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$315,000
Est. payment /mo
1 Bed
2 Baths
958 SqFt
New
1446 Hickory St Louisville, KY 40217
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 958 sqft
Price per Sqft $328
Subdivision Germantown
MLS Listing ID 1734146
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 958
Year Built 1925
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type Single Family Residence
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 958
Property Description
An established short-term rental with growing revenue, substantial improvements, and possibilities beyond hospitality. This furnished 2-bedroom, 1.5-bath property delivers versatility in a compact package, combining a strong neighborhood location, good street visibility, and C-1 commercial zoning. The seller reports more than $80,000 in improvements since purchase, and owner-owned rooftop solar panels convey with the sale, helping reduce utility costs. The income is equally compelling: reported gross revenue exceeded $51,000 through October 2026, already surpassing $42,750 for all of 2025, with two months remaining. Furniture is included, and the estimated self-managed pro forma cap rate approaches 10%, including cleaning expenses.* Continue the existing hospitality operation without starting from an empty property, with additional cash-flow potential for an owner who handles cleaning personally. C-1 zoning adds another dimension to the opportunity. Excellent for a salon, professional office, photography studio, gallery, or select retail use. The two bedrooms could serve as private offices, offering a practical starting point for a future business layout. Keep the property working as an STR today or pursue a different direction as your plans evolve. One off-street parking space is included. The adjacent side courtyard belongs to the neighboring property and is not included in the sale. An income-producing property with furnishings in place, solar savings, and commercial flexibility. Estimated 9.58% self-managed pro forma cap rate is based on annualized January-October 2026 operating results and estimated property taxes, property insurance, and utilities. Includes paid cleaning expenses; excludes third-party management fees.
Location
State KY
County Jefferson
Direction Eastern Pkwy towards UofL, right on Goss Ave., left on Hickory
Rooms
Basement Unfinished
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street
View Y/N No
Roof Type Shingle
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame

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Listed by EXP Realty LLC
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