KY > Louisville > Bonnycastle
Louisville, KY 40205,2100 Murray Ave
Louisville, KY 40205,2100 Murray Ave
Louisville, KY 40205,2100 Murray Ave
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$1,170,000
Est. payment /mo
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16 Beds
8 Baths
6,750 SqFt
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2100 Murray Ave Louisville, KY 40205

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Melanie Murphy

Melanie Murphy

+1(502) 810-8105

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Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,750 sqft

Price per Sqft $173

Subdivision Bonnycastle

MLS Listing ID 1686174

Style Other

Bedrooms 16

HOA Y/N No

Abv Grd Liv Area 6,750

Originating Board Metro Search (Greater Louisville Association of REALTORS®)

Year Built 1965

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Apartment

Property Description

A prime asset in a prime location and beautifully maintained over the last 7 years—unbeatable. This 8-unit 100% occupied multifamily property zoned R7 is nestled on a tree lined street in a premier residential area. Ideally positioned one block from Bardstown Road, a high-traffic commercial corridor spanning three miles of unique, locally owned retail and dining establishments. Additionally, it's located less than two blocks from Cherokee Park, one of the city's most desirable recreational assets where one can enjoy immediate access to 400+ acres of natural beauty. Each unit is ~840 sq ft with two bedrooms, one full bathroom, living room, dining area, kitchen, and closets. Capital expenditures over the past few years ~ $80,000+: replacement windows (exception: back side of property), rebuilt stairways with new railing, aluminum wrap, concrete repairs, low maintenance landscaping, new glass entry storm doors and trim, added exterior light fixtures plus renovated 5 of the units with lvp flooring, new lighting, new appliances, remodeled kitchen/bath. The five remodeled units average rent is $1,274. The remaining three 'retro' units are month-to-month tenants with average rent $882. Undermarket rents present a clear value-add opportunity for increased cash flow. Additional amenities include coin-operated laundry and individual locked storage for each unitboth located in the basement to enhance tenant appeal. Individually metered gas and electric minimize owner expensesowner covers water, sewer, and trash. Four unassigned surface parking spaces supplement plentiful on-street parking at the side and front, enhancing tenant convenience and accessibility.

Location

State KY

County Jefferson

Direction Bardstown Rd to Murray Ave (1 block) or Cherokee Rd, Bonnycastle, Cowling, to Murray Ave

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature Balcony

View Y/N No

Roof Type Shingle

Porch Porch, Wrap Around

Garage No

Building

Lot Description Corner Lot, Sidewalk

Building Description Wood Frame,Brick Veneer, Laundry Facility,Additional Strg,Pets Allowed

Sewer Private Sewer, Public Sewer

Water Public

Architectural Style Other

Structure Type Wood Frame,Brick Veneer

Greater Louisville MLS (Metro Search Inc)
Copyright 2025 Metro Search, Inc.
Listed by RE/MAX Properties East

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Melanie Murphy

Agent | License ID: 220285

+1(502) 810-8105

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2100 Murray Ave