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$279,900
3 Beds 2 Baths 1726919 MLS
This beautifully renovated 3-bedroom, 2-bath single-family home in the Shelby Park neighborhood offers a light-filled, open layout with soaring lofted spaces and thoughtful modern updates throughout. Fully renovated in 2020, the home blends character with the comfort and functionality of a more modern floor plan. Upstairs, the spacious primary suite feels like a private retreat, complete with an additional flex space ideal for a home office, workout area, or lounge. Just off the primary suite, a private deck overlooks the fully fenced backyard—perfect for morning coffee or unwinding at the end of the day. At the heart of the home, the well-appointed kitchen features quartz countertops, abundant natural light, modern finishes, and an open connection to the living area. The first floor features two additional bedrooms and a full bath tucked along a private rear hallway, creating nice separation from the home's main living spaces. Outside, you'll find a fully fenced backyard along with the convenience of a dedicated off-street parking pad. The home's unique layout also offers exciting flexibility. It is currently configured and rented as two separate living "suites"—upstairs and downstairs—with a shared kitchen and living area, primarily serving traveling professionals. This setup provides potential for an owner looking for flexible living arrangements, a live-in investment opportunity, or supplemental rental income. Zoned OR2, allows for additional uses. This home is walkable to some of the best restaurants and coffee shops in the city including; Perso, Logan St Market, Foko, Canary Club, Toasty's and The Breeze! Whether you're looking for a beautifully updated home to make your own or a property with built-in income potential, this Shelby Park home offers a combination of style, versatility, and function that's hard to find.

963 S Shelby St, Louisville

$224,900
2 Beds 1 Baths 1721338 MLS
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.

611 Finzer St, Louisville