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

507 E Ormsby Ave
Louisville, KY 40203

Shelby Park
  • 2 Beds
  • 2,142 sqft

$218,000

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,350/mo*

$218,000

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,350/mo*
2 Beds
2,142 sqft

Home Value

Trulia Estimate
$218K
Since last month
Increased$10K (+4.8%)
Since last year
Increased$23K (+12%)
Since last sale
Increased$100K (+87.2%)
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 +80% in the last 10 years
MonthEstimated value
2026
August 2026$215K
July 2026$213K
June 2026$205K
May 2026$204K
April 2026$211K
March 2026$193K
February 2026$195K
January 2026$207K
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
0.18
Multi-Family Home
$225,000
07/13/26
4
2
2,168
0.35
Multi-Family Home
$425,000
12/01/25
5
4
2,732
0.55
Multi-Family Home
$260,000
04/27/26
3
2
1,846
0.37
Multi-Family Home
$350,000
01/13/26
4
2
1,800
0.40
Multi-Family Home
$315,000
09/08/25
5
3
2,230
0.42
Multi-Family Home
$398,550
03/27/26
4
3
2,574
0.49
Multi-Family Home
$300,000
07/13/26
3
2
1,352
0.71
Multi-Family Home
$324,000
12/15/25
3
3
1,956
0.68
Multi-Family Home
$260,000
12/30/25
4
2
2,100

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
0.01
$267,300
3
2.5
1,350
Off Market
0.06
$277,600
3
2
2,022
Off Market
0.04
$251,200
2
1
1,296
Off Market
0.06
$231,000
3
2.5
3,700
Recently Sold
0.04
$329,000
3
2.5
1,750
For Sale
0.08
$176,800
2
1
1,019
Off Market
0.05
$249,000
2
2
1,193
Recently Sold
0.05
$217,200
2
1
1,018
Off Market
0.06
$244,000
3
2
1,589
Recently Sold
0.08
$235,000
2
2
1,161
Recently Sold
0.06
$212,100
2
2
1,760
Off Market
0.07
$114,100
2
1
1,056
Off Market

Local Information

  • Map ViewExplore the area around 507 E Ormsby Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Living Area
2,142 sqft
Price/Sqft
$102

About this House

OPEN SATURDAY, 10/16/21 FROM 3-4 PM. Opportunity is knocking with this one. Located on a block and in a neighborhood where investments are happening. Currently used as a duplex this could be rehabbed as a great BRRRR or remodeled into a single-family flip or hold. Shelby Park is a great location offering access to great parks, restaurants, bars, and shops. So much possibility with this house!
507 E Ormsby Ave, Louisville, KY 40203 is a 2 bedroom, 2,142 sqft multi-family in Shelby Park, built in 1900. It last sold for $115,000 on Dec 1, 2021. It is currently off market. The Trulia Estimate is $218,000, with a rent estimate of $983/month.

Home Details for 507 E Ormsby Ave

Interior Features

Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Floors: Other

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: Crawl RaisedPatio

Property Information

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

Lot Information

Lot Area: 3659 sqft

Price and Tax history

DateEventPrice
Dec 1, 2021
Source: Metro Search Inc. LLC DBA Apex MLS #1598694
Sold
$115,000
Oct 18, 2021
Source: Metro Search Inc. LLC DBA Apex MLS #1598694
Pending
$120,000
Oct 15, 2021
Source: Metro Search Inc. LLC DBA Apex MLS #1598694
Listed For Sale
$120,000

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

  • 40 % 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 507 E Ormsby Ave

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Off Market Homes Near 507 E Ormsby Ave

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Frequently asked questions about 507 E Ormsby Ave

  • What is 507 E Ormsby Ave estimated to be worth?
    Trulia's estimated value for 507 E Ormsby Ave in Louisville, KY is $218,000.
  • What is the price history for 507 E Ormsby Ave?
    507 E Ormsby Ave in Louisville, KY last sold for $115,000 in December 2021.
  • 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.