2114 Bonnycastle Ave

Located in the heart of Louisville's highly desirable Highlands neighborhood, this exceptional four-plex represents a true trophy asset on one of the city's most iconic streets, within one of its strongest and most stable rental markets. This stately three-story brick property features four well-appointed units ranging from one to three bedrooms, each offering distinctive bonus spaces such as sunrooms, butler's pantries, or mudrooms, enhancing both charm and functionality while appealing to tenants. The property includes a full basement with washers and dryers currently provided at no cost to tenants, with the opportunity for a new owner to convert to coin-operated laundry for additional income. A large fenced backyard and three rear garages further add value and present additional potential. Two units have recently been vacated and refreshed with new paint and professional cleaning. A new one-year lease begins May 1 on the third-floor unit, while the spacious first-floor unit, offering over 2,000 square feet, three bedrooms, and two bathrooms, is vacant and ideal for an owner-occupant or ready for lease at market rates. The property has maintained strong occupancy with minimal turnover over the past 25 years, highlighting its stability and desirability. It offers an outstanding opportunity for both investors and owner-occupants, live in one unit while rental income helps offset your mortgage, or add a turnkey, easily self-managed asset to your portfolio and enjoy consistent cash flow. Just steps from Bardstown Road's vibrant shops, restaurants, and entertainment, this is a rare Highlands investment opportunity not to be missed.