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8-Unit Multifamily Portfolio
For Sale
$1,000,000

511 Jackson Street, Bowling Green, KY 42101

The buildings are separately metered, with a mix of apartment units and a single-family home.

Property SizeContact for details
Lot Size1.12 Acres
Days on Market11

Property Features for 511 Jackson Street

General Information

Standard status Active
Lot size 1.12 Acres
Property subtype Multi-Family

Units

Unit Mix 7 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units 8

Additional Details

Utilities to Site Yes

Amenities

private covered patios with privacy fencing
off-street parking
garage

Building Details

Year Built 2016
Buildings 4
Listing Agency: Coldwell Banker Legacy Group
Listed By: Tim L Page · License #214996
Source: Mistyavery.kw
Added: Sep 17 Changed: Sep 26 Last Checked: Sep 26 at 3:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Legacy Group

Investment Insights

Based on property information with market context.

This 8-unit multifamily portfolio spans three adjoining parcels at 511 Jackson Street and 1004 and 1006 Lewis Avenue, totaling approximately 1.12 acres. The buildings comprise one triplex, two duplexes and a single-family home. The unit mix includes seven 1- or 2-bedroom, 1-bath units and one 3-bedroom, 1-bath home. All units have separate utility meters. A 20-by-25-foot lean-to garage with a concrete floor and off-street parking are also included. The triplex has covered patios with privacy fencing.

The combined acreage may accommodate additional units, subject to planning and zoning approval. The properties are offered together as a package.

Key Highlights

  • Eight units across three adjoining parcels totaling approximately 1.12 acres
  • Property mix includes one triplex, two duplexes and one single‑family home
  • Seven 1- or 2‑bedroom/1‑bath units and one 3‑bedroom/1‑bath home

Property Analytics

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Current Use

Computech Technology Services Tech Support Center

Suggested Use

Top Pick Real Estate Agency Electrical Service Pharmacy (Bike/Boat/Book/etc) Store Hair Salon Barber Shop

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

8
Residential units
Yes
Utilities to site

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - The buildings are separately metered, with a mix of apartment units and a single-family home.
Where is this multifamily property located?
The property is located at 511 Jackson Street Bowling Green, KY.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Eight units across three adjoining parcels totaling approximately 1.12 acres; Property mix includes one triplex, two duplexes and one single‑family home; Seven 1- or 2‑bedroom/1‑bath units and one 3‑bedroom/1‑bath home
More about this property
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