
501 Marret Ave Louisville, KY 40208
Shelby Park NeighborhoodEstimated payment $1,407/month
Highlights
- Deck
- No HOA
- Heat Pump System
- Meyzeek Middle School Rated A-
- Porch
About This Home
Step inside this stunningly renovated duplex, where modern upgrades meet timeless character. Zoned OR-2, the property offers unique flexibility: owner-occupants may operate as a short-term rental after 6 months of occupancy (buyer to verify with local authorities). With two electric meters and a shared water meter, this home is perfect for house hacking, investment, live-work & mixed use options due to the commercial/residential zoning.
Both units feature vaulted ceilings with exposed rafters, spray foam insulation for energy efficiency, and spacious bathrooms with walk-in showers, vanities, and medicine cabinets. Throughout the property, you'll find all-new windows, appliances, and mechanicals for true peace of mind.
Front Unit Highlights:
Living room with a striking exposed brick wall & door to the private covered porch.
Modern kitchen with new cabinetry, counters, 2-burner cooktop, built-in dishwasher, microwave, and reclaimed wood shelving
Bedroom with brick accent wall, large closet, and washer/dryer hookups
Back Unit Highlights:
Larger floor plan with exposed brick in multiple rooms
Spacious bedroom with painted hardwood floors and backyard views
Separate laundry mudroom leading to a private deck overlooking the deep, shaded, fully fenced yard
This move-in-ready duplex delivers energy efficiency, modern convenience, and outstanding income potentialall in one beautifully reimagined property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,051
Year Built
- Built in 1900
Home Design
- 1,161 Sq Ft Home
- Duplex
- Brick Exterior Construction
- Shingle Roof
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Deck
- Porch
Utilities
- Heat Pump System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 0075 / 023D
- Assessor Parcel Number 023D007500
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 | $1,051 | $81,880 | $22,000 | $59,880 |
2023 | $711 | $53,000 | $22,000 | $31,000 |
2022 | $721 | $53,000 | $22,000 | $31,000 |
2021 | $768 | $53,000 | $22,000 | $31,000 |
2020 | $728 | $53,000 | $22,000 | $31,000 |
2019 | $513 | $38,230 | $14,000 | $24,230 |
2018 | $506 | $38,230 | $14,000 | $24,230 |
2017 | $498 | $38,230 | $14,000 | $24,230 |
2013 | $520 | $52,000 | $8,000 | $44,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/22/2025 08/22/25 | For Sale | $242,000 | +356.6% | $208 / Sq Ft |
09/18/2019 09/18/19 | Sold | $53,000 | -24.2% | $46 / Sq Ft |
08/11/2019 08/11/19 | Price Changed | $69,950 | -3.5% | $60 / Sq Ft |
08/06/2019 08/06/19 | Price Changed | $72,500 | -3.3% | $62 / Sq Ft |
07/28/2019 07/28/19 | Price Changed | $75,000 | -6.1% | $65 / Sq Ft |
07/12/2019 07/12/19 | Price Changed | $79,900 | -6.0% | $69 / Sq Ft |
07/05/2019 07/05/19 | For Sale | $85,000 | -- | $73 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | -- | |
Quit Claim Deed | -- | None Available | |
Warranty Deed | $53,000 | None Available | |
Quit Claim Deed | -- | Kemp Title Agency Llc | |
Deed | $52,000 | -- | |
Deed | $13,900 | -- |
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Source: Metro Search (Greater Louisville Association of REALTORS®)
MLS Number: 1696168

APN: 023D00750000
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