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Listed price in listed location currency (USD).
$250,000

210

MLS® 1716294

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1387 sqft
Garage 
Taxes 
Days Active 13
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $180
MLS® Number 1716294

Property Address: 611 Finzer St, Louisville, KY, 40203-2419

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1716294
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementCellar
DrivewayOff Street, Entry Rear
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:First FloorNot available
Other:First FloorNot available
Other:Second FloorNot available
Other:First FloorNot available
Other:First FloorNot available
Other:Second FloorNot available
Other:First FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$250,000List Price

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