909 E Gray St Louisville, KY 40204
Phoenix Hill NeighborhoodEstimated payment $1,771/month
Highlights
- Spa
- Deck
- No HOA
- Greathouse Shryock Traditional Elementary School Rated A-
- 1 Fireplace
- Porch
About This Home
Located in the heart of Phoenix Hill, 909 E Gray Street presents an exceptional investment opportunity with four years of strong, proven short-term rental performance. This charming property includes a conditional use permit transferable to the new owner—making it a true turnkey, income-producing asset from day one, with furnishings available to remain. The numbers speak for themselves: the property has generated over $100,000 annually in short-term rental revenue from 2023-2025, with continued strong performance into 2026. Detailed financials are available upon request. The home features three spacious bedrooms and two full bathrooms, along with a dedicated laundry area for added convenience. Inside, you'll find thoughtful updates throughout, including all new flooring (2022), new appliances (2022), plus refreshed paint and stylish wallpaper that enhance the home's appeal for guests and owners alike. A new roof was installed in May 2023, adding long-term value and peace of mind. Step outside to a low-maintenance backyard designed for relaxation and entertaining. A large deck anchors the space, complete with a built-in hot tub, grilling area, and privacy fence—creating an inviting outdoor retreat that helps drive strong guest reviews and repeat bookings. The property is situated on a quiet street with ample parking, an added bonus for guests and owners alike. With consistent standout revenue, this property is a rare, hassle-free investment in a high-demand area. Whether you're expanding your portfolio or entering the short-term rental market, this is a no-brainer opportunity you won't want to miss.
Open House Schedule
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Sunday, April 19, 20262:00 to 4:00 pm4/19/2026 2:00:00 PM +00:004/19/2026 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Year Built
- Built in 1900
Parking
- On-Street Parking
Home Design
- Poured Concrete
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,044 Sq Ft Home
- 2-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Spa
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Phoenix Hill Subdivision
Listing and Financial Details
- Legal Lot and Block 0076 / 016K
- Assessor Parcel Number 016K00760000
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 |
|---|---|---|---|---|
| 2025 | $2,331 | $185,000 | $20,000 | $165,000 |
| 2024 | $2,375 | $185,000 | $20,000 | $165,000 |
| 2023 | $2,483 | $185,000 | $20,000 | $165,000 |
| 2022 | $1,786 | $131,290 | $20,000 | $111,290 |
| 2021 | $1,899 | $131,290 | $20,000 | $111,290 |
| 2020 | $1,691 | $123,090 | $14,000 | $109,090 |
| 2019 | $1,651 | $123,090 | $14,000 | $109,090 |
| 2018 | $1,630 | $123,090 | $14,000 | $109,090 |
| 2017 | $1,604 | $123,090 | $14,000 | $109,090 |
| 2013 | $490 | $48,950 | $6,000 | $42,950 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $297,500 | +60.8% | $146 / Sq Ft | |
| 02/08/2022 02/08/22 | Sold | $185,000 | -7.5% | $91 / Sq Ft | View Prior Sale |
| 01/11/2022 01/11/22 | Pending | -- | -- | -- | |
| 01/09/2022 01/09/22 | Price Changed | $199,900 | -7.0% | $98 / Sq Ft | |
| 12/29/2021 12/29/21 | For Sale | $215,000 | -- | $105 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $185,000 | Harpole John W |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $148,000 | New Conventional |
Source: Metro Search, Inc.
MLS Number: 1714795
APN: 016K00760000
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.