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Four-Unit Apartment Building
New
For Sale
$269,900

511 Glen Lily Road, Bowling Green, KY 42101

Multi-Family, Bowling Green, KY

Property SizeContact for details
Lot Size0.39 Acres
Days on Market2

Property Features for 511 Glen Lily Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 4
Parking features Off Street
Exterior features Concrete Walks
Lot features Sidewalks
Elementary school Dishman McGinnis
Middle school Bowling Green Junior High
High school Bowling Green
Directions From University Blvd, turn onto Old Morgantown Rd. Turn right on Collegeview Dr., then left on Glen Lily; the property is on the left.
Subdivision Warren County
Standard status Active
Lot size 0.39 Acres

Additional Details

Individually Metered Utilities unspecified utilities

Building Details

Year built 1981
Number of units 4
Buildings 1
Listing Agency: Coldwell Banker Legacy Group · Coldwell Banker Real Estate
Listed By: Hannah Barahona
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 24 at 9:06AM
MLS# RA20266327

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.

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Investment Insights

Based on property information with market context.

Built in 1981 on a 0.39-acre parcel, this four-unit apartment property contains four one-bedroom, one-bath residences. All units are vacant, and utilities are separately metered. Their condition varies, with some needing cosmetic work and repairs.

Central HVAC systems date to 2018, although one residence uses a window air conditioner. The roof was replaced in 2015. The property also has off-street parking and concrete walks. It may be acquired alongside the neighboring fourplex at 513 Glen Lily Road, creating a combined eight-unit offering.

Key Highlights

  • Four vacant one‑bedroom, one‑bath units with separate utility meters
  • 0.39‑acre parcel with off‑street parking and concrete walks
  • Central HVAC systems installed in 2018; one unit uses window air conditioning

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

234
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has separate utility meters, and all four are vacant.
Where is this quadplex located?
The property is located at 511 Glen Lily Road Bowling Green, KY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Four vacant one‑bedroom, one‑bath units with separate utility meters; 0.39‑acre parcel with off‑street parking and concrete walks; Central HVAC systems installed in 2018; one unit uses window air conditioning
More about this property
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