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

741 S 37th St, Louisville, KY, 40211

1beds
1baths
1,036sqft
$70,000
$68price/sqft
$670/moest. monthly cost
$26,800/yrincome needed

About This Home

Opportunity is knocking! If you've been looking for an affordable property with tremendous upside, this is your chance. Priced to reflect the need for some TLC, this classic Ranch offers the perfect opportunity for investors, renovators, or buyers ready to build equity through improvements. A welcoming wraparound covered front porch provides plenty of space to relax, while the large backyard offers room for gardening, entertaining, or future outdoor enhancements. Inside, you'll find approximately 1,036 square feet of above-grade living space featuring a living room, kitchen, one bedroom, and one full bath. An unfinished basement provides additional storage, and the sellers are currently addressing a water leak in the basement. A bonus is the finished second-floor space, which is not Included in the reported square footage due to non-conforming stair access, offering potential for storage or other flexible uses (buyers to verify intended use). Situated on a 35' x 120' lot with public utilities, this home is conveniently located near downtown Louisville, parks, shopping, restaurants, and major expressways. Whether you're searching for your next investment property, a renovation project, or an affordable home with room to add value, this property offers outstanding potential. Being sold as-is. Don't miss this opportunity to transform this diamond in the rough into something special!

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Vinyl Siding,Other,Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,036

Full Bathroom

  • Level: First

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,036
  • Total interior livable area: 1,036 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Other

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 06043F00490000

Features

  • Stories: 1
  • Patio & porch: Wrap Around,Patio

Lot

  • Lot size: 4,356 sqft
  • Features: Level
  • Lot size dimensions: 35 x 120

Parking

  • Parking features: On Street,Off Street,None
  • Has uncovered spaces: Yes

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
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Cold Wave
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 $353$4,236
Home Insurance *$89$1,068
Property Taxes $74$888
Electricity $154$1,850
Total$670$8,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,971/yr
40% on housing$20,100/yr
45% on housing$17,866/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

$68This listing

vs Other Active Listings

Avg $/sqft

ZIP 40211$73
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40211$89
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
2026-07-30Price change$70,000
2026-07-16Price change$74,900
2026-06-30Listed for sale$78,000
2025-11-03Listing removed$750
2025-10-17Price change$750
2025-10-08Price change$900
2025-09-25Price change$875
2025-08-13Price change$900
2025-08-12Listed for rent$825
2025-02-03Sold$27,000
2024-12-26Pending sale$29,200
2024-12-06Price change$29,200
2024-11-07Price change$30,700
2024-10-09Price change$32,300
2024-09-05Listed for sale$33,920

For Sale by Agent

AgentBob Sokoler
Brokeragesimpler.realestate

Similar Homes