Price Reduction - Primary on Main
Address
611 Finzer St, Louisville, KY
Price
$ 214,900
Property Attributes
- MLS#1721338
- TypeSingle Family
- Listing Status Active
- CountyJefferson
- CityLouisville
- AreaCentral Downtown District-Old Louisville
- NeighborhoodSMOKETOWN
- Zip40203
- StyleTraditional
- Year Built1900
- Price$ 214,900
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1387
- Lot Size0.06 Acres
Data Source:
Metro Search, Inc.
Property Description
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.
| Price History | |
|---|---|
| 6/24/2026 | Listed $235,000 |
| 7/27/2026 | 4$224,900 |
| 9/14/2026 | 4$214,900 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Utilities | Electricity Connected,Fuel:Natural |
| Roof | Flat,Shingle |
| Architectural Style | Traditional |
| Construction Materials | Vinyl Siding,Wood Frame |
| Year Built | 1900 |
| Stories Count | 2 |
| Property Subtype | Single Family Residence |
| County | Jefferson |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | SMOKETOWN |
| Garage Y/N | false |
| Total Rooms | 8 |
| Full Baths | 1 |
| Status | Active |
| Directions | Jackson st to Finzer Ave. |
| City | Louisville |
| High School District | Jefferson |
| MLS Area | 00-Central Downtown District/Old Louisville |
| Lot Size Units | Acres |
| Lot Size Square Feet | 2779 |
| MLS Area Minor | 00-Central Downtown District/Old Louisville |
| Standard Status | Active |
| Tax Lot | 0127 |
Interior Features
| Basement | Cellar |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 1287 |
| Total Bedrooms | 2 |
| LivingAreaSource | Other |
| Total Baths | 1 |
Exterior Features
| Fencing | Privacy,Full,Wood |
|---|---|
| Parking Features | Off Street,Entry Rear |
| Lot Features | Level |
| Water Source | Public |
| Lot Size Area | 0.06 |
| Foundation Details | Crawl Space,Concrete Blk |
| Building Area Total | 1287 |
| Lot Size Acres | 0.06 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 40203
Price
Year Built
Data last updated: September 22, 2026 2:49 AM UTC and updating occurs daily
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than NextHome Custom Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
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