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50-Unit Multifamily Community
For Sale
$4,695,000

1956-1960 Stonehenge Avenue, Bowling Green, KY 42101

MULTI_FAMILY - Bowling Green, KY

Property SizeContact for details
Lot Size3.32 Acres
Days on Market63

Property Features for 1956-1960 Stonehenge Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 3, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 1
Subdivision Cedar Grove
Elementary school Warren
Middle school Henry F Moss
High school Warren Central
Directions From Veterans Memorial Ln, turn onto Stonehenge Ave. Keep going on Stonehenge Ave and property will be on your right at the end of the street.
Standard status Active
Lot size 3.32 Acres

Building Details

Year built 2000
Number of units 50
Listing Agency: Crye-Leike Executive Realty
Listed By: Zack Puckett · License #251796
Added: Jun 11 Changed: Aug 10 Last Checked: Aug 12 at 12:06AM
MLS# RA20263440

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 50-unit multifamily community was built in 2000 and sits on a 3.32-acre site. The unit mix includes 26 townhome-style 2-bedroom/1.5-bath units, 12 two-bedroom/one-bath units, and 12 one-bedroom/one-bath units. The community is currently generating annual gross revenue, and it presents a value-add opportunity through rent increases and operational improvements.

The property is located at 1956-1960 Stonehenge Avenue in Bowling Green, KY, adjacent to Walmart on Veterans Memorial Highway. The location is positioned for strong visibility and convenient access to major employers, supporting demand in the area.

Tenants should not be disturbed. Showings are available with an acceptable purchase contract.

Key Highlights

  • 50 total units built in 2000
  • 26 townhome‑style 2‑bedroom/1.5‑bath units
  • 12 two‑bedroom/one‑bath units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Pharmacy HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50
Residential units

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby

Demographics for 42101, KY

64,444
Population
26,062
Households
2.5
Avg Household Size
30
Median Age
20%
College-Educated
83%
High-School Grad
281.0 sq mi
ZIP Area
229
Density / Sq Mi
$49,045
Median Household Income
$26,564
Median Earnings
$905
Median Rent
$188,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2000 on a 3.32-acre site with a townhome-style mix of one- through two-bedroom units.
Where is this apartment building located?
The property is located at 1956-1960 Stonehenge Avenue Bowling Green, KY.
What is the asking price?
The asking price for this property is $4,695,000.
What are key features of this property?
This property features: 50 total units built in 2000; 26 townhome‑style 2‑bedroom/1.5‑bath units; 12 two‑bedroom/one‑bath units
More about this property
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