest. monthly cost
$22,080/yrincome needed

About This Home

Investor alert—opportunity is knocking in Louisville's growing 40211 corridor. Whether your strategy is fix-and-flip, buy-and-hold, or adding a cash-flowing rental to your portfolio, this is a chance to capitalize on one of Louisville's most affordable entry points with strong upside. The 40211 market continues to attract attention for its revitalization potential, accessible price points, and steady demand for quality housing—making this an ideal project for investors ready to unlock value. Bring your vision, run your numbers, and turn this investor special into your next smart move.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

5/10
1/10
Waggener High SchoolGrades 9-129.5 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 848

Full Bathroom

  • Level: First

Heating

  • Heating features: Other

Interior Area

  • Total structure area: 848
  • Total interior livable area: 848 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 01008G00510000

Features

  • Stories: 1

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 30 x 148

Parking

  • Parking features: None

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
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
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 $252$3,024
Home Insurance *$91$1,092
Property Taxes $55$660
Electricity $154$1,850
Total$552$6,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$18,925/yr
40% on housing$16,560/yr
45% on housing$14,720/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

$59This listing

vs Other Active Listings

Avg $/sqft

ZIP 40212$62
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40212$66
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
2026-05-04Listed for sale$49,900

For Sale by Agent

AgentGeorge Green
BrokerageGreen Team Real Estate Services

Similar Homes