12 College Ct | MLS #1699760 | RE/MAX of Indiana

Listing provided courtesy of Real Broker, LLCMLS# 1699760

Investor special in Louisville, KY! This 2 bedroom, 1 bathroom condo is now vacant and ready for your next move—whether that's placing your own tenant, house hacking, or moving in yourself. Previously rented at $1,200/month, this property offers strong cash flow potential and easily meets the 1% rule at just $85,000, making it an ideal entry point for new investors or a high-yield addition to an existing portfolio. The condo features a functional layout with two spacious bedrooms, a bright living area, and convenient access to major employers—supporting consistent rental demand in a strong Louisville market. With the tenant just moved out, you have the flexibility to: set new market rents, screen your own tenant, and make light improvements for increased returns.

Source: Louisville MLS, MLS#: 1699760

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Property Type

Residential

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Owning this Home

Estimated Monthly Cost

Price

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Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 12 College Ct

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value
5/29/2026Source: Louisville MLS	Price Reduction	$80,000 -5.9%
3/31/2026Source: Louisville MLS	Price Increase	$85,000 13.3%
3/16/2026Source: Louisville MLS	Status Change	Rented
3/9/2026Source: Louisville MLS	Added to Database	March 09, 2026
12/5/2025Source: Louisville MLS	Price Reduction	$75,000 -6.2%
10/27/2025Source: Louisville MLS	Price Reduction	$80,000 -5.9%
10/2/2025Source: Louisville MLS	Added to Database	October 02, 2025