611 Finzer St, Louisville, KY 40203
$214,900 - For Sale
Property Details
Price: $214,900
Sq Ft: 1,387
($155 per sqft)
Bedrooms: 2
Bathrooms: 1
City:Louisville
County:Jefferson
Type:Single Family
Development:Smoketown
Subdivision:Smoketown
Acres:0.0600
Year Built:1900
Listing Number:1721338
Status Code:A-Active
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PRICE IMPROVEMENT! Turnkey STR investment opportunity now offered at $224,900. Motivated sellers are ready to review offers. Fully furnished and grandfathered for short-term rental use, 611 Finzer St offers a rare opportunity to acquire an income-producing Airbnb with no CUP required. Zoned OR-2, the property may continue operating as a short-term rental with buyer registration through Louisville Metro within 30 days of closing. Configured as a 2BR with a non-conforming third room currently used as a bedroom, the home functions as a 3BR with increased revenue potential. Based on AirDNA projections, the property is expected to generate approximately $47,300 in annual gross revenue | 60% occupancy | $215 ADR | $27,030 projected NOI | 12.0% projected cap rate | 1.91 projected DSCR (based on 75% LTV, 7.5% interest, 30-year amortization). Estimated operating expenses of approximately $20,270 annually include taxes, insurance, utilities, landscaping, maintenance reserves, and cleaning. Sold fully furnished, this is a true plug-and-play investment for an Airbnb, furnished rental, or hybrid personal-use property. Grandfathered STR status, strong projected cash flow, and the recent price improvement create a compelling opportunity for investors seeking immediate income potential. Self-managed pro forma available under listing documents.
Building Description: Traditional
MLS Area: 00-Central Downtown District/Old Louisville
Total Square Footage: 1,287
Total Rooms: 8
Water: Public
Construction: Wood Frame, Vinyl Siding
Date Listed: 2026-06-24 00:00:00
Parking: Off Street, Entry Rear
Roof: Flat, Shingle
Heating: Forced Air
Cooling: Central Air
Sewer: Public Sewer
Lot Desc.: Level
Parcel ID: 021B01270000
Listing Courtesy Of: Exp Realty Llc
jonathan@gokeysource.com
PRICE IMPROVEMENT! Turnkey STR investment opportunity now offered at $224,900. Motivated sellers are ready to review offers. Fully furnished and grandfathered for short-term rental use, 611 Finzer St offers a rare opportunity to acquire an income-producing Airbnb with no CUP required. Zoned OR-2, the property may continue operating as a short-term rental with buyer registration through Louisville Metro within 30 days of closing. Configured as a 2BR with a non-conforming third room currently used as a bedroom, the home functions as a 3BR with increased revenue potential. Based on AirDNA projections, the property is expected to generate approximately $47,300 in annual gross revenue | 60% occupancy | $215 ADR | $27,030 projected NOI | 12.0% projected cap rate | 1.91 projected DSCR (based on 75% LTV, 7.5% interest, 30-year amortization). Estimated operating expenses of approximately $20,270 annually include taxes, insurance, utilities, landscaping, maintenance reserves, and cleaning. Sold fully furnished, this is a true plug-and-play investment for an Airbnb, furnished rental, or hybrid personal-use property. Grandfathered STR status, strong projected cash flow, and the recent price improvement create a compelling opportunity for investors seeking immediate income potential. Self-managed pro forma available under listing documents.
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Additional Information:
Building Description: Traditional
MLS Area: 00-Central Downtown District/Old Louisville
Total Square Footage: 1,287
Total Rooms: 8
Water: Public
Construction: Wood Frame, Vinyl Siding
Date Listed: 2026-06-24 00:00:00
Parking: Off Street, Entry Rear
Roof: Flat, Shingle
Heating: Forced Air
Cooling: Central Air
Sewer: Public Sewer
Lot Desc.: Level
Parcel ID: 021B01270000
Map of 611 Finzer St, Louisville, KY 40203
Listing Courtesy Of: Exp Realty Llc
jonathan@gokeysource.com
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Location
2303 Hurstbourne Village Dr. Ste 300
Louisville, KY 40299
Contact
Rick: 502-419-9001 Bonnie: 502-419-9000
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