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184 1/2 State St, Louisville, KY 40206

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For Sale

$369,000

3 beds2 baths1,552 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Single Family Detached
    Property type

  • $237.76
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This fully furnished turnkey Airbnb in Crescent Hill has been a top-rated rental since 2019 with a 4.93 guest rating, offering 3 bedrooms, 2 full baths including a first-floor primary suite, an updated kitchen with new appliances, refinished hardwood floors, and new LVP in the bedrooms. The inviting front and rear outdoor spaces provide ideal areas for relaxation and entertaining, while the garage generates additional income at $100 per month. Located in the historic Clifton preservation district, the property is eligible for Kentucky historic tax credits of up to 30% back on improvement projects between $20,000 and $400,000 for qualifying work. This sale includes all contents and furnishings, so you can step into immediate profitability from day one. The annual Airbnb registration fee of $250 keeps vacation rental options active and allows for future resale as an Airbnb or owner-occupied residence. The financials reflect strong performance, with an average net income of $31,450.87 from Airbnb operations (not including garage rent), and if you continue renting the garage, total net income increases by an additional $1,200 per year, further improving returns. Airbnb Listing: www.airbnb.com/rooms/41556120 (CUP: 19-CUP-0247)
MLS# 1696324

Courtesy Of eXp Realty

(888) 624-6448

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Patio
  • Architecture Style
    Other
  • Exterior Type
    Brick, Vinyl Siding
  • Heating System
    Forced Air
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

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