About This Home

This 0-bedroom, 1-bathroom multi-family at 1905 Bardstown Rd #2 in Louisville, KY is listed for $900,000 ($176 per sqft). Built in 1920, the home offers 5,102 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1920
  • 0.02 acre lot

Property Details

1 full
#2
1920

Amenities

A/C
Listing Description

MOTIVATED SELLER! BRING ALL OFFERS. Beautiful salon, spa, nails, hair, IV rooms, massage rooms and 3 apartments. 1 Apartment is rented annually for $1,275 monthly June 1, 2026 til May 31, 2027. This can be an Air BnB or Medical.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.

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$263

Estimates only. Actual payments may vary.

Location

1905 Bardstown Rd #2

Louisville, KY 40205

KENILWORTH

Features & Amenities

Exterior Features

Balcony

Property Details

Outdoor Features

PorchDeck

Heating

Electric (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 1-bathroom multi-family at 1905 Bardstown Rd is listed at $900,000 ($176/sqft). The estimated monthly payment is $4,814 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.02 acre lot. Exterior Features: Balcony.

This property is listed by Stephanie L Gilezan.

SG

Stephanie L Gilezan

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (188) 862-4644 x8 · View on Broker Site · Broker website

MLS# 1728619· Source: Greater Louisville Association of REALTORS®· 51 days on PropertySimple

Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1905 Bardstown Rd #2, Louisville, KY 40205

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