253 Thompson Ave, Louisville, KY, 40206
About This Home
Turnkey, fully renovated income-producing short-term rental opportunity! This beautifully rehabbed property is ready to generate immediate cash flow and comes fully furnished and stocked, making it a seamless addition to any investor's portfolio. The first floor features a spacious 3-bedroom, 2 full bathroom layout, thoughtfully updated with modern finishes and designed for comfort and functionality. The second floor offers a separate 1-bedroom, 1-bath unit, ideal for maximizing rental income through flexible booking options or multi-unit hosting. Every detail has been taken care of—all furniture, linens, appliances, cookware, and essentials will remain, allowing for a true plug-and-play investment from day one. The seller prefers to package this property with 255 Thompson, presenting A rare opportunity to acquire multiple income-producing STRs in one transaction and scale your portfolio instantly. Whether you're an experienced investor or entering the short-term rental market, this is a low-hassle, high-potential property you won't want to miss.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Pitched,Shingle
- Construction materials: Wood Frame,Aluminum Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Duplex
Interior
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Finished area below ground: 0
- Finished area above ground: 1,928
Heating & Cooling
- Heating features: Electric,Natural Gas
- Cooling features: Central Air,Wall/Window Unit(s)
Interior Area
- Total structure area: 1,928
- Total interior livable area: 1,928 sqft
Property
Details
- Parcel number: 05088A01750000
- Attached to another structure: Yes
Features
- Patio & porch: Deck,Patio,Porch
- Exterior features: Balcony
Lot
- Features: Easement,Sidewalk
- Lot size dimensions: 0
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Kentucky Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance * | $231 | $2,772 |
| Property Taxes | $444 | $5,328 |
| Electricity | $154 | $1,850 |
| Total | $2,851 | $34,212 |
Income You'd Need if You Spent...
Kentucky FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $400,000 |
| 2022-09-09 | Listing removed | -- |
| 2022-07-26 | Price change | $275,000 |
| 2022-07-15 | Listed for sale | $295,000 |
| 2009-08-12 | Sold | $150,000 |
| 2002-01-25 | Sold | $141,000 |
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