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2 Beds
2 Baths
958 sqft

$315,000

1446 Hickory St, Louisville KY, 40217

Price per sqft$328.81
Built in1925
Property size958 sqft
Property typeResidential

Overview

Active

Listed Nov 9, 2026

Updated 2 days ago

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.

$2,096/mo

Est. mortgage payment based on a $315,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1734146

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Courtesy of EXP Realty LLC, Jonathan D Klunk
Listing Contact: [email protected] 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Greater Louisville Association of REALTORS held by brokerage firms other than We Sell Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.

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Data last updated 4:35 AM UTC, 11/11/2026



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