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    Bowling Green, KY
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    Bowling Green, KY Apartment Buildings for Sale

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    Turnkey 8-Unit Multifamily Building
    Updated: Jul 9
    Turnkey 8-Unit Multifamily Building

    706 Old Morgantown Road, Bowling Green, KY 42101

    $959,000
    0.77 AC lot
    Built in 2018 modern 8‑unit multifamily property
    8 identical units with luxury vinyl plank (LVP) flooring, granite countertops, and stainless steel appliance package
    Tenant‑ready interior features include ceiling fans and walk‑in closets
    Outdoor amenities include a patio plus outdoor lighting, concrete walks, and landscaped grounds with mature trees
    Parking available in a parking lot
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    Multifamily Apartment Building
    Updated: Jun 22
    Multifamily Apartment Building

    1956 Stonehenge Avenue, Bowling Green, KY 42101

    $2,675,000
    1.77 AC lot
    26‑unit multifamily property built in 2000
    Unit mix: 18 townhome‑style 2BR/1.5BA, 4 two‑bedroom/1BA, and 4 one‑bedroom/1BA
    Currently generates approximately $272,040 in annual gross revenue
    Adjacent to Walmart on Veterans Memorial Highway for convenient access to major employers
    Listings note showings with acceptable purchase contract and instruction: do not disturb tenants
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    24-Unit Multifamily Opportunity
    24-Unit Multifamily Opportunity

    1960 Stonehenge Avenue, Bowling Green, KY 42101

    $2,275,000
    1.55 AC lot

    Twenty-four units with a mix of one-, two-, and townhome-style layouts on a single parcel near major retail access.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    736 E 12th Ave, Bowling Green, KY 42101

    $399,900
    3,451 sqft

    Residential income opportunity with five units, offered for sale in Bowling Green.

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    50-Unit Multifamily Apartment Community
    50-Unit Multifamily Apartment Community

    1956-1960 Stonehenge Avenue, Bowling Green, KY 42101

    $4,795,000
    3.32 AC lot

    Built in 2000, this 50-unit mix offers townhome-style and bedroom-varied apartments for income-focused buyers.

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    Three Fourplex Apartment Buildings
    Three Fourplex Apartment Buildings

    2600, 2601 Avalon Court, Bowling Green, KY 42103

    $1,200,000
    0.97 AC lot

    Three well-maintained fourplex buildings offer currently occupied 2-bedroom, 1-bath units in Bowling Green.

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    8-Plex with Attached Garages
    8-Plex with Attached Garages

    105 Hillridge Court, Bowling Green, KY 42101

    $999,000
    2.21 AC lot

    Fully occupied eight-unit property with 2-bedroom, 1.5-bath layouts and attached garages in half the homes.

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    Apartment Community with Seven Buildings
    Apartment Community with Seven Buildings

    1956 Stonehenge Avenue, Bowling Green, KY 42101

    $4,950,000

    50-unit apartment community with townhome-style two-bed units and separate-meter utilities for streamlined operations.

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    Two Eight-Plex Multifamily Buildings
    Two Eight-Plex Multifamily Buildings

    2039/2043 Rock Creek Road, Bowling Green, KY 42104

    $1,850,000
    1.25 AC lot

    Two eight-plex buildings with remodeled 2-bedroom units and approved plans for two additional duplexes.

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    Two 8-Plex Apartment Buildings
    Two 8-Plex Apartment Buildings

    415 & 429 Upper Stone Avenue, Bowling Green, KY 42101

    $2,125,000
    0.50 AC lot

    Two eight-unit apartment buildings totaling 16 two-bedroom, two-bath units, built 2014-2015.

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    Five-Unit Multifamily Property
    Five-Unit Multifamily Property

    1249 Kentucky Street, Bowling Green, KY 42101

    $379,900
    0.25 AC lot

    Five-unit residential income property with a 4plex and a 1-bedroom cottage near Western Kentucky University.

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    16-Unit Multifamily Investment
    16-Unit Multifamily Investment

    5312/5294 Bakers Springs Street, Bowling Green, KY 42101

    $2,340,000
    0.56 AC lot

    New 2025 construction featuring 16 open-concept units with contemporary interiors and low-maintenance finishes.

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    Five-Unit Multifamily Property
    Five-Unit Multifamily Property

    736 E 12th Street, Bowling Green, KY 42101

    $399,900
    0.18 AC lot

    Five-unit multifamily building with three active leases, offered for sale as-is.

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    24.05 Acres Multi-Family Land
    24.05 Acres Multi-Family Land

    5617 Louisville Road lot: 5, Bowling Green, KY 42101

    $2,650,000
    24.05 AC lot

    24.05 acres approved for 480 multi-family units.

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    Land Approved for Apartment Complex
    Land Approved for Apartment Complex

    472 & 480 Cornerstone Avenue, Bowling Green, KY 42101

    $789,900
    2.46 AC lot

    Land approved for a 60-unit apartment complex.

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    5-Plex Apartment Building with Mini Splits
    5-Plex Apartment Building with Mini Splits

    605 Woodford Avenue, Bowling Green, KY 42101

    $326,900
    0.23 AC lot

    Fully rented 5-plex with mini-split heating and cooling, offering an income-oriented setup for prospective buyers.

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    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 16 Active listings in Bowling Green, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Shovel-Ready Corner Development Land
    Shovel-Ready Corner Development Land

    2700 Tucker Rd, Nashville, TN 37218

    $950,000
    3,000 sqft 1.00 AC lot

    Corner commercial development site with approved plans for a 12-unit STR-eligible townhome project and utilities at the street.

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    Historic Multifamily Home with Studios
    Historic Multifamily Home with Studios

    402 E Wayne Street, Glasgow, KY 42141

    $330,000
    0.45 AC lot

    Downtown Glasgow multifamily with three-unit historic main home plus two studio-style units, offering multiple purchase configurations.

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    Turnkey 5-Unit Multifamily Property
    Turnkey 5-Unit Multifamily Property

    306 E Main Street, Glasgow, KY 42141

    $245,000
    0.26 AC lot

    Five turnkey units, including studios and 1-bedrooms, with mini-split HVAC, recent interior updates, and utility coverage by the landlord.

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    Renovated Multifamily Community in Nashville
    Renovated Multifamily Community in Nashville

    2425 Atrium Way |, Nashville, TN 37214

    $15,375,000

    Newly renovated 123-unit multifamily community in Nashville, Tennessee.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

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    Off-Market Properties in Bowling Green, KY

    Consider similar Off-Market properties in Bowling Green, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5438 Bakers Spg St
    Multifamily properties

    5438 Bakers Spg St, Bowling Green, KY 42101

    Value Estimation by Request
    7,840 sqft 0.58 AC lot
    View details
    Middle Bridge Rd
    Multifamily properties

    0 Middle Bridge Rd, Bowling Green, KY 42103

    Value Estimation by Request
    11.03 AC lot
    View details
    1625 Parkside Dr
    Multifamily properties

    1625 Parkside Dr, Bowling Green, KY 42101

    Value Estimation by Request
    View details
    1225 Lee Dr
    Multifamily properties

    1225 Lee Dr, Bowling Green, KY 42101

    Value Estimation by Request
    View details
    302 Hillview Ml
    Multifamily properties

    302 Hillview Ml, Bowling Green, KY 42101

    Value Estimation by Request
    View details
    265 Walnut Creek Dr
    Multifamily properties

    265 Walnut Creek Dr, Bowling Green, KY 42101

    Value Estimation by Request
    18.47 AC lot
    View details
    1367 Clay St
    Multifamily properties

    1367 Clay St, Bowling Green, KY 42101

    Value Estimation by Request
    18,038 sqft 1.27 AC lot
    View details
    355 Hillview Ml
    Multifamily properties

    355 Hillview Ml, Bowling Green, KY 42103

    Value Estimation by Request
    0.56 AC lot
    View details

    Bowling Green, KY Apartment Buildings Market Trends and Statistics

    Explore 24 apartment buildings for sale in Bowling Green, KY, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 3,451 square feet of properties for sale, with an estimated market value of $399,900.

    Sale prices for two-family homes in Bowling Green, KY start at $399,900, averaging $399,900, and reaching up to $399,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 126K
    Population Growth (5Y) +11.0%
    Median Household Income $63,347
    College Educated 30.8%

    High-Yield Neighborhoods for Investment

    Identify Bowling Green submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    42103 $1.2M
    42104 $1.4M
    42101 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 0.76%
    Property Tax per SF $9.63 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Warren County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Bowling Green fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Bowling Green, KY

    • 42101
    • 42103
    • 42104

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