2122 Bonnycastle Ave, Louisville, KY 40205
2122 Bonnycastle Ave, Louisville, KY 40205
2122 Bonnycastle Ave, Louisville, KY 40205
2122 Bonnycastle Ave, Louisville, KY 40205
2122 Bonnycastle Ave, Louisville, KY 40205
2122 Bonnycastle Ave, Louisville, KY 40205
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Austyn Cheatham

Austyn Cheatham

+1(859) 715-0745
$ 574,900
Est. payment | /mo

7 Beds

1 Bath

3,937 SqFt

Save
$ 574,900
Est. payment | /mo
Save

7 Beds

1 Bath

3,937 SqFt

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

Greater Louisville MLS (Metro Search Inc)
Copyright 2026 Metro Search, Inc.
Listed by Semonin Realtors

Nearby Locations

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Austyn Cheatham
Austyn Cheatham

REALTOR® | License ID: 264658

+1(859) 715-0745 | austyn.cheatham95@gmail.com

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2122 Bonnycastle Ave