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347 Kenilworth Rd, Louisville, KY, 40206

1beds
2baths
924sqft
$220,000
$238price/sqft
$1,627/moest. monthly cost
$65,080/yrincome needed

About This Home

Looking for a hassle-free investment with income from day one? This stunning, fully furnished townhouse offers the perfect blend of modern living and smart investing. Currently leased at $1,800 per month with a signed tenant in place for the next year, this property provides instant rental income from the moment you close. No vacancy concerns, no marketing costs, and no tenant search required. This two-story condo has been meticulously maintained in a modern neutral palette, making it an attractive long-term asset. The spacious open-concept floor plan features bamboo laminate flooring, maple cabinetry, stainless steel appliances, and a stylish subway tile backsplash. The upper level boasts a private primary suite with double closets and a tiled bathroom featuring an elevated maple vanity. A convenient new stackable washer and dryer is included. An additional landing area offers flexible space perfect for a home office or work-from-home setup—an increasingly desirable feature for tenants. The main living area opens to a covered patio overlooking a peaceful shared green space, creating a private retreat in the heart of the city. Residents also enjoy gated, covered parking with keypad and remote access for added security and convenience. Location is everything, and this property is just minutes from Downtown, Frankfort Avenue, Butchertown, Bardstown Road, restaurants, shopping, and entertainment. The condo sits in a highly desirable area with strong rental demand. Whether you're adding to your portfolio, purchasing your first investment property, or seeking a turnkey asset with dependable income, this condo is ready to start working for you on day one.

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

4/10
5/10
Meyzeek Middle SchoolGrades 6-82.5 mi
1/10
Waggener High SchoolGrades 9-123.9 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Vinyl Siding,Wood Frame

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: In Unit

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 454
  • Finished area above ground: 470

Great Room

  • Level: Basement

Half Bathroom

  • Level: Basement

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 470
  • Total interior livable area: 924 sqft

Kitchen

  • Level: Basement

Laundry

  • Level: First

Primary Bathroom

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 05094E03470000

Features

  • Stories: 1
  • Patio & porch: Patio,Porch
  • Fencing: Partial,Wood

Lot

  • Lot size: 36.18 Acres
  • Lot size dimensions: 8954 x 176

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

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 $1,112$13,344
Home Insurance *$127$1,524
Property Taxes $234$2,808
Electricity $154$1,850
Total$1,627$19,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,782/yr
40% on housing$48,810/yr
45% on housing$43,386/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

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 40206$144
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
2026-08-07Price change$215,000
2026-07-23Listed for sale$220,000
2026-07-07Listing removed$220,000
2026-06-10Listed for sale$220,000
2026-02-26Listing removed$1,850
2025-10-30Listed for rent$1,850
2021-03-24Listing removed--
2018-07-01Listing removed$1,050
2018-06-22Listed for rent$1,050
2015-02-13Sold$114,000
2014-12-04Price change$114,000
2014-11-19Listed for sale$118,000
2012-04-19Listing removed$900
2012-02-07Listed for rent$900
2012-01-11Listing removed$116,900
2011-11-24Price change$116,900
2011-10-19Listed for sale$121,900
2011-10-13Listing removed$989
2011-08-11Price change$989
2010-11-18Listed for rent$1,100
2010-10-26Listing removed$149,000
2010-10-09Price change$149,000
2010-08-28Listed for sale$150,800

For Sale by Agent

AgentBruce Bell
BrokerageJPAR Aspire

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