501 E  Ormsby Ave, Louisville, KY 40203
Property image
Property image
OFF MARKET

501 E Ormsby Ave
Louisville, KY 40203

Shelby Park
  • Studio
  • 1,296 sqft

$237,300

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,465/mo*

$237,300

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,465/mo*
Studio
1,296 sqft

Home Value

Trulia Estimate
$237K
Since last month
Increased$5K (+2.3%)
Since last year
Increased$42K (+21.2%)
Since last sale
Increased$157K (+196.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +235% in the last 10 years
MonthEstimated value
2026
August 2026$237K
July 2026$236K
June 2026$232K
May 2026$232K
April 2026$240K
March 2026$192K
February 2026$193K
January 2026$223K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Multi-Family Home
$235,000
10/27/25
2
2
1,161
0.20
Multi-Family Home
$225,000
07/13/26
4
2
2,168
0.34
Multi-Family Home
$425,000
12/01/25
5
4
2,732
0.37
Multi-Family Home
$350,000
01/13/26
4
2
1,800
0.49
Multi-Family Home
$300,000
07/13/26
3
2
1,352
0.81
Multi-Family Home
$105,000
08/25/25
1
1
675
0.38
Multi-Family Home
$315,000
09/08/25
5
3
2,230
0.54
Multi-Family Home
$260,000
04/27/26
3
2
1,846
0.41
Multi-Family Home
$398,550
03/27/26
4
3
2,574
0.44
Multi-Family Home
$500,000
08/06/26
6
4
3,000

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$267,300
3
2.5
1,350
Off Market
0.05
$277,600
3
2
2,022
Off Market
0.04
$251,200
2
1
1,296
Off Market
0.05
$231,000
3
2.5
3,700
Recently Sold
0.05
$329,000
3
2.5
1,750
For Sale
0.07
$176,800
2
1
1,019
Off Market
0.06
$249,000
2
2
1,193
Recently Sold
0.06
$217,200
2
1
1,018
Off Market
0.07
$244,000
3
2
1,589
Recently Sold
0.08
$235,000
2
2
1,161
Recently Sold
0.07
$212,100
2
2
1,760
Off Market
0.08
$114,100
2
1
1,056
Off Market

Local Information

  • Map ViewExplore the area around 501 E Ormsby Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Living Area
1,296 sqft
Price/Sqft
$183

About this House

Investment opportunity! This property features a duplex and a single family residence on same lot, fully occupied. Sold As-Is. Buyer and buyer's agent to verify all information on property including utilities. Seller has never lived in property and has no information to give. The seller owns an equitable interest in the subject property that will be converted into fee simple ownership on or prior to the closing. All inspections and due diligence to be complete prior to offer. CASH ONLY.
501 E Ormsby Ave, Louisville, KY 40203 is a studio, 1,296 sqft multi-family in Shelby Park, built in 1900. It last sold for $80,000 on Oct 23, 2018. It is currently off market. The Trulia Estimate is $237,300, with a rent estimate of $1,129/month.

Home Details for 501 E Ormsby Ave

Interior Features

Heating & Cooling
Heating: OtherHeating Fuel: Other
Appliances & Utilities
Cable Ready
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Other

Exterior Features

Exterior Home Features
Roof: CompositionExterior: WoodFoundation Type: Crawl RaisedPorch

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi FamilyArchitecture: Conventional

Community

Units in Building: 2

Lot Information

Lot Area: 3397 sqft

Price and Tax history

DateEventPrice
Oct 23, 2018
Source: Metro Search Inc. LLC DBA Apex MLS #1516672
Sold
$80,000
Oct 9, 2018
Source: Agent Provided
Listed For Sale
$80,000
May 3, 2007
Source: N/A
Sold
$20,000

Market trends in Louisville

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$260K
$1.5K
MoM
Sale-to-List Price
100.0%
0.3%
MoM
Price per sq ft
$165
$2
MoM
Available listings
3145
175
MoM
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Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Shelby Park

At least 47 Trulia users voted on each feature.
  • 94 % Say it's dog friendly

  • 92 % Say there are sidewalks

  • 71 % Say it's walkable to restaurants

  • 67 % Say car is needed

  • 65 % Say parking is easy

  • 60 % Say neighbors are friendly

  • 59 % Say there's holiday spirit

  • 59 % Say yards are well-kept

  • 52 % Say they plan to stay for at least 5 years

  • 44 % Say streets are well-lit

  • 43 % Say there's wildlife

  • 39 % Say there are community events

  • 35 % Say kids play outside

  • 35 % Say it's walkable to grocery stores

  • 32 % Say people would walk alone at night

  • 23 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "where I live is pretty nice. loud a bit when it comes to night with the ambulances. But the neighbors are sweet and the kids play outside."
  • Trulia User
    " I ride the Tarc Bus to and from work. Alot if times I get to work an to hrs late because there's not enough bus drivers and I wait out in cold and rainy weather"
  • Keishanna M.
    "Our extravaganza at Shelby Park hosted by Bates, and other churches in the community do health fairs, movie night in the park and things like that "
  • Shores4now
    "Great area close to downtown and other areas of interest lots of local restaurants and art galleries are near by "
  • mrandmrsajruszkiewicz
    "I have lived in Shelby Park for the past 7 years. The neighborhood is improving greatly and many homes are being remodeled and updated even now. The park is beautiful and a great place to take kids, walk the dog or exercise. Olmstead Parks is planting 127 new trees in the park which adds to the tranquility. Many new faces are moving in and adding to the urban feel of the neighborhood. A lot of the homes have great character. It is nice to see the improvements that are happening."

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Homes for sale near 501 E Ormsby Ave

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Off Market Homes Near 501 E Ormsby Ave

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Frequently asked questions about 501 E Ormsby Ave

  • What is 501 E Ormsby Ave estimated to be worth?
    Trulia's estimated value for 501 E Ormsby Ave in Louisville, KY is $237,300.
  • What is the price history for 501 E Ormsby Ave?
    501 E Ormsby Ave in Louisville, KY last sold for $80,000 in October 2018.
  • Is Louisville a buyer's or seller's market?
    Louisville is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Louisville?
    The median sale price in Louisville is $260K. That is up $1.5K from the prior month.