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Multifamily Property with Second Home
For Sale
$473,000
Pending

408 Pearl Street, Bowling Green, KY 42101

Multi-Family, Bowling Green, KY

Property SizeContact for details
Lot Size0.12 Acres
Days on Market532

Property Features for 408 Pearl Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 2, Bathroom 2
Elementary school Parker-Bennett-Curry
Middle school Bowling Green Junior High
High school Bowling Green
Directions Morgantown Rd to Veterans Memorial Ln. Right on Brownslock. House is on the left.
Subdivision BG North
Standard status Pending
Lot size 0.12 Acres

Building Details

Year built 1966
Number of units 4
Listing Agency: Coldwell Banker Legacy Group · Coldwell Banker Real Estate
Listed By: Tim Page · License #214996
Added: Mar 19, 2025 Changed: Aug 20 Last Checked: Sep 1 at 6:06PM
MLS# RA20251439

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 multifamily offering includes the primary property at 408 Pearl Street and a second home at 4 Walker Court. The additional residence is currently vacant. The room inventory identifies six bedrooms and three bathrooms across the listed property information. The primary property was built in 1966 and occupies a 0.12-acre lot.

Both addresses are in Bowling Green, Kentucky, within ZIP Code 42101. The included second home adds another residential component to the offering, while its vacant status provides a clearly identified condition for review during underwriting.

Key Highlights

  • Sale includes a second home at 4 Walker Court
  • Additional home is currently vacant
  • Room inventory lists 6 bedrooms and 3 bathrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Electrical Service Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

217
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?
Multifamily property - The sale includes an additional home that is currently vacant.
Where is this multifamily property located?
The property is located at 408 Pearl Street Bowling Green, KY.
What is the asking price?
The asking price for this property is $473,000.
What are key features of this property?
This property features: Sale includes a second home at 4 Walker Court; Additional home is currently vacant; Room inventory lists 6 bedrooms and 3 bathrooms
More about this property
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