$615,000
 $3,492 est/mo Sourced by Back At You
Source MLS Verified

703 Rubel Ave,Louisville, KY 40204

Louisville, KY 40204

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Description

Back on the Market at No Fault of the Seller - Turnkey Highlands Investment with OR-3 Zoning Income-producing property in the heart of the Highlands, currently operating as a successful short-term rental with professional third-party management in place. Flexible OR-3 zoning allows continued STR use, office space, live/work, or single-family residence. Layout includes 3 bedrooms, 3.5 baths, seven private rooms ideal for offices or guest suites, multiple common areas, a large central conference/dining space, and two full kitchens. Major updates done: brand-new roof and several new windows within the last year. Minutes from Bardstown Road. Turnkey Louisville investment with location, condition, and zoning flexibility - schedule your showing today! Property is currently operating as an active short-term rental under professional third-party property management; management contract details and income history available to qualified buyers upon request. Recent capital improvements include a brand-new roof (installed 2026 while under previous contract) and multiple new windows replaced within the past year. OR-3 (Office/Residential) zoning permits a wide range of uses including office, professional services, multi-family, and residential - buyer to verify intended use with Louisville Metro Planning & Design. Two full kitchens and seven private rooms make the property well suited for conversion or continued rental operation. Property is being sold as-is. Please allow advance notice for showings to accommodate active STR guest bookings; contact listing agent to schedule.

Details

MLS #1712372
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1899
Days On Site179
Listing Provided ByWinner Realty | Madison Meredith

Features

Bed(s)3
Bath(s) 4 Total
SQ Feet4,026
BasementY
Story(s)2
Acreage0.07

Area Information

StateKY
CountyJefferson
CityLouisville
Zip Code40204
Area02 Butchertwn | Hghlnds | Germantwn
Listing VS Median (in 40204)
Price:
$615,000
low | high
Med:
$325,000
97.154471544715% of Average
sqft:
4,026
low | high
Med:
1,619
100% of Average
$ / sqft:
$153
low | high
Med:
$201
18.24166653232% of Average
On site:
179
low | high
Med:
66
100% of Average
Sourced by Back At You

Market Activity 40204

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Learn More About This Property

StateKY
CountyJefferson
CityLouisville
Zip Code40204
Area02 Butchertwn | Hghlnds | Germantwn
Listing VS Median (in 40204)
Price:
$615,000
low | high
Med:
$325,000
97.154471544715% of Average
sqft:
4,026
low | high
Med:
1,619
100% of Average
$ / sqft:
$153
low | high
Med:
$201
18.24166653232% of Average
On site:
179
low | high
Med:
66
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $461K - $768K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
1222 E Broadway Property Photo 1
$525,000
1222 E Broadway
Louisville, KY 40204
Listing Updated: September 3, 2026 at 4:40:21 PM PDT