541 E Ormsby Ave Louisville, KY $ 215,000
541 E Ormsby Ave
$ 215,000
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541 E Ormsby Ave

Louisville, KY, 40203
$ 215,000
Baths0.0 Sq 3,440

Monthly Estimate*

$ 1,429

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Studio

Single Family Home for sale in Louisville, KY

for $215,000. This 3,440 square foot home was built in 1906 on a lot size of 0.08.

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.

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Single Family Active

Price

$ 215,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 0

Style

Tri-Level

Lot Size

0.08

Year Built

1906

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

1660773

Features
General
Heating Natural Gas
Utilities City Sewer City Water Electricity Connected Fuel:Natural
Roof Shingle
Exterior Features Patio Out Buildings
HOA 0.0
Garage Spaces 1.0
Architectural Style Tri-Level
Construction Materials Wood Frame Vinyl Siding
Year Built 1906
Property SubType Triplex
County Jefferson
Property Type MultiFamily
HOA / Comm Assn N
Subdivision Name SHELBY PARK
Garage Y/N Y
Status Active
Directions Jackson St to E Ormsby
City Louisville
View Y/N N
Total Units 3
MLS Area 02-Butchertwn/Hghlnds/Germantwn
Lot Size Square Feet 3375.0
Carport Y/N N
Street Name Ormsby
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 02-Butchertwn/Hghlnds/Germantwn
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 0128
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Exterior
Lot Features Corner Sidewalk
Lot Size Area 3375.0
Spa N
Building Area Total 3140.0
Lot Dimensions 135' X 25'
Lot Size Acres 0.08
Lot Size Units Square Feet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Heating Y/N Y
Above Grade Finished Area 3140.0
Street Suffix Ave
Below Grade Finished Area 300.0
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 541
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* Excluded Features
List By
Exp Realty Llc

Broker

jonathan@gokeysource.com

Email

Affordability Calculator

$1,429
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,429
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
518801 Elementary School
518802 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$215,000 Listed Price

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541 E Ormsby Ave, Louisville, KY, 40203 is a Single Family Home for sale at $215,000 with 3,440 sqft and a lot size of 0.08. 541 E Ormsby Ave is a studio with 0.0 baths and was built in 1906. The property's zip code is 40203 which is in Louisville, KY