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For sale
  • Price cut: $10K (6/24)
    $235,000

    611 Finzer St, Louisville, KY 40203

    2beds
    1,387sqft
    : 
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    Single Family Residence
    Built in 1900
    2,613 Square Feet Lot
    $228,800 Zestimate®
    $169/sqft
    $-- HOA

    What's special

    AIRBNB INVESTMENT OPPORTUNITY in the heart of Louisville offering a rare turnkey STR with strong projected returns and no CUP required. This fully furnished property at 611 Finzer St is zoned OR2 and grandfathered for short-term rental use, allowing the next owner to continue operations (buyer to register w/ the city within 30 days of closing). Configured as a 2BR with a 3rd room currently used as a bedroom (non-conforming), this functions as a 3BR opportunity with increased revenue potential. Based on AirDNA projections, the property is expected to generate ~$47,300/yr in gross revenue at ~60% occupancy and $215 ADR, producing an estimated NOI of ~$27,030 and a 10.8% cap rate at the $250K list price. The home will average ~73 bookings/yr w/ ~3-night stays and is being sold fully furnished making it a true plug-and-play investment. Est. operating expenses total ~$20,270/yr including taxes, insurance, utilities, landscaping, maintenance reserves, and cleaning. With an est. DSCR of ~1.7 (based on 75% LTV, 7.5% rate, 30-yr am), this is a highly financeable asset w/ strong cash flow potential. Located in a proven STR corridor w/ consistent demand, this is ideal for investors seeking an income-producing Airbnb, furnished rental, or hybrid personal-use property. Grandfathered STR zoning, turnkey condition, and double-digit projected returns make this a standout opportunity. Accurate self-managed proforma under documents.
    20 days
    |
    295
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan D Klunk 888-624-6448,

    EXP Realty LLC

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1721338MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      Bedroom
      • Level: Second
      Full bathroom
      • Level: First
      Dining area
      • Level: First
      Kitchen
      • Level: First
      Laundry
      • Level: First
      Living room
      • Level: First
      Office
      • Level: Second
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Basement: Cellar
      • Has fireplace: No
      Interior area
      • Total structure area: 1,287
      • Total interior livable area: 1,387 sqft
      • Finished area above ground: 1,287
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street, Entry Rear
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Patio & porch: Patio, Porch
      • Fencing: Privacy,Full,Wood
      Lot
      • Size: 2,613 Square Feet
      • Features: Level
      Details
      • Parcel number: 021B01270000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding, Wood Frame
      • Foundation: Crawl Space, Concrete Blk
      • Roof: Flat,Shingle
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: Smoketown
      HOA
      • Has HOA: No
      Location
      • Region: Louisville

      Financial & listing details

      • Price per square foot: $169/sqft
      • Tax assessed value: $185,000
      • Annual tax amount: $2,375
      • Date on market: 6/24/2026
      • Electric utility on property: Yes

        Estimated market value

        $228,800

        $217,000 - $240,000

        $1,602/mo

        Price history

        DateEventPrice
        6/24/2026Price change$235,000-4.1%$169/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1721338 Report a problem
        6/5/2026Price change$245,000-2%$177/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1716294 Report a problem
        5/14/2026Price change$250,000+35.1%$180/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1716294 Report a problem
        11/27/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/28/2022Listed for rent$2,500$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/28/2022Pending sale$185,000$133/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1612629 Report a problem
        6/27/2022Sold$185,000$133/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1612629 Report a problem
        5/24/2022Contingent$185,000$133/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1612629 Report a problem
        5/19/2022Listed for sale$185,000+80.5%$133/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1612629 Report a problem
        5/1/2021Sold$102,500$74/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1582766 Report a problem
        4/16/2021Pending sale$102,500+3.5%$74/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1582766 Report a problem
        4/12/2021Price change$99,000-5.6%$71/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1582766 Report a problem
        4/8/2021Listed for sale$104,900+74.8%$76/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1582766 Report a problem
        6/18/2019Sold$60,000$43/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,375 -4.3%$185,000
        2023$2,483 +66.5%$185,000 +68.7%
        2022$1,491 +71.5%$109,650 +82.8%
        2021$870 +5.5%$60,000
        2020$824 $60,000 +135%
        2019$824 +143.9%$25,530
        2018$338 $25,530
        2017$338 -38.5%$25,530 -53.6%
        2013$550 $55,000
        2011$550 $55,000
        2010$550 $55,000
        2009$550 $55,000
        2007-- $55,000 +67.8%
        2006-- $32,770
        2005-- $32,770 +26.2%
        2004-- $25,970
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Smoketown Jackson

        Getting around

        77 / 100
        Very Walkable
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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