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

541 E Ormsby Ave
Louisville, KY 40203

Shelby Park
  • Studio
  • 3,440 sqft
Studio
3,440 sqft

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
637 E Ormsby Ave, Louisville, KY
0.10
Multi-Family Home
$225,000
07/13/26
4
2
2,168
501 Marret Ave, Louisville, KY
0.12
Multi-Family Home
$235,000
10/27/25
2
2
1,161
213 Woodbine St, Louisville, KY
0.43
Multi-Family Home
$425,000
12/01/25
5
4
2,732
603 E Hill St #A & B, Louisville, KY
0.42
Multi-Family Home
$500,000
08/06/26
6
4
3,000
530-532 E Burnett Ave, Louisville, KY
0.37
Multi-Family Home
$350,000
01/13/26
4
2
1,800
1344 S Brook St, Louisville, KY
0.48
Multi-Family Home
$315,000
09/08/25
5
3
2,230
210 Saint Joseph St, Louisville, KY
0.48
Multi-Family Home
$398,550
03/27/26
4
3
2,574
1462 S Brook St, Louisville, KY
0.61
Multi-Family Home
$260,000
04/27/26
3
2
1,846
1027 Samuel St, Louisville, KY
0.62
Multi-Family Home
$324,000
12/15/25
3
3
1,956
1420 S 1st St, Louisville, KY
0.62
Multi-Family Home
$442,000
12/30/25
7
4
3,736

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
536 Camp St, Louisville, KY 40203
0.03
$266,000
2
2
1,552
Off Market
530 Camp St, Louisville, KY 40203
0.04
$144,900
2
1
970
For Sale
527 E Ormsby Ave, Louisville, KY 40203
0.03
$249,000
2
2
1,193
Recently Sold
524 Camp St, Louisville, KY 40203
0.05
$230,300
2
1
1,018
Off Market
538 E Ormsby Ave, Louisville, KY 40203
0.04
$198,000
2
2
1,180
Recently Sold
610 E Ormsby Ave, Louisville, KY 40203
0.05
$214,400
2
1
832
Off Market
528 E Ormsby Ave, Louisville, KY 40203
0.05
$308,600
3
2
1,852
Off Market
612 E Ormsby Ave, Louisville, KY 40203
0.06
$209,600
2
1
1,079
Off Market
622 Camp St, Louisville, KY 40203
0.07
$272,800
3
2
1,440
Off Market
524 E Ormsby Ave, Louisville, KY 40203
0.05
$244,000
3
2
1,589
Recently Sold
625 E Ormsby Ave, Louisville, KY 40203
0.07
$189,500
3
1
1,080
Recently Sold

Local Information

  • Map ViewExplore the area around 541 E Ormsby Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1906
Living Area
3,440 sqft
Parking
Garage
HOA
None

About this House

An exceptional development opportunity in the heart of Shelby Park. This corner commercial unit, with C2 zoning, is strategically located 3 blocks from Shelby Street, surrounded by a thriving residential community. The property's prime location offers an unparalleled opportunity for investors and developers. This property presents a unique canvas with variances already secured for the demolition and reconstruction of an accessory rear unit and a front exterior awning.

Priced competitively, this property offers diverse potential uses, including residential units, short-term rentals (Airbnb), and/or commercial uses. Its adaptable layout and zoning designation provide a rare chance to capitalize on the burgeoning demand for mixed-use spaces in this sought-after neighborhood.
541 E Ormsby Ave, Louisville, KY 40203 is a studio, 3,440 sqft multi-family in Shelby Park, built in 1906. It last sold for $152,500 on Oct 10, 2024 (8% below the $165,000 asking price). It is currently off market. The Trulia Estimate rent is $1,414/month.
Last check for updates: about 4 hours ago
Listed by Jonathan D Klunk
EXP Realty LLC
Bought with: James Brown, RE/MAX Premier Properties
Source: Metro Search Inc. LLC DBA Apex MLS, MLS#1660773

Home Details for 541 E Ormsby Ave

Interior Features

Dimensions and Layout
Living Area: 3440 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
Gas & Electric
Has Electric on Property
Levels, Entrance, & Accessibility
Levels: Tri-Level

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: PatioOther Structures: Outbuilding
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking Spaces: 1Parking: Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 3140 Square FeetFinished Area (below surface): 300 Square Feet

Property Information

Year Built
Year Built: 1906
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Construction Materials: Vinyl Siding, Wood FrameAttached To Another Structure
Property Information
Parcel Number: 023D01280000

Price & Status

Price
List Price: $165,000
Status Change & Dates
Off Market Date: Wed Sep 18 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: LouisvilleCommunity: Shelby Park

Building

Building Area
Building Area: 3140 Square Feet

HOA

No HOA

Lot Information

Lot Area: 3484.8 sqft

Miscellaneous

BasementMls Number: 1660773Above Grade Unfinished Area: 3140

Price and Tax history

DateEventPrice
Oct 10, 2024
Source: Metro Search Inc. LLC DBA Apex MLS #1660773
Sold
$152,500
Oct 5, 2024
Source: Metro Search Inc. LLC DBA Apex MLS #1660773
Pending
$165,000
Sep 23, 2024
Source: Metro Search Inc. LLC DBA Apex MLS #1660773
Contingent
$165,000
Sep 4, 2024
Source: Metro Search Inc. LLC DBA Apex MLS #1660773
PriceChange
$165,000
Price decreased by 11%
Aug 5, 2024
Source: Metro Search Inc. LLC DBA Apex MLS #1660773
PriceChange
$185,000
Price decreased by 3%

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

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

LGBTQ Local Legal Protections

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Metro Search, Inc.

Frequently asked questions about 541 E Ormsby Ave

  • What is the price history for 541 E Ormsby Ave?
    541 E Ormsby Ave in Louisville, KY last sold for $152,500 in October 2024.
  • 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.
  • What do residents say about the Shelby Park neighborhood?
    Residents describe the Shelby Park neighborhood in Louisville, KY as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Shelby Park, Louisville.

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