$895,000
$55K PRICE DROP

Estimated payment $5,663/month

Total Views 11,500
-- Bed
-- Bath
5,339 Sq Ft
$168 Price per Sq Ft

Highlights

  • No HOA
  • Balcony
  • Forced Air Heating System
  • Atherton High School Rated A

About This Home

C2 Zoned Highlands Multifamily - Ideal for Short Term Rental

This seven unit multifamily property is located on the corner of Bardstown Road and the charming walking court Ivanhoe Court in the heart of The Highlands. The C2 zoning allows for short term rentals without conditional use permitting.

The 100% occupied building consists of apartments off the walking court, as well as units facing Bardstown Road. There are six 1BR/1BA uits and one 2BR/1BA unit. Each apartment has its own HVAC system and is separately metered for LG&E. Coin op laundry is available on site.

With easy access to the retail and restaurants along the Bardstown Rd. corridor, this property could accommodate a mix of longer term rentals and Airbnb renters seeking a desirable location.

Listing Agent

Jenny Johnston

PRG Commercial Property Advisors License #246944 Listed on: 04/21/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1911

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Additional Features

  • Balcony
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Property Details

Home Type

Apartment

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Lot Dimensions: 0
  • Property Sub Type: Apartment
  • Property Type: Multi Family
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 2683.0
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Below Grade Sq Ft: 2656.0

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Construction:Brick3: Yes

Utilities

  • Utilities: Electricity Connected
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0

Building Info

  • Year Built: 1911

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 Price Changed $895,000 -2.6% $168 / Sq Ft
06/21/2025 06/21/25 Price Changed $919,000 -1.1% $172 / Sq Ft
05/27/2025 05/27/25 Price Changed $929,000 -2.2% $174 / Sq Ft
04/21/2025 04/21/25 For Sale $950,000 -- $178 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1684908

Metro Search (Greater Louisville Association of REALTORS®)