Save This Old c.1827 Historic Kentucky Home – Former Tavern Under $70K
$69,950
Built in 1827 with brick, this historic Kentucky home was one of the first houses in town. It later served as a tavern. The French motif home also served as a residence for the first school in town. So many important people of the day lived or stayed here. So much history.

Realtor Comments
INVESTORS! Step back in time with this rare historic gem in the heart of Portland! Built in 1827, this property once served as a tavern for river travelers and boatmen and was even used as a makeshift church before one was built in the area. Full of character and potential, this 2-bedroom, 1-bath home sits on a quiet court and features a full basement, a small one-car garage, and off-street parking. The home is in need of a complete renovation, including mechanical systems, cosmetic updates, and remodeling throughout. The bathroom is located on the second floor. This is a unique opportunity for investors, preservationists, or visionary homeowners to restore a piece of Louisville’s history. Sold as-is.
- 2bed
- 1bath
- 1,890sqft
- 4,356sqft lot
- Circa 1827

716 Cedar Grove Ct, Portland, KY 40212 $69,900
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.ย
Contact Realtor: Janet Dischinger

History




Pros
-
Affordable Cost of Living
โข Overall expenses are ~5โ6% below the U.S. average, with housing ~19โ20% cheaperโmedian home ~$247Kโ$262K, rent ~$908โ1,220/mo -
Rich Cultural & Recreational Scene
โข Home to the Kentucky Derby, Forecastle, a vibrant indie music scene, museums, and the historic Olmsted park system (Cherokee, Iroquois, Waterfront Park) . -
Strong Healthcare & Education
โข Leading medical facilities (Norton, Baptist, U of L Health) and a broad public/private school-industrial ecosystem, plus higher-ed institutions like University of Louisville and Bellarmine -
Neighborhood Variety & Community Spirit
โข Distinct neighborhoodsโHighlands, NuLu, Crescent Hillโeach with its own style; known for friendly, community-driven atmosphere -
Good Job Market & Economy
โข Strong sectors in healthcare, logistics (UPS hub), manufacturing, and emerging tech -
Green Spaces & Outdoor Options
โข Extensive parklands, riverfront trails, Big Four Bridge access, and seasonal festivals support active lifestyles
โ ๏ธ Cons
-
Crime is High in Certain Areas
โข Overall crime rate (~37 per 1,000 residents) ranks among the highest nationally; violent and property crime are a concern, especially in West End and other pockets -
Humid Summers & Severe Weather
โข Hot, muggy summers with thunderstorms, tornado risk, and allergy season nuisances . -
Limited Public Transit & Car Dependency
โข TARC buses are limited; most errands require driving, and traffic congestion is common despite generally polite driving norms . -
Neighborhood Disparities
โข Amenities, safety, and public school quality vary widely by neighborhoodโsome areas thrive, others face neglect. -
Social & Economic Inequality
โข Poverty (~15%), wage gaps, and underinvestment in parts of the city; younger professionals are often priced out of core urban areas . -
Underwhelming Transit & Airport Access
โข Public transit beyond driving is sparse; the regional airport lacks direct, diverse flight routes













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