Turnkey Airbnb Investment
611 Finzer Street, Louisville, KY 40203
Fully furnished short-term rental property with strong income potential.
Type:Hospitality
Property size:
1,387 SFPrice / SF:
$180/SF- Added:
- May 15, 2026
- Days on Market:
- 20
- Last Refresh:
- May 16 at 8:49 pm
Property Features for 611 Finzer Street
General Information
- Standard status
- Active
- Size
- 1,387 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1900
Listing agent Jonathan Klunk License #KY251476
Listing office eXp Realty
Listing date May 15, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
HighLights
- Turnkey Airbnb investment opportunity with strong projected returns and no CUP required.
- Grandfathered OR2 zoning allows legal short‑term rental operation without needing a Conditional Use Permit.
- Projected gross annual revenue of ~$47,300 with an estimated NOI of ~$27,030, and a 10.8% cap rate.
- Being sold fully furnished as a plug‑and‑play investment.
- Functions as a 3BR (2BR + non‑conforming 3rd bedroom) increasing revenue potential.
- High financeability with an estimated DSCR of ~1.7.
Overview
This property presents an Airbnb investment opportunity in Louisville. The property, located at 611 Finzer St, is zoned OR2 and grandfathered for short-term rental use. Configured as a 2-bedroom with a 3rd room currently used as a bedroom (non-conforming), it functions as a 3-bedroom opportunity. AirDNA projects approximately $47,300 per year in gross revenue at approximately 60% occupancy and a $215 ADR, producing an estimated NOI of approximately $27,030 and a 10.8% cap rate. The home is projected to average approximately 73 bookings per year with approximately 3-night stays. It is being sold fully furnished. Estimated operating expenses total approximately $20,270 per year, including taxes, insurance, utilities, landscaping, maintenance reserves, and cleaning. With an estimated DSCR of approximately 1.7 (based on 75% LTV, 7.5% rate, 30-year am), this is a financeable asset with cash flow potential. This 1,387 square foot property is suited for investors seeking an income-producing Airbnb, furnished rental, or hybrid personal-use property.
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7431372
- Latitude
- 38.2440885
Nearby Similar for Sale
FAQs
What type of property is this?
Short term rental property - Fully furnished short-term rental property with strong income potential.
Where is this short term rental property located?
The property is located at 611 Finzer Street Louisville, KY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Turnkey Airbnb investment opportunity with strong projected returns and no CUP required.; Grandfathered OR2 zoning allows legal short‑term rental operation without needing a Conditional Use Permit.; Projected gross annual revenue of ~$47,300 with an estimated NOI of ~$27,030, and a 10.8% cap rate.
