Renovated Victorian Single-Family
1327 State Street Bowling Green, KY 42101
For Sale
$699,900
Pending
SINGLE_FAMILY - Bowling Green, KY
Property Size4,144 SF
Lot Size0.36 Acres
Days on Market70
Property Features for 1327 State Street
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
5
Bathrooms
5
Rooms
Bathroom 1, Bathroom 5, Bonus Room, Bedroom 4, Bedroom 1, Dining Room, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3
Patio and Porch features
Porch, Patio, Deck
Interior features
Attic Access Only, Bookshelves, Catherdral Ceiling(s), Ceiling Fan(s), Closet Light(s), Foam Insulation, Walk-in Closet(s)
Exterior features
Balcony, Covered Front Porch, Covered Deck, Covered Patio, Exterior Lights, Mature Trees, Stamped Concrete Walks
Fireplace
1
Appliances
Smoke Detector(s)
Standard status
Pending
Size
4,144 SF
Lot size
0.36 Acres
Utilities
Heating system
Heat Pump (Heating), Ductless (Heating), Central, Forced Air
Cooling system
Electric, ENERGY STAR Qualified Equipment, Multi Units, Heat Pump, Central Air
Building Details
Year built
1889
Floors in Building
2
Flooring type
Tile, Hardwood
Roof type
Metal, Membrane, Shingle
Architectural style
Victorian, Historical, Other
Listing Agency:
Keller Williams First Choice R
(270) 782-1811
Listed By:
Justin Reesy · License #214085
(270) 779-9504
Added: May 21
Changed: Jul 28
Last Checked: Jul 29 at 11:06AM
MLS# RA20263027
Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This completely renovated Queen Anne Victorian home was originally built in 1889 and has been updated with new plumbing, electrical, gas lines, HVAC, spray-foam insulation, siding, and a new shingle and copper roof. Inside, the layout provides five bedrooms and five full bathrooms, including two full kitchens. The living space features a vaulted great room with an open-concept kitchen, along with restored original windows and trim.
Outdoor features include a new patio and an upper balcony for additional living space. The home is located within a short walk of WKU, which can support a variety of private living and guest/hosting arrangements.
With its flexible configuration and modernized systems, this renovated property offers an opportunity for buyers seeking a historic home with contemporary infrastructure and multiple kitchen setups.
Outdoor features include a new patio and an upper balcony for additional living space. The home is located within a short walk of WKU, which can support a variety of private living and guest/hosting arrangements.
With its flexible configuration and modernized systems, this renovated property offers an opportunity for buyers seeking a historic home with contemporary infrastructure and multiple kitchen setups.
Key Highlights
- 1889 Queen Anne Victorian (historic) with restored original windows and trim
- 5 bedrooms and 5 full baths plus bonus room and multiple living spaces
- Two full kitchens for flexible multi‑generational living, guest setup, or rental use
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.2k | $14.28 |
| − Vacancy | −$3.5k | −$0.84 |
| EGI | $55.7k | $13.44 |
| − OpEx | −$16.7k | −$4.03 |
| NOI | $39.0k | $9.41 |
4,144 SF · lease $14.28/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$556.8K
$487.2K – $649.7K
NOI $38,979 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$519.7K
$454.7K – $606.3K
NOI $36,376 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$915.2K
$800.8K – $1.07M
NOI $64,066 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Completely renovated Queen Anne Victorian with five bedrooms, five full baths, and two full kitchens near WKU.
Where is this duplex located?
The property is located at 1327 State Street Bowling Green, KY.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 1889 Queen Anne Victorian (historic) with restored original windows and trim; 5 bedrooms and 5 full baths plus bonus room and multiple living spaces; Two full kitchens for flexible multi‑generational living, guest setup, or rental use
