See Home Value
$553,214*
Multifamily - Off Market

552 Eastern Pkwy

Louisville, KY 40217
bedrooms
Studio
bathrooms
2 Baths
square feet
2816 Sqft
$338,000 - $412,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Run! This is your chance to own a legal Airbnb in the HOT Germantown area! Fully renovated in 2016! New owner will enjoy updates such as: TPO commercial grade roof, 2 HVAC systems, 2 new electric panels, new pex water lines throughout, gutters, and 40+ new double paned windows. Classically remodeled kitchens with updated cabinets, undermount sinks, granite counters and new appliances. Both bathrooms have been updated with added laundry hookups and stack washer/dryer, ceramic tile, updated lighting, and new vanities. Charming character has been preserved with this rehab. Come see the refinished hardwood floors with inlay borders and beautifully refinished front stairwell.  The fireplaces in each unit will make you want to call this place home. Ample parking is in the back, on a newly poured concrete pad for 3 cars. Both units are separately metered, have 2 nice size bedrooms, 1 bath and laundry in each unit. There are two stairwells making it ideal for renting this out as a duplex or whole house. First floor unit has a lovely front porch to enjoy the green Eastern Parkway. The upstairs unit has a private balcony. Freshly painted throughout and professionally staged this duplex will not disappoint. The unfinished basement is clean and newly painted, offering plenty of storage. There is a total of 11 closets. These updates, at this list price, are EXTREMELY RARE to find! Income potential are so high for this property with lots of room to improve, with the short-term rental potential! Currently operating and professionally managed as a licensed Airbnb (short-term rental). Making this investment a turn key, money making operation. It has a CUP (conditional use permit) that will transfer to the next owner. Also, would be an excellent opportunity for anyone wanting to live in one unit and have a long term/short term rental business in the other unit. This duplex is a winner for short term or long-term rentals business; being so close to Fairgrounds/Expo Center, UofL, Churchill downs, convention center, YUM Center, 65, all the hip restaurants, and bars. With a short Uber ride to the highlands, downtown, and the airport.  Come be a savvy investor and start making some money today!

The manager has listed the unit size as 2816 square feet.
Unit Size
2,816Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Jul 12, 2019 Sold to Wayne W Esterle $360,000
Sold to Wayne W Esterle
May 31, 2019 No longer available -
No longer available
May 17, 2019 Listed $375,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
Stu
-
4,323 ft²
$95/ft²
$410,000 Sep 12, 2023
-
-
House
3 Beds
3.5 Baths
1,649 ft²
$218/ft²
$359,900 Apr 11, 2024
-
-
House
3 Beds
2 Baths
1,630 ft²
$224/ft²
$365,000 Jan 13, 2024
-
-
In Contract
House
3 Beds
2 Baths
1,820 ft²
$165/ft²
$300,000 Mar 27, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190517
05/17/2019
Studio
2 Bath
2816 ft²
$375,000
bedrooms
Studio
bathrooms
2 Bath
square feet
2816 ft²
$360,000 -4.00%
07/12/2019
Christina B Neubauer

Building Info

552 Eastern Parkway 552 Eastern Parkway, Louisville, KY 40217
More about this Building
552 Eastern Parkway
Want to find out who owns 552 Eastern Parkway, Louisville, KY 40217? Get detailed property transactions here .

About Central Louisville


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