611 Finzer St, Louisville, KY 40203

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611 Finzer St,Louisville, KY 40203
$224,900
  • 2 Beds
  • 1 Baths
  • 1,387 sq. ft.
  • Single family
  • Active
Listed by: jonathan d klunk
Office: exp realty llc.
MLS#:1721338
Source:KY_MSMLS

Price summary

  • Price:$224,900
  • Price per sq. ft.:$174.75

About this home

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...

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Home facts

  • Year built:1900
  • Subdivision & Development:SMOKETOWN
  • Listing ID #:1721338
  • Added:45 day(s) ago
  • Updated:August 08, 2026 at 03:24 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:8
  • Basement:Yes
  • Basement Description:Cellar
  • Living area:1,387 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:FORCED AIR
  • Central air:Yes

Structure and exterior

  • Year built:1900
  • Building area:1,387 sq. ft.
  • Lot area:0.06 Acres
  • Lot Features:Level
  • Architectural Style:Traditional
  • Construction Materials:Vinyl siding, Wood Frame
  • Exterior Features:Patio, Porch
  • Foundation Description:Concrete Block, Crawl Space

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$224,900
  • Price per sq. ft.:$174.75

Parking

  • Parking description:Entry Rear