Cherokee Triangle 14 Unit Multifamily
2020 Midland Ave, Louisville, KY 40204
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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Building Details
- For Sale $1,556,000
- Property Type Other
- Lot Size 0.21 SF
- Date Updated Jun 23, 2026
Getting Around
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Walk Score ®
Walker's Paradise (90) -
Transit Score ®
Some Transit (40) -
Bike Score ®
Very Bikeable (71)
Location
- City Louisville, KY
- Zip Code 40204
Points of Interest
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
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
Highlands Original Car Wash
1.76 miles
Enterprise
3.40 miles
Budget
3.64 miles
Penske Truck Rental
3.82 miles
Crystal Clean Car Wash
3.84 miles
The Greatest Car Wash
4.13 miles
Car Wash
4.85 miles
Thomas Car Wash
6.69 miles
Avis
6.74 miles
The Eagle
0.15 miles
Bristol Bar & Grill
0.15 miles
Green District Salads
0.20 miles
Boombozz Pizza and Taphouse
0.20 miles
Ramsi's Cafe On the World
0.21 miles
Skyline Chili
0.23 miles
The Joy Luck
0.23 miles
Qdoba
0.24 miles
Sarang
0.24 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
Louisville Fourth District Chief Fire Station
0.70 miles
Louisville Engine 11 and Truck 7 Fire Station
0.70 miles
Walgreens
0.76 miles
Our Lady of Peace Hospital
1.08 miles
Kindred Hospital Louisville
1.19 miles
CVS Pharmacy
1.26 miles
Louisville Metro Police 5th Division
1.42 miles
Norton Audubon Hospital
1.45 miles
Kosair Charities Sam Swope Centre
1.57 miles
2020 Midland Ave Listing Summary
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What is the asking price at Cherokee Triangle 14 Unit Multifamily?
Cherokee Triangle 14 Unit Multifamily is currently listed for sale at Contact for pricing.
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What is the total size of Cherokee Triangle 14 Unit Multifamily?
Cherokee Triangle 14 Unit Multifamily has a total of 7,722 square feet.
