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909 E Gray St, 
Louisville, KY 40204

$297,500


2

Beds


2

Baths


2,044

Sq Ft


Single Family

Active

Listed by

Shannon L Barrett

Homepage Realty

502-690-6685

Last updated:

April 20, 2026, 09:44 PM

MLS#

1714795

Source:

KY MSMLS

About This Home

909 E Gray St

Located in the heart of Phoenix Hill, 909 E Gray Street presents an exceptional investment opportunity with four years of strong, proven short-term rental performance. This charming property includes a conditional use permit transferable to the new owner—making it a true turnkey, income-producing asset from day one, with furnishings available to remain. The numbers speak for themselves: the property has generated over $100,000 annually in short-term rental revenue from 2023-2025, with continued strong performance into 2026. Detailed financials are available upon request. The home features three spacious bedrooms and two full bathrooms, along with a dedicated laundry area for added convenience. Inside, you'll find thoughtful updates throughout, including all new flooring (2022), new appliances (2022), plus refreshed paint and stylish wallpaper that enhance the home's appeal for guests and owners alike. A new roof was installed in May 2023, adding long-term value and peace of mind. Step outside to a low-maintenance backyard designed for relaxation and entertaining. A large deck anchors the space, complete with a built-in hot tub, grilling area, and privacy fence—creating an inviting outdoor retreat that helps drive strong guest reviews and repeat bookings. The property is situated on a quiet street with ample parking, an added bonus for guests and owners alike. With consistent standout revenue, this property is a rare, hassle-free investment in a high-demand area. Whether you're expanding your portfolio or entering the short-term rental market, this is a no-brainer opportunity you won't want to miss.

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1900

Price Summary

297,500

$145 per Sq. Ft.

MLS #:

1714795

Last Updated:

April 20, 2026, 09:44 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,044 Sq. Ft.


Structure

Structure

Building Area:

2,044 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$297,500

Price per Sq. Ft:

$145 per Sq. Ft.

Source:KY MSMLS
The information being provided by Greater Louisville Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Louisville Association Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.