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7 Beds
1 Bath
3,937 sqft

$524,900

2122 Bonnycastle Ave, Louisville KY, 40205

Price per sqft$133.32
Built in1913
Property size3,937 sqft
Property typeOther

Overview

Active

Listed Sep 10, 2026

Updated 4 weeks ago

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.

$3,492/mo

Est. mortgage payment based on a $524,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1728754

Interior Features

Bedrooms
7
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.04 Acres

Courtesy of Semonin Realtors, Robert J Butler,
Listing Contact: 415-730-4170 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Greater Louisville Association of REALTORS held by brokerage firms other than Ethan John Adams are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Ethan John Adams shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:53 AM UTC, 9/12/2026

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