516 Colorado Ave

Louisville, KY
$ 175,000 Beds 3 Baths 2 Sq 1,230
Monthly Estimate* How much can I afford?

This wonderful 3 bedroom, 2 full bath house is walking distance to the University of Louisville with easy access to downtown, the medical complex, sporting events, the international airport, and a short drive to The Highlands and Nulu. The bedrooms are all a nice size and have private access. This house features beautiful newly refinished hardwood floors, central air, a remodeled kitchen, remodeled bathrooms, dishwasher, microwave, stove, refrigerator and washer and dryer. There is a large fenced in yard with a deck, an unfinished walkout basement and a one car garage. Laundry/mudroom are on conveniently located the first floor. Whether you're a first-time home buyer or investor, this would be a wonderful property for you.

Active Under Contract

  • Price
  • $ 175,000
  • City
  • Louisville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Jefferson
  • Half Bathrooms
  • 0
  • Area
  • Dtwn Old Louisville-Shively-West Lou
  • Lot Size
  • 0.12 Acres
  • Zip
  • 40208
  • Sqr Footage
  • 1,230
  • Year Built
  • 1930
  • Style
  • MLS#
  • 1726341
Listed By: Ardan Realty
Data Source: Metro Search, Inc.

Features

General

Heating Forced Air
Cooling Central Air
Utilities Electricity Connected,Fuel:Natural
Roof Shingle
Garage Spaces 1
Construction Materials Vinyl Siding
Year Built 1930
Stories Count 2
Property Subtype Single Family Residence
County Jefferson
Property Type Residential
HOA false
Attached Garage false
Subdivision Name THOMPSON PLACE
Garage Y/N true
Total Rooms 9
Full Baths 2
Status Active Under Contract
Directions Industry Drive to S. 5th to Colorado
City Louisville
MLS Area 01-Dtwn Old Louisville/Shively/West Lou
Lot Size Units Acres
Lot Size Square Feet 5227.2
MLS Area Minor 01-Dtwn Old Louisville/Shively/West Lou
Standard Status Active Under Contract
Tax Lot 00

Interior Features

Basement Walkout Unfinished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1230
Total Bedrooms 3
LivingAreaSource Other
Total Baths 2

Exterior Features

Fencing Chain Link
Parking Features Off Street,Detached
Lot Size Area 0.12
Foundation Details Poured Concrete
Building Area Total 1230
Lot Dimensions 40X130
Lot Size Acres 0.12

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Shelbyville, KY office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School
Middle School
High School Unknown High School

Price History

8/14/2026 Listed $175,000

Property vs Zip Code Average in 40208

Price
AVG $250K
$180K
Year Built
AVG 1930
1930

516 Colorado Ave Louisville, KY is a Single Family Home for sale at $175000 with 1230 sqft and a lot size of 0.12 Acres Acre(s). 516 Colorado Ave Louisville has 3 bedrooms, 2 baths and was built in 1930. The property's zip code is 40208 which is in Louisville, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.