Address
1905 Bardstown Rd 2, Louisville, KY
Price
$ 1,300,000
Property Attributes
  • MLS#1728619
  • TypeMulti-Family
  • Listing Status Active
  • CountyJefferson
  • CityLouisville
  • AreaButchertwn-Hghlnds-Germantwn
  • NeighborhoodKENILWORTH
  • Zip40205
  • StyleOpen Plan
  • Year Built1920
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage5102
  • Lot Size0.02 Acres
Data Source:
Metro Search, Inc.
Property Description

A rare opportunity to acquire a premier mixed-use property in the heart of Louisville's highly coveted Highlands neighborhood. 1905 Bardstown Road offers the ultimate "Live, Work, and Earn" scenario, making it the perfect acquisition for a beauty/wellness entrepreneur or a savvy investor seeking a value-add asset in a high-barrier-to-entry market. Featuring a turnkey, second-generation salon and med-spa on the ground floor, plus three residential apartments above, this property provides immediate in-place income with significant upside potential. The "Live-Work-Earn" Advantage With the commercial space and two of the three apartments currently vacant, this building is uniquely positioned for an owner-user. A business owner can immediately launch their salon or med-spa on the main level, live rent-free in one of the vacant upstairs apartments, and use the rental income from the two additional units (one already tenant-occupied) to aggressively offset their commercial mortgage. Highly favorable SBA financing may be available for qualified owner-users! Situated on the dynamic Bardstown Road corridor, the property is surrounded by Louisville's best local dining, boutique shopping, coffee shops, and nightlife. This exceptional foot-traffic location provides a built-in customer base for the ground-floor business and makes the residential units incredibly easy to lease.

Price History
9/10/2026 Listed $1,300,000

General Features

Heating Electric
Cooling Central Air
Utilities Electricity Connected
Roof Shingle
Architectural Style Open Plan
Construction Materials Other
Year Built 1920
Tenant Pays Electricity
Unit Number 2
Property Subtype Triplex
OwnerPays Sewer
County Jefferson
Property Type Multi Family
HOA false
Subdivision Name KENILWORTH
Garage Y/N false
Status Active
Directions Taylorsville Rd. to Bardstown Rd. Turn right onto Bardstown Rd. Building on right.
City Louisville
Number Of Units Total 1
MLS Area 02-Butchertwn/Hghlnds/Germantwn
Lot Size Units Square Feet
Lot Size Square Feet 767.52
MLS Area Minor 02-Butchertwn/Hghlnds/Germantwn
Standard Status Active

Interior Features

Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 5102
Total Baths 1

Exterior Features

Exterior Amenities Balcony
Lot Features Sidewalk
Water Source Public
Lot Size Area 767.52
Building Area Total 5102
Lot Dimensions 42X185
Lot Size Acres 0.02

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 40205

Price
AVG $690K
$1.3M
Year Built
AVG 1927
1920

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