See all 33 photos
33 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$574,900
Est. payment /mo
7 Beds
1 Bath
3,937 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,937 sqft
Price per Sqft $146
Subdivision Highlands
MLS Listing ID 1708619
Bedrooms 7
HOA Y/N No
Abv Grd Liv Area 3,137
Year Built 1913
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 3137
Property Description
Opportunity knocks in one of Louisville's most desirable pockets: 2122 Bonnycastle Ave (Parkside) is a value-add, 6-unit multifamily with a location that does the heavy lifting and upside that does the talking. Each unit features a spacious 1 bed / 1 bath layout with large living rooms, offering a solid foundation for repositioning and rent growth. The property is currently producing over $4,000/month in rental income with two units vacant, giving investors immediate runway to stabilize occupancy and raise performance. A rare bonus for tenants and future marketability: a 4-car carport, plus room to further enhance the asset with smart, income-producing upgrades. Want more ways to get paid? Explore additional revenue streams by converting Unit 6 into a shared amenity space with coin laundry, tenant storage, and/or vending, or consider alternative uses such as a non-conforming studio-style space (buyer to verify). The two basement units are non-conforming due to ceiling height, making this an ideal play for investors who understand creative optimization and long-term value creation. Yes, it needs some updates, which is exactly why the next owner gets to buy the upside. Renovate, improve operations, add amenities, and turn this into the kind of building that becomes the jewel of your investment portfolio. Showings by appointment. Do not disturb tenants.
Location
State KY
County Jefferson
Direction From Bardstown Rd, turn onto Bonnycastle Ave. The home will be on the right side of the street.
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Porch Deck, Porch
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame,Aluminum Siding
Read Less Info
Copyright 2026 Metro Search, Inc.
Listed by Semonin Realtors
Nearby Locations
GET MORE INFORMATION