Condo / High-rise home in Louisville, KY
Set in Louisville, KY, this Condo condo provides 1 bedroom and 1 bathroom across 487 square feet. The Condo styling carries through the home's design.
| Price | $127,000 |
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| Beds | 1 |
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| Baths | 1 |
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| Sqft | 487 |
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| Architectural style | Condo / High-rise (67% match) |
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| Address | 1856 Frankfort Ave #6, Louisville, KY 40206 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $127K, this home is 36% below the $200K median for 180 similar Condo / High-rise homes in Louisville, KY.
- That works out to $261 per square foot, 54% above the $169 comparable rate.
- New to market (7 days), so expect competition.
| This home | $127,000 |
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| Condo / High-rise median in Louisville, KY | $199,900 (180 homes) |
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| Price per sq ft | $261 vs. $169 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $834/month with 20% down at a 7.28% 30-year fixed rate. You would need about $35,734 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $695/mo |
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| Property tax (new-buyer reassessed rate) | $91/mo |
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| Homeowners insurance | $48/mo |
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| Total monthly | $834/mo |
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| Down payment (20%) | $25,400 |
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| Income needed | $35,734/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (53 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (53/100) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $51,536 |
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| Range (10th to 90th pct) | $28,118 to $79,908 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Louisville, KY where local data is thin.
Local home values
Typical home values in Louisville, KY have risen about 22% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia