USAKYLouisvilleSmoketown611 Finzer St
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$224,900

For Sale

2 months ago

611 Finzer St, Louisville, KY

House

MLS® 1721338

2 Bed

1 Bath

1387 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1387 sqft
Garage 
Taxes 
Days Active 50
Lot Size 0.06 Acres
Approx. Age 1900
Avg. Price Per Sqft $162
MLS® Number 1721338

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

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

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.
MLS® Number1721338
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementCellar
DrivewayOff Street, Entry Rear
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Rooms

Change to metres

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

Jun 24, 2026List Date
$224,900List Price
  • Commute

Commute

Starting Address
Destination Address
611 Finzer St, Louisville, KY

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Listing Agent

Jonathan D Klunk

[email protected]
(502) 410-8181
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