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Sold for $152,500 on 10/10/24
  • $152,500

    541 E Ormsby Ave, Louisville, KY 40203

    --beds
    --baths
    3,440sqft
    Triplex
    Built in 1906
    -- sqft lot
    $-- Zestimate®
    $44/sqft
    $1,368 Estimated rent

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    $1,368/mo

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    $1,368/mo

    Rent Zestimate®

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    $893/mo

    Est. payment

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    $893/mo

    Est. payment

    What's special

    An exceptional development opportunity in the heart of Shelby Park. This corner commercial unit, with C2 zoning, is strategically located 3 blocks from Shelby Street, surrounded by a thriving residential community. The property's prime location offers an unparalleled opportunity for investors and developers. This property presents a unique canvas with variances already secured for the demolition and reconstruction of an accessory rear unit and a front exterior awning. Priced competitively, this property offers diverse potential uses, including residential units, short-term rentals (Airbnb), and/or commercial uses. Its adaptable layout and zoning designation provide a rare chance to capitalize on the burgeoning demand for mixed-use spaces in this sought-after neighborhood.

    Zillow last checked: 8 hours ago

    Listing updated: November 26, 2024 at 07:34pm

    Listed by:

    Jonathan D Klunk 888-624-6448,

    EXP Realty LLC

    Bought with:

    James Brown, 219755

    RE/MAX Premier Properties

    Source: GLARMLS,MLS#: 1660773MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 3,140
    • Total interior livable area: 3,440 sqft
    • Finished area above ground: 3,140
    • Finished area below ground: 300

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Tri-Level
    • Patio & porch: Patio
    Lot
    • Size: 3,484 sqft
    • Dimensions: 135' x 25'
    • Features: Corner Lot, Sidewalk
    Details
    • Additional structures: Outbuilding
    • Parcel number: 023D01280000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding, Wood Frame
    • Roof: Shingle
    Condition
    • Year built: 1906

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Louisville
    • Subdivision: Shelby Park

    HOA & financial

    HOA
    • Has HOA: No