736 E 12th Ave, Bowling Green, KY 42101
Residential income opportunity with five units, offered for sale in Bowling Green.
- Added:
- Jun 15, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 20 at 7:24 am
Property Features for 736 E 12th Ave
General Information
- Standard status
- Active
- Size
- 3,451 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1880
Listing office Crye-Leike Executive Realty
Listing date Jun 15, 2026
Source Crexi
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 Crye-Leike Executive Realty
HighLights
- Five‑unit residential income property
- Built in 1880
Overview
The building is located at 736 E 12th Ave in Bowling Green, Kentucky. As an income property with multiple units, it may appeal to buyers looking for a single-site, multi-residential setup rather than acquiring separate properties.
For investors and owner-operators, the most practical consideration is that the asset consists of five residential units within one building. That configuration can simplify ownership and management relative to purchasing multiple standalone properties. Prospective buyers should review the unit layout, current and projected leasing details, and property condition as part of their due diligence, since those factors typically drive both day-to-day operations and long-term performance for a multifamily investment.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.0k | $16.80 |
| − Vacancy | −$2.9k | −$0.84 |
| EGI | $55.1k | $15.96 |
| − OpEx | −$24.8k | −$7.18 |
| NOI | $30.3k | $8.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bowling Green
- County
- Warren
- State
- Kentucky
- Longitude
- -86.441068
- Latitude
- 36.9869
