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6 Air Bnb Units & 3 Office/Retail Units

1496 S Shelby St, Louisville, KY 40217

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Overview

Prime Mixed-Use Investment Opportunity

Discover a turnkey investment in the heart of a thriving area full of restaurants, coffee shops and Logan Street Market. Walking Distance to the University of Louisville and all of the hot spots in Germantown. This property features 5 fully operational and renovated Airbnb units, with the potential for a 6th short-term rental currently occupied by a long-term tenant.

The building also includes 3 leased office spaces, offering stable, ongoing rental income. With 8 dedicated parking spaces, the property supports both residential and commercial tenants with ease.

All 5 Airbnb units have been thoughtfully renovated to modern standards, including updated kitchens with gas stoves and quartz countertops, bathrooms, flooring, and fixtures, ensuring comfort for short-term guests and long-term occupants alike.

Whether you're an investor seeking immediate cash flow or a buyer looking to expand a short-term rental portfolio, this property is a rare and unique find with income-generating potential across multiple streams.

Highlights:

5 turnkey Airbnb units (potential for 6)

1 long-term residential tenant

3 fully leased office spaces

8 off-street parking spaces

Recent renovations throughout (2022)

High-demand location for both commercial and short-term stays

For Sale

Multifamily
Sale Price
$1,350,000
Price Per SF
$167.00/SF
Building Size
8,084 SF
Acres
0.193 ac
Zoning
C1
Showing
Contact Broker
# of Buildings
1
Floors
3
Year Built
1890
Year Renovated
2022
Construction Type
Framed
Parking Spaces
8
Rentable SF
2,702
Property Status
Existing
Lot Size
45' x 185'
In Opportunity Zone
Yes
Drive-In Number
1
Power Provider
City - LG & E
Water Provider
City - Louisville Water
Sewer Provider
City - MSD
Gas Provider
City - LG & E
County
Jefferson
Listed
05/08/2025
Updated
05/27/2025
Listing ID
0ec1a1ae
Parcel APN
023K00380000