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1632 Algonquin Pkwy, Louisville, KY, 40210

2beds
2baths
819sqft
$99,500
$121price/sqft
$873/moest. monthly cost
$34,920/yrincome needed

About This Home

PLEASE DO NOT APPROACH PROPERTY! Excellent investment opportunity with immediate cash flow! This well-maintained property is currently tenant-occupied, providing a steady income stream from day one. Tenant currently pays $1100 per month. Lease is up 12-31-2026. Recent updates include new fridge (2025), basement waterproof (2024), replace furnace and A-coil (2025), new roof, siding, metal, and gutters. (2022) Can be purchased as a package deal with other investment properties for sale. Contact agent for details.

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1946

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Property

Lot

  • Lot size: 6,534 sqft

Parking

  • Parking features: Driveway
  • 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

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

How This Home’s Risks Compare

Tornado
Earthquake
Heat Wave
Inland Flooding

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 $503$6,036
Home Insurance *$146$1,752
Property Taxes $70$840
Electricity $154$1,850
Total$873$10,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,931/yr
40% on housing$26,190/yr
45% on housing$23,280/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

$121This listing

vs Other Active Listings

Avg $/sqft

ZIP 40210$58
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40210$104
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

No price history available

For Sale by Agent

AgentKeisha Ayers
BrokerageThe Collective Realty Co.

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