1251 S Shelby St, Louisville, KY 40203 | MLS# 1699492

$ 425,000
1251 S Shelby St, Louisville, KY 40203,
Active Under Contract

Overview

  • Updated On:
  • October 16, 2025
  • 4 Bedrooms
  • 3.5 Bathrooms
  • 1,824 ft2

Description

Shelby Gausthaus — Commercially Zoned Short-Term Rental in the Heart of Louisville

Discover a rare opportunity with Shelby Gausthaus, a fully operational and permitted short-term rental ideally positioned in one of Louisville’s most dynamic corridors. With commercial zoning, this property is automatically approved for Airbnb permits — a huge advantage for investors looking to avoid regulatory uncertainty.

📍 Prime Location

Just minutes from Downtown Louisville, Churchill Downs, and the Kentucky Exposition Center / Fairgrounds.

Surrounded by some of the city’s hottest local spots — directly across from Toasty’s Tavern, and next door to Breeze Wine Bar and the Canary Club.

Address: 1251 S Shelby St, Louisville, KY 40203
State/County:
Zip: 40203
Country: United States
Open In Google Maps
Property Id : 4257505
Price: $ 425,000
Property Size: 1,824 ft2
Property Lot Size: 0 ft2
Rooms: 10
Bedrooms: 4
Bathrooms: 3.5
BathroomsFull: 3
InternetConsumerCommentYN: 1
TaxLot: 000
AboveGradeFinishedArea: 1824
BuildingAreaSource: Other
InternetAutomatedValuationDisplayYN: 1
BelowGradeFinishedArea: 0
StreetNumberNumeric: 1251
Roof: Shingle
ConstructionMaterials: Brick
ListAgentFullName: James Brown
InternetAddressDisplayYN: 1
ListAgentMobilePhone: 502-889-0122
OnMarketDate: 2025-10-14
BathroomsHalf: 1
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20151026192003279306000000
ListAgentLastName: Brown
Cooling: Central Air
FireplacesTotal: 0
StatusChangeTimestamp: September 30, 2025 at 02:25pm
ListAgentFirstName: James
PriceChangeTimestamp: October 2, 2025 at 02:13pm
MajorChangeType: Back On Market
LotSizeUnits: Acres
DocumentsCount: 0
LotSizeSquareFeet: 4356
ListingId: 1699492
YearBuilt: 1906
SourceSystemName: APEX MLS (Greater Louisville Association of REALTORS®)
SourceSystemKey: 20250930141146183270000000
ArchitecturalStyle: Camelback
Basement: Cellar
StateOrProvince: KY
ListOfficeName: RE/MAX Premier Properties
OriginatingSystemKey: 20250930141146183270000000
VideosCount: 0
PhotosCount: 37
PhotosChangeTimestamp: September 30, 2025 at 02:28pm
BuildingAreaTotal: 1824
Stories: 2
OriginatingSystemName: APEX MLS (Greater Louisville Association of REALTORS®)
Utilities: Electricity Connected
OriginalListPrice: 400000
Sewer: Public Sewer
ListingContractDate: 2025-09-30
StreetSuffix: St
OriginatingSystemID: M00000290
StreetNumber: 1251
StreetName: Shelby
ListAgentEmail: ryan@ryanbrownrealestate.com
ModificationTimestamp: October 16, 2025 at 03:19pm
ListOfficeMlsId: 21807
MlsStatus: Active Under Contract
TaxBlock: 000
LotSizeArea: 0.1
SourceSystemID: M00000290
ParcelNumber: 025D00080000
ListAgentMlsId: 23703
ParkingFeatures: On Street, Entry Rear
AssociationFee: 0
DocumentsChangeTimestamp: 2025-09-30T14:25:24Z
Heating: Forced Air, Natural Gas
StreetDirPrefix: S
MajorChangeTimestamp: October 14, 2025 at 04:30pm
Directions: Headed south on Shelby, property is on your right.
MLSAreaMajor: 02-Butchertwn/Hghlnds/Germantwn
LivingAreaSource: Other
MLSAreaMinor: 02-Butchertwn/Hghlnds/Germantwn
WaterSource: Public
Other Features
Has Cooling System
Has Heating System
$ 2,179.06
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,647.81
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