
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.
Contact Realtor: Janet Dischinger

History




Pros
Affordable Cost of Living
• Overall expenses are ~5–6% below the U.S. average, with housing ~19–20% cheaper—median home ~$247K–$262K, rent ~$908–1,220/moRich Cultural & Recreational Scene
• 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
• 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 BellarmineNeighborhood Variety & Community Spirit
• Distinct neighborhoods—Highlands, NuLu, Crescent Hill—each with its own style; known for friendly, community-driven atmosphereGood Job Market & Economy
• Strong sectors in healthcare, logistics (UPS hub), manufacturing, and emerging techGreen Spaces & Outdoor Options
• Extensive parklands, riverfront trails, Big Four Bridge access, and seasonal festivals support active lifestyles
⚠️ Cons
Crime is High in Certain Areas
• 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 pocketsHumid Summers & Severe Weather
• Hot, muggy summers with thunderstorms, tornado risk, and allergy season nuisances .Limited Public Transit & Car Dependency
• TARC buses are limited; most errands require driving, and traffic congestion is common despite generally polite driving norms .Neighborhood Disparities
• Amenities, safety, and public school quality vary widely by neighborhood—some areas thrive, others face neglect.Social & Economic Inequality
• 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
• Public transit beyond driving is sparse; the regional airport lacks direct, diverse flight routes













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