1101 Central Ave
Fully permitted short-term rental property at 1101 Central Avenue, Louisville, offering a turnkey Airbnb investment in one of the city's fastest-growing rental markets. The asking price is $425,000.
Built in 1954 and renovated in 1975, the 2,850 SF building features three bathrooms and has been newly remodeled to support premium nightly rates. The C-1 zoned property sits within walking distance of major Derby attractions—Churchill Downs, the Kentucky Exposition Center, and L&N Federal Credit Union Stadium—as well as the University of Louisville and the historic Old Louisville neighborhood. This central location positions the asset to capture demand from Derby visitors, traveling professionals, weekend tourists, and mid-term renters such as travel nurses.
The property operates with full flexibility: it can run as a dedicated Airbnb for maximum nightly revenue or pivot to furnished mid-term rentals to diversify income. The turnkey setup and high-traffic location make it well suited for investors seeking a hands-on or semi-passive income-producing hospitality asset.
- Fully permitted short-term rental in high-demand Airbnb market
- Walking distance to Churchill Downs and Kentucky Derby venues
- Newly remodeled, turnkey operation
- Flexible use: full-time Airbnb or furnished mid-term rentals
- Central location near University of Louisville and Old Louisville
Location
Located at 1101 Central Avenue, this fully permitted short-term rental property presents an exceptional investment opportunity in one of Louisville's fastest-growing Airbnb markets. The newly remodeled building features three bathrooms and is ideally positioned within walking distance of Kentucky Derby venues, including Churchill Downs, the Kentucky Exposition Center, and L&N Federal Credit Union Stadium. The property is also conveniently located near the University of Louisville and the historic, walkable neighborhood of Old Louisville.
Designed for strong income performance, the property is well suited for Derby visitors, traveling professionals, weekend tourists, and mid-term renters such as travel nurses. Its central location supports premium nightly rental rates and provides the flexibility to operate as either a full-time Airbnb or a furnished mid-term rental, making it an attractive opportunity for investors seeking a turnkey, income-producing asset in a high-demand market.