425 E Oak St Louisville, KY 40203
Shelby Park NeighborhoodEstimated payment $2,017/month
Highlights
- 1 Fireplace
- No HOA
- Porch
- Meyzeek Middle School Rated A-
- 1 Car Detached Garage
- 4-minute walk to Shelby Park Community Center
About This Home
Looking for the perfect short-term rental investment before year's end? This FULLY furnished, turnkey Airbnb is already outperforming expectations, and there are still four months left in the year! Located in the heart of Shelby Park, just minutes from Downtown Louisville and world-famous distilleries like Angel's Envy, this property sits down the street from Logan Street Market, Atrium Brewing, Idlewild Butterfly Farm, and other popular attractions your guests will love.
Inside, all of the stylish furnishings remain, making this a seamless transition for any investor. With the ability to sleep up to 10 guests, the home boasts a solid NOI with an impressive 8% cap rate today and even stronger projected returns ahead. Opportunities for upside are abundant: an additional bathroom could easily be added, and converting the detached garage into a game room would further increase ADR and occupancy.
This property combines location, performance, and potentialmaking it the ideal investment for any buyer looking to add a profitable short-term rental to their portfolio.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,595
Year Built
- Built in 1903
Parking
- 1 Car Detached Garage
Home Design
- Poured Concrete
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,380 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Porch
- Wood Fence
Community Details
- No Home Owners Association
- Shelby Park Subdivision
Listing and Financial Details
- Legal Lot and Block 0063 / 023A
- Assessor Parcel Number 023A00630000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,595 | $280,000 | $22,000 | $258,000 |
| 2023 | $2,369 | $176,530 | $22,000 | $154,530 |
| 2022 | $2,401 | $99,150 | $22,000 | $77,150 |
| 2021 | $1,434 | $99,150 | $22,000 | $77,150 |
| 2020 | $1,271 | $92,500 | $14,000 | $78,500 |
| 2019 | $1,241 | $92,500 | $14,000 | $78,500 |
| 2018 | $904 | $68,230 | $14,000 | $54,230 |
| 2017 | $889 | $68,230 | $14,000 | $54,230 |
| 2013 | $890 | $89,000 | $8,000 | $81,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $280,000 | +5.7% | $203 / Sq Ft |
| 10/06/2023 10/06/23 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | For Sale | $265,000 | +50.1% | $192 / Sq Ft |
| 04/15/2021 04/15/21 | Sold | $176,531 | -1.4% | $128 / Sq Ft |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- |
| 03/16/2021 03/16/21 | For Sale | $179,000 | +123.8% | $130 / Sq Ft |
| 03/28/2018 03/28/18 | Sold | $80,000 | -11.0% | $58 / Sq Ft |
| 03/15/2018 03/15/18 | Pending | -- | -- | -- |
| 03/14/2018 03/14/18 | For Sale | $89,900 | -- | $65 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $176,531 | None Available | |
| Deed | $92,500 | Limestone Title & Escrow Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,730 | New Conventional | |
| Previous Owner | $140,250 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $83,250 | Commercial | |
| Previous Owner | $24,500 | Unknown |
Source: Metro Search, Inc.
MLS Number: 1698177
APN: 023A00630000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.
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