Listing Agency: Semonin REALTORS

Listed By: Matt Fowler · License #KY 16001394

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 9:35AM

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Investment Insights

Based on property information with market context.

This residential property is zoned C1 and positioned for short-term rental use. The home can also accommodate an owner-occupant arrangement, offering flexibility between personal use and rental operations.

Located at 4134 S 5th St in Louisville, the property is 1 mile from Churchill Downs and near the Expo Center. These nearby destinations provide established event and visitor activity within the surrounding area.

Key Highlights

• C1‑zoned property positioned for short‑term rental use
• Owner‑occupant use is also supported
• Located 1 mile from Churchill Downs

Property Analytics

Property Profile

Current Use

Lydia Byard Music Venue

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Pharmacy Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

343

Businesses Nearby

Explore this area Business Placement

Demographics for 40214, KY

46,220

Population

20,459

Households

2.3

Avg Household Size

37

Median Age

23%

College-Educated

85%

High-School Grad

15.0 sq mi

ZIP Area

3,081

Density / Sq Mi

$53,563

Median Household Income

$37,121

Median Earnings

$950

Median Rent

$176,700

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this short term rental properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Short term rental property - C1 zoning supports short-term rental use with the option for owner occupancy.

Where is this short term rental property located?

The property is located at 4134 S 5th St Louisville, KY.

What are key features of this property?

This property features: C1‑zoned property positioned for short‑term rental use; Owner‑occupant use is also supported; Located 1 mile from Churchill Downs