611 Finzer St, Louisville, KY 40203

• 2 beds |
• 1 bath |
• 1,387 sqft

Property Description

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.

Listing Status:

Active

Date Added:

June 24, 2026

Data Last Updated:

July 5, 2026 at 3:36AM

Listing Office:

EXP Realty LLC : 888-624-6448

MLS ID:

1721338

Interior

• Basement: Cellar
• A/C: Central Air
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• Style: Traditional
• Parking: Off StreetEntry Rear

Construction

• Roofing: FlatShingle
• General: Wood FrameVinyl Siding2Concrete BlkCrawl Space

Location

• HOA Amenities: 0.0
• Originating MLS: APEX MLS (Greater Louisville Association of REALTORS®)
• School District: Jefferson
• County: Jefferson

Lot

• Zoning: 021B01270000
• Fencing: FullPrivacyWood

Utilities

• Utilities: Electricity ConnectedFuel:Natural
• Water: Public
• Sewer: Public Sewer

Financial

• Source: APEX MLS (Greater Louisville Association of REALTORS®)