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

516 E Ormsby Ave
Louisville, KY 40203

Shelby Park
  • 2 Beds
  • 2,158 sqft

$331,000

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $2,012/mo*
Refinance Your Home

$331,000

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $2,012/mo*
Refinance Your Home
2 Beds
2,158 sqft

Home Value

Trulia Estimate
$331K
Since last month
Increased$600 (+0.2%)
Since last year
Decreased$23K (-6.6%)
Since last sale
Increased$49K (+17.2%)
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 +108% in the last 10 years
MonthEstimated value
2026
August 2026$331K
July 2026$333K
June 2026$330K
May 2026$329K
April 2026$328K
March 2026$332K
February 2026$348K
January 2026$343K
2025
2024
2023
2022
2019

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
501 Marret Ave, Louisville, KY
0.05
Multi-Family Home
$235,000
10/27/25
2
2
1,161
637 E Ormsby Ave, Louisville, KY
0.16
Multi-Family Home
$225,000
07/13/26
4
2
2,168
213 Woodbine St, Louisville, KY
0.36
Multi-Family Home
$425,000
12/01/25
5
4
2,732
530-532 E Burnett Ave, Louisville, KY
0.33
Multi-Family Home
$350,000
01/13/26
4
2
1,800
1462 S Brook St, Louisville, KY
0.54
Multi-Family Home
$260,000
04/27/26
3
2
1,846
1344 S Brook St, Louisville, KY
0.41
Multi-Family Home
$315,000
09/08/25
5
3
2,230
407 Gernert Ct, Louisville, KY
0.46
Multi-Family Home
$300,000
07/13/26
3
2
1,352
1027 Samuel St, Louisville, KY
0.68
Multi-Family Home
$324,000
12/15/25
3
3
1,956
210 Saint Joseph St, Louisville, KY
0.46
Multi-Family Home
$398,550
03/27/26
4
3
2,574
1604 S Shelby St, Louisville, KY
0.64
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
524 E Ormsby Ave, Louisville, KY 40203
0.02
$244,000
3
2
1,589
Recently Sold
528 E Ormsby Ave, Louisville, KY 40203
0.03
$310,700
3
2
1,852
Off Market
511 Marret Ave, Louisville, KY 40208
0.03
$114,100
2
1
1,056
Off Market
514 E Ormsby Ave, Louisville, KY 40203
0.00
$329,000
3
2.5
1,750
For Sale
538 E Ormsby Ave, Louisville, KY 40203
0.05
$198,000
2
2
1,180
Recently Sold
510 E Ormsby Ave, Louisville, KY 40203
0.01
$252,200
2
1
1,296
Off Market
501 Marret Ave, Louisville, KY 40208
0.05
$235,000
2
2
1,161
Recently Sold
445 Marret Ave, Louisville, KY 40208
0.06
$195,000
2
2
1,007
Recently Sold
527 E Ormsby Ave, Louisville, KY 40203
0.05
$249,000
2
2
1,193
Recently Sold
437 Marret Ave, Louisville, KY 40208
0.06
$177,600
2
1
1,019
Off Market
509 E Ormsby Ave, Louisville, KY 40203
0.04
$267,300
3
2.5
1,350
Off Market
541 E Ormsby Ave, Louisville, KY 40203
0.07
-
Studio
-
3,440
Off Market

Local Information

  • Map ViewExplore the area around 516 E Ormsby Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1895
Living Area
2,158 sqft
Price/Sqft
$153

About this House

Shelby Park quad-plex featuring two 1 bed 1 bath and two 2 bed 1 bath units! Currently all occupied and managed by Premier Property Management. Units have separate meters. You will love all of the improvements that have been made to the units - paint, flooring, kitchen and bath updates, and more! Call with any questions.
516 E Ormsby Ave, Louisville, KY 40203 is a 2 bedroom, 2,158 sqft multi-family in Shelby Park, built in 1895. It last sold for $282,500 on Feb 22, 2023. More recently, it was listed as a rental in December 2019 with an asking price of $650 per month. That rental listing was removed on January 21, 2020. It is currently off market. The Trulia Estimate is $331,000, with a rent estimate of $915/month.

Home Details for 516 E Ormsby Ave

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Appliances & Utilities
Refrigerator

Property Information

Year Built
Year Built: 1895
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Exterior: Vinyl
Parking & Garage
Parking Spaces: 2

Community

Units in Building: 4

Lot Information

Lot Area: 3598 sqft

Price and Tax history

DateEventPrice
Feb 22, 2023
Source: Metro Search Inc. LLC DBA Apex MLS #1628304
Sold
$282,500
Jan 10, 2023
Source: RE/MAX International #1628304
Pending
$274,900
Jan 10, 2023
Source: Metro Search Inc. LLC DBA Apex MLS #1628304
Contingent
$274,900
Jan 5, 2023
Source: Metro Search Inc. LLC DBA Apex MLS #1628304
Listed For Sale
$274,900
Apr 28, 2021
Source: Metro Search Inc. LLC DBA Apex MLS #1582611
Sold
$205,000

Market trends in Louisville

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

Neighborhood Overview

Shelby Park
See Local Highlights
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."
    0
    Flag
  • 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"
    0
    Flag
  • 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 "
    2
    Flag
  • Shores4now
    "Great area close to downtown and other areas of interest lots of local restaurants and art galleries are near by "
    2
    Flag
  • 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."
    25
    Flag

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Homes for sale near 516 E Ormsby Ave

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Off Market Homes Near 516 E Ormsby Ave

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Frequently asked questions about 516 E Ormsby Ave

  • What is 516 E Ormsby Ave estimated to be worth?
    Trulia's estimated value for 516 E Ormsby Ave in Louisville, KY is $331,000.
  • What is the price history for 516 E Ormsby Ave?
    516 E Ormsby Ave in Louisville, KY last sold for $282,500 in February 2023.
  • 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.
  • Does 516 E Ormsby Ave have parking?
    Yes, 516 E Ormsby Ave in Louisville, KY has on-site parking.