320 E College St — Commercially Zoned Rental Opportunity Discover a unique investment in the heart of Louisville! This commercially zoned property is already operating as a successful mid-term rental, primarily serving travel nurses and professionals. With its zoning, it also qualifies for short-term rental use, offering tremendous upside for Airbnb/VRBO operators. The property features multiple bedrooms and baths across a spacious historic layout, with modern updates and furnished interiors. Guests and tenants enjoy proximity to downtown, UofL, medical centers, and entertainment hubs.
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This home is offered at $180 per square foot, compared with a $154 median for active five-or-more-bedroom homes in Louisville. Its asking price falls near the 63rd percentile of that active group. The comparison uses 263 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every property type and size together.
The property has been tracked for 0 days, while the current cohort averages 30 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $42,750, and the median is $33 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 500 E Kentucky St, Louisville, KY 40203 | Jun 13, 2026 | 3 bd · 1,168 sqft | $56,500 | 0.4 mi |
| 711 Speckert Ct, Louisville, KY 40203 | Jun 13, 2026 | 3 bd · 1,470 sqft | $81,000 | 0.5 mi |
| 955 S Shelby St, Louisville, KY 40203 | Jun 13, 2026 | 2 bd · 1,036 sqft | $27,000 | 0.6 mi |
| 420 W Breckinridge St 2C, Louisville, KY 40203 | Jun 13, 2026 | 2 bd · 1,600 sqft | $63,500 | 0.6 mi |
| 712 Baroness Ave, Louisville, KY 40202 | Jun 13, 2026 | 3 bd · 2,224 sqft | $23,000 | 0.6 mi |
| 501 E Oak St, Louisville, KY 40203 | Jun 13, 2026 | 3 bd · 1,368 sqft | $57,900 | 0.6 mi |
| 728 E Chestnut St, Louisville, KY 40202 | Jun 13, 2026 | 2 bd · 2,292 sqft | $12,500 | 0.6 mi |
| 1004 S Shelby St, Louisville, KY 40203 | Jun 13, 2026 | 2 bd · 1,178 sqft | $29,000 | 0.6 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
$669,0001164 S Brook St, Louisville, KY 40203 · 4,860 sqft
$675,00014712 Forbes Cir, Louisville, KY 402455 bd · 4.0 ba · 3,956 sqft
$665,0004029 Saint Ives Ct, Louisville, KY 402074 bd · 2.0 ba · 2,540 sqft
$665,00012614 Valley Pine Dr, Louisville, KY 402994 bd · 4.0 ba · 3,532 sqft
$675,0003900 Altawood Ct, Louisville, KY 402454 bd · 3.0 ba · 3,008 sqft
$675,0005409 Pueblo Rd, Louisville, KY 402074 bd · 3.0 ba · 4,055 sqft
View all Louisville homes for sale · See the Louisville market report
