2114 Bonnycastle Ave, Louisville, KY 40205
2114 Bonnycastle Ave, Louisville, KY 40205
2114 Bonnycastle Ave, Louisville, KY 40205
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$749,000
Est. payment /mo
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8 Beds
5 Baths
5,200 SqFt
Price Dropped by $50K

2114 Bonnycastle Ave Louisville, KY 40205

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $144

MLS Listing ID 1714238

Style Traditional

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 5,200

Year Built 1925

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Quadruplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 5200

Property Description

Located in the heart of Louisville's highly desirable Highlands neighborhood, this exceptional four-plex is a rare opportunity on one of the city's most iconic streets within one of its strongest rental markets. This stately three-story brick property features four spacious units ranging from one to three bedrooms, each offering unique character with features such as sunrooms, butler's pantries, and mudrooms. Additional amenities include a full basement with laundry, a large fenced backyard, and three rear garages. The sellers recently inherited the property and have limited historical knowledge beyond its long-standing history as a stable, income-producing rental with very low vacancy. Recognizing the property would benefit from updates, they have significantly reduced the price to reflect known repairs. Contractor estimates are attached to the listing, and the sellers are willing to provide a repair credit or adjust the purchase price accordingly. The oversized first-floor unit, offering more than 2,000 square feet with three bedrooms and two bathrooms, is currently vacant and may remain available for an owner-occupant or immediate renovations before leasing. With its generous unit sizes, classic architecture, and prime location, the property offers excellent value-add potential through renovations and increased rental income. It also presents a unique opportunity for conversion back to a grand single-family residence, subject to applicable approvals. Whether you're an investor or owner-occupant, this is a rare Highlands property offering outstanding flexibility, upside potential, and long-term value.

Location

State KY

County Jefferson

Direction East of Bardstown Road between Chichester Ave. and Cowling Ave.

Interior

Heating MiniSplit/Ductless, Forced Air

Cooling Central Air

Exterior

Exterior Feature None

Garage Spaces 3.0

View Y/N No

Roof Type Composition

Porch Deck, Enclosed

Garage Yes

Building

Lot Description Sidewalk

Building Description Brick, Laundry Facility,Additional Strg

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Brick


Greater Louisville MLS (Metro Search Inc)
Listed by Homepage Realty

NEARBY SCHOOL & BUSINESS

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Rachel Dreyer

Rachel Dreyer

Agent | License ID: RB14050394

+1(502) 386-3669

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2114 Bonnycastle Ave