Map of Property

Cherokee Triangle 14 Unit Multifamily

For Sale

2020 Midland Ave, Louisville, KY 40204

This Louisville property for sale is located at 2020 Midland Ave. The current listed sale price for Cherokee Triangle 14 Unit Multifamily is $1,556,000. Cherokee Triangle 14 Unit Multifamily is situated on a lot that is 0.21 square feet in size.

Contacts

Reed Weinberg
Jenny Johnston
Fred Sutterlin

Property Details

  • Property Type Other
  • Lot Size 0.21 SF
  • Date Updated Jun 18, 2026

Located in the historic Cherokee Triangle, this 14-unit property is a rare generational offering. Purpose-built as apartments—an uncommon feature in this submarket—it consists of fourteen 1BR/1BA units with rents well below the sub-market averages. It is just steps from Louisville’s most walkable corridors, with convenient access to shopping, dining, and services.

Held by the same ownership for decades, the property has benefited from consistent professional management. Units feature forced air heating and central air, with tenants responsible for gas and electric, helping to control operating expenses. Additional savings are achieved through a water and trash recapture program. While 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.

Opportunities like this are rare, offering stable cash flow and long-term appreciation driven by strong underlying real estate fundamentals.

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Getting around

  • 90/100

    Walk Score ®

  • 40/100

    Transit Score ®

  • 71/100

    Bike Score ®

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Location

  • City Louisville, KY
  • Zip Code 40204

Points of Interest

  • Speedway

    0.53 miles

  • ChargePoint

    0.71 miles

  • Speedy Mart

    1.66 miles

  • Kroger Fuel Center

    1.73 miles

  • Thornton's Gas & Minimart

    1.78 miles

  • Kroger

    2.28 miles

  • LouLift Electric Bus Charger

    2.53 miles

  • Shell

    2.54 miles

  • Marathon

    2.56 miles

  • Tesla Supercharger

    2.62 miles

  • Le petit Parking

    1.11 miles

  • APH Yellow Lot

    1.64 miles

  • Kroger Parking Lot

    1.72 miles

  • U of L Physicians Outpatient Center Parking Garage

    2.07 miles

  • Parking Garage and Institutional Services Building

    2.08 miles

  • Jewish Hospital Parking Garage

    2.28 miles

  • Yellow Parking

    2.28 miles

  • Turquoise Parking

    2.30 miles

  • Tan Parking

    2.32 miles

  • Silver Parking

    2.34 miles

  • The Bellwether Hotel

    0.18 miles

  • Gralehaus

    0.69 miles

  • The Myriad Hotel

    0.96 miles

  • Frankfort Avenue Coach House

    1.41 miles

  • AC Hotel by Marriott Louisville Downtown

    1.96 miles

  • Home2 Suites by Hilton Louisville Downtown NuLu

    2.09 miles

  • Quality Inn & Suites University/Airport

    2.27 miles

  • Days Inn Central / University and Expo Center

    2.31 miles

  • Residence Inn - Louisville Downtown

    2.33 miles

  • Cambria Hotel Louisville Downtown-Whiskey Row

    2.42 miles

  • ValuMarket Mid City Mall

    0.31 miles

  • Mid City Mall

    0.31 miles

  • Dollar General

    0.31 miles

  • Bombay International

    0.48 miles

  • Kroger

    1.15 miles

  • Bourbon Barrel Foods

    2.67 miles

  • ALDI

    2.92 miles

  • The POD

    2.93 miles

  • Rainbow Blossom

    3.13 miles

  • Target

    3.34 miles

Contact Cherokee Triangle 14 Unit Multifamily
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