Single-Story Patio Home
For Sale
$299,500
512 Unit 712 Old Lovers Lane, Bowling Green, KY 42103
Residential/Farm, Duplex, Bowling Green, KY
Property Size1,510 SF
Price / SF$198.34
Days on Market92
Property Features for 512 Unit 712 Old Lovers Lane
General Information
Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Split Bedroom Floor Plan, Tray Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s)
Exterior features
Concrete Walks, Covered Patio, Landscaping, Patio
Appliances
Smoke Detector(s)
Subdivision
The Village at Mount Victor
Lot features
Sidewalks, Subdivision
Elementary school
Briarwood
Middle school
Drakes Creek
High school
Greenwood
Directions
From Lover's Lane, turn on Old Lovers Lane. Turn right into The Villages at Mount Victor. Duplex is in the back of the development.
Standard status
Active
Size
1,510 SF
Utilities
Heating system
Central
Cooling system
Central Air, Electric
Building Details
Year built
2025
Flooring type
Hardwood
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams First Choice R · Keller Williams Realty
(270) 782-1811
Listed By:
Chapell Volkert · License #287270
(270) 796-0001
Added: Aug 7
Changed: Oct 25
Last Checked: Nov 6 at 8:06AM
MLS# RA20264756
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.
This under-construction duplex presents a single-story patio home layout with 1,510 square feet of property size. The described residence includes two bedrooms, two bathrooms, and a dedicated study, with a split-bedroom arrangement, vaulted and tray ceilings, and two walk-in closets in the primary suite. Interior finishes include quartz countertops, hardwood flooring, and a tiled primary shower. Central heating and central air conditioning support year-round comfort.
Exterior features include a covered patio, additional patio space, concrete walks, and landscaping. The property was built in 2025 and includes a shingle roof, smoke detectors, and ceiling fans. Its one-level configuration and dedicated study provide a practical residential layout within a duplex setting.
Exterior features include a covered patio, additional patio space, concrete walks, and landscaping. The property was built in 2025 and includes a shingle roof, smoke detectors, and ceiling fans. Its one-level configuration and dedicated study provide a practical residential layout within a duplex setting.
Key Highlights
- Single‑story duplex with patio home configuration
- 1,510 square feet of property size
- Two bedrooms, two bathrooms, and a dedicated study
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,203
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,060
$284.1K
Cap Rate 7%
$202,900
$202.9K
Cap Rate 9%
$157,811
$157.8K
Market Conditions
NOI Build-Up for 1,510 SF
Gross rent
$21.6K $14.28/SF
− Vacancy
−$1.3K −$0.84/SF
EGI
$20.3K $13.44/SF
− OpEx
−$6.1K −$4.03/SF
NOI
$14.2K $9.41/SF
Area
Warren County, KY
Vacancy
5.90%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,060
Cap Rate 7%
$202,900
Cap Rate 9%
$157,811
Alternative Uses
Best Use
Multifamily LT 5
$202.9K
$177.5K – $236.7K
NOI $14,203 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$189.4K
$165.7K – $220.9K
NOI $13,255 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$333.5K
$291.8K – $389.1K
NOI $23,344 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
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Business Placement
Demographics for 42103, KY
22,106
Population
10,339
Households
2.1
Avg Household Size
39
Median Age
49%
College-Educated
95%
High-School Grad
70.4 sq mi
ZIP Area
314
Density / Sq Mi
$84,624
Median Household Income
$45,598
Median Earnings
$1,104
Median Rent
$303,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Under-construction duplex with hardwood floors, quartz countertops, and a covered patio.
Where is this duplex located?
The property is located at 512 Unit 712 Old Lovers Lane Bowling Green, KY.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Single‑story duplex with patio home configuration; 1,510 square feet of property size; Two bedrooms, two bathrooms, and a dedicated study
