202 S College Street, Harrodsburg, KY 40330

$475,000
Property Type: Residential Income Bedrooms: 20 Baths: 8 Square Footage: 7,176 Lot Size (sq. ft.): 8,160 Status: Active
Current Price: $475,000 List Date: 6/25/2026 Last Modified: 6/25/2026

Description

Rare opportunity to acquire the Parkview Guest House, a fully operational 19 unit income producing property in historic downtown Harrodsburg, KY. Built in 1915 and formerly a hospital, this stucco landmark has been under continuous ownership since 1996 with a strong history of stable long term occupancy. Units include weekly rental rooms, an efficiency apartment, and a premium suite plus on site office space. Many tenants have been in place 2 to 5 plus years demonstrating exceptional tenant stability. Recent capital improvements include a new roof (2024), updated plumbing and electrical, new exterior paint, and updated windows. Features 8 individually lockable bathrooms, central gas boiler heat, window AC units, on site laundry, and a circular drive. Zoned B2 General Business. 4,842 sq ft above grade plus finished basement. Sold as is, inspections welcome. Full rent roll and financials available upon request.

Supplements: ********

More Information MLS# 26013779

Listing Information

Comp Sale YN: No Property Sub Type: Apartment

Status Change Information

Back on Market Date: 2026-06-25 Status Change Timestamp: 2026-06-25

Address

Directions: From US 68 West Lexington Street, turn left onto S College Street. Property will be on the right. Parcel Number: 100.60-09003.00 County: Mercer Street Number: 202 Street Direction Prefix: S Street Name: College Street Suffix: Street State: KY Zip Code: 40330

Contract

Start Showing Date: 2026-06-15 Listing Agreement: Exclusive Right To Sell Owner Name: Residential Office Exclusive YN: No List Price/Acre: 2500000 List Price/SqFt: 66.19 Current Price: $475,000 Original List Price: 475000 Status: Active Listing Contract Date: 2026-04-20 List Price: $475,000

Tax & Legal

Elementary School: Mercer Co Middle Or Junior School: Mercer Co High School: Mercer Co Tax Rate: 11.76 Zoning Description: Commercial

Association/Community

Number Of Buildings: 1 Number Of Units Total: 19

Interior

Living Area: 7176 Bathrooms Half: 0 Bedrooms Total: 20 Bathrooms Total: 8 Bathrooms Full: 8

Parking Information

Parking Total: 10

Building

Stories Total: 3 Accessibility Features YN: No Year Built: 1910

Lot

Lot Size Acres: 0.187 Lot Size Square Feet: 8160 Lot Size Dimensions: 102x80 Road Frontage Feet: 102

Utilities

Cooling YN: Yes Heating YN: Yes Electricity Connected: 1 Natural Gas Connected: 1 Sewer Connected: 1 Water Connected: 1

Remarks

Public Remarks: Rare opportunity to acquire the Parkview Guest House, a fully operational 19 unit income producing property in historic downtown Harrodsburg, KY. Built in 1915 and formerly a hospital, this stucco landmark has been under continuous ownership since 1996 with a strong history of stable long term occupancy. Units include weekly rental rooms, an efficiency apartment, and a premium suite plus on site office space. Many tenants have been in place 2 to 5 plus years demonstrating exceptional tenant stability. Recent capital improvements include a new roof (2024), updated plumbing and electrical, new exterior paint, and updated windows. Features 8 individually lockable bathrooms, central gas boiler heat, window AC units, on site laundry, and a circular drive. Zoned B2 General Business. 4,842 sq ft above grade plus finished basement. Sold as is, inspections welcome. Full rent roll and financials available upon request.

Cooling

Window Unit(s): 1

Heating

Hot Water: 1 Natural Gas: 1

Listing Terms

Cash: 1 Conventional: 1

Possession

Negotiable: 1

Roof

Metal: 1

Special Listing Conditions

Standard: 1

Structure Type

Multi Family: 1

Building and Property Details

Building Expansion Potential YN: No Lot Expansion Potential YN: No Age of Roof: 2

Income and Expenses

Electric Expense: 750 Gross Income: 126000 Insurance Expense: 1400 Lawn Services Expense: 50 Maintenance Expense: 0 Manager Expense: 0 Net Operating Income: 80000 Operating Expense: 1550 Other Income: 1000 Professional Management Expense: 0 Real Estate Taxes: 2200 Trash Expense: 40 Water Services Expense: 200 Water Sewer Expense: 200

Unit Details

Number Of Units Vacant: 1

Showing Requirements

Listing Agent Must Accompany: 1

Tax Legal

MLS Area Major: 011 - Mercer County Subdivision Name: Downtown High School District: Mercer County - 11

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Window Unit(s) Heating: Hot Water; Natural Gas Listing Terms: Cash; Conventional Possession: Negotiable Roof: Metal Special Listing Conditions: Standard Structure Type: Multi Family Showing Requirements: Listing Agent Must Accompany
Listing Office: RM McGinnis, LLC Real Est & Auction Professionals
Last Updated: June - 25 - 2026
Information deemed reliable but not guaranteed.