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

Overview

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.

Listing Details MLS# 26013779

Listing Information

Comp Sale YN
No
Property Sub Type
Apartment

Status Change Information

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

Address

County
Mercer
Street Number
202
Street Direction Prefix
S
Street Name
College
Street Suffix
Street
State
KY
Zip Code
40330
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

Contract

Original List Price
475000
Start Showing Date
2026-06-15
Listing Contract Date
2026-04-20
Listing Agreement
Exclusive Right To Sell
Owner Name
Residential
Office Exclusive YN
No
List Price/Acre
2500000
List Price/SqFt
66.19

Tax Legal

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

Interior

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

More Information

Parking Information

Parking Total
10

Building

Year Built
1910
Stories Total
3
Accessibility Features YN
No

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
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

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.

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
Net Operating Income
80000
Operating Expense
1550
Other Income
1000
Real Estate Taxes
2200
Trash Expense
40
Water Services Expense
200
Water Sewer Expense
200
Maintenance Expense
0
Manager Expense
0
Professional Management Expense
0

Unit Details

Number Of Units Vacant
Yes

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

Cooling

Window Unit(s)
Yes

Heating

Hot Water
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Possession

Negotiable
Yes

Roof

Metal
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Multi Family
Yes

Showing Requirements

Listing Agent Must Accompany
Yes

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.