2020 Midland Ave Louisville, KY 40204
Historic 14-unit apartment building in Louisville's Cherokee Triangle.
Type:Multifamily
- Added:
- Apr 7, 2026
- Days on Market:
- 13
- Last Refresh:
- Apr 7 at 8:04 pm
Property Features for 2020 Midland Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Reed Weinberg (502) 466-6407
Listing office Louisville (502) 466-6407
Listing date Apr 7, 2026
Source Colliers
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Overview
Cherokee Triangle 14-Unit Apartment Building
Located in the historic Cherokee Triangle, this property features 14 units, each with one bedroom and one bathroom. Purpose-built as apartments, a relatively uncommon feature in this submarket, the property is positioned steps from walkable corridors, providing convenient access to shopping, dining, and services. The property has been under consistent professional management for decades. Units are equipped with forced air heating and central air. Tenants are responsible for gas and electric, contributing to controlled operating expenses. A water and trash recapture program further enhances savings. While the current unit conditions meet market demand, there is an opportunity for a new owner to implement upgrades and drive further rent growth. The property has been well maintained with no significant deferred maintenance, and a full electrical panel upgrade was completed in 2023. The property offers stable cash flow and long-term appreciation.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7120897
- Latitude
- 38.2343078
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Historic 14-unit apartment building in Louisville's Cherokee Triangle.
Where is this apartment building located?
The property is located at 2020 Midland Ave Louisville, KY.
What is the asking price?
The asking price for this property is $1,810,000.
What are key features of this property?
This property features: Rare, purpose‑built 14‑unit apartment building in the desirable Cherokee Triangle.; Prime location: Steps from Louisville's most walkable corridors with convenient access to shopping, dining, and services.; Opportunity to increase rents through unit upgrades, as current rents are below sub‑market averages.
