611 Finzer St, Louisville, KY 40203
611 Finzer St, Louisville, KY 40203
611 Finzer St, Louisville, KY 40203
611 Finzer St, Louisville, KY 40203
611 Finzer St, Louisville, KY 40203
611 Finzer St, Louisville, KY 40203
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Cody Hembree

Cody Hembree

+1(502) 693-5137
$ 224,900
Est. payment | /mo

2 Beds

1 Bath

1,387 SqFt

Save
$ 224,900
Est. payment | /mo
Save

2 Beds

1 Bath

1,387 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,387 sqft

Price per Sqft $162

Subdivision Smoketown

MLS Listing ID 1721338

Style Traditional

Bedrooms 2

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,287

Year Built 1900

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Single Family Residence

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 1287

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.

Location

State KY

County Jefferson

Direction Jackson st to Finzer Ave.

Rooms

Basement Cellar

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Off Street, Entry Rear

Fence Privacy, Full, Wood

View Y/N No

Roof Type Flat,Shingle

Porch Patio, Porch

Garage No

Building

Lot Description Level

Story 2

Foundation Crawl Space, Concrete Blk

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding,Wood Frame

Schools

School District Jefferson

Greater Louisville MLS (Metro Search Inc)
Copyright 2026 Metro Search, Inc.
Listed by EXP Realty LLC

Nearby Locations

Cody Hembree

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(502) 693-5137

cody@rogrivervalley.com

2555 B Highway 227, Carrollton, Kentucky, 41008, USA

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611 Finzer St