LKV Realty
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$245,000
$1,150Reward *
611 Finzer St, Louisville, KY 40203Listing ID 1716294

611 Finzer St, Louisville, KY 40203

Active
SMOKETOWN
Time on site: 103 daysLast updated: Jun 5, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,287
Acres
Acres
0.06
Days on Site
Days on Site
103
Cooling
Cooling
Central Air
Heating
Heating
Forced Air
Year Built
Year Built
1900
Stories
Stories
2
Parking
Parking
Off Street, Entry Rear

AIRBNB INVESTMENT OPPORTUNITY in the heart of Louisville offering a rare turnkey STR with strong projected returns and no CUP required. This fully furnished property at 611 Finzer St is zoned OR2 and grandfathered for short-term rental use, allowing the next owner to continue operations (buyer to register w/ the city within 30 days of closing). Configured as a 2BR with a 3rd room currently used as a bedroom (non-conforming), this functions as a 3BR opportunity with increased revenue potential. Based on AirDNA projections, the property is expected to generate ~$47,300/yr in gross revenue at ~60% occupancy and $215 ADR, producing an estimated NOI of ~$27,030 and a 10.8% cap rate at the $250K list price. The home will average ~73 bookings/yr w/ ~3-night stays and is being sold fully furnished making it a true plug-and-play investment. Est. operating expenses total ~$20,270/yr including taxes, insurance, utilities, landscaping, maintenance reserves, and cleaning. With an est. DSCR of ~1.7 (based on 75% LTV, 7.5% rate, 30-yr am), this is a highly financeable asset w/ strong cash flow potential. Located in a proven STR corridor w/ consistent demand, this is ideal for investors seeking an income-producing Airbnb, furnished rental, or hybrid personal-use property. Grandfathered STR zoning, turnkey condition, and double-digit projected returns make this a standout opportunity. Accurate self-managed proforma under documents.

Property Information

Property Details

Location

Address
611 Finzer St
County
Jefferson
City
Louisville
Zip Code
40203
Subdivision
SMOKETOWN
School District
Jefferson
MLS Area
00-Central Downtown District/Old Louisville

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
1

Building

Building Information

Square Feet
1,287
Year Built
1900
Stories
2
Construction
Wood Frame, Vinyl Siding
Foundation
Concrete Blk, Crawl Space
Roof
Flat, Shingle
EXP Realty LLC, (888) 624-6448

Market Report for 40203

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Greater Louisville Association of REALTORS®
Greater Louisville Association of REALTORS® logo

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 LKV 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2026 Metro Search, Inc.

For corrections to this data please contact Brytecore MLS Support.

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