Bowling Green, KY Multifamily Properties for Sale

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Updated: May 21

Renovated Victorian Duplex

1327 State Street, Bowling Green, KY 42101

$699,900

4,144 sqft 0.36 AC lot

4,144‑square‑foot duplex on a 0.36‑acre lot
5 bedrooms and 5 full baths
Two full kitchens with a vaulted great room and open‑concept kitchen
Built in 1889 with restored original windows and trim
Renovated plumbing, electrical, gas lines, HVAC, spray‑foam insulation, and siding

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Updated: Aug 7

Single-Story Patio Home Duplex

512 Unit 712 Old Lovers Lane, Bowling Green, KY 42103

$299,500

1,510 sqft

Single‑story duplex with patio home configuration
1,510 square feet of property size
Two bedrooms, two bathrooms, and a dedicated study
Quartz countertops, hardwood flooring, and tiled primary shower
Primary suite includes two walk‑in closets

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Single-Story Patio Home Duplex

512 Unit 811 Old Lovers Lane, Bowling Green, KY 42103

$299,500

1,510 sqft

Under-construction duplex with quartz countertops, hardwood flooring, and a dedicated study.

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Multifamily Development Opportunity in Kentucky

5421 Scottsville Rd, Bowling Green, KY 42104

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5,000 sqft 5.32 AC lot

5.32-acre multifamily development with 40 approved units and clubhouse.

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Two-Duplex Multifamily Property

1508 Normalview Drive, Bowling Green, KY 42101

$849,900

0.34 AC lot

Fully occupied multifamily asset with private bathrooms serving each bedroom and walkable access to Western Kentucky University.

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Modern 8-Unit Apartment Building

706 Old Morgantown Road, Bowling Green, KY 42101

$959,000

0.77 AC lot

Eight contemporary rental units with durable finishes, private patios, landscaped grounds, and on-site parking.

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Four-Unit Quadplex with Covered Patios

195 Creekwood Avenue, Bowling Green, KY 42101

$650,000

0.58 AC lot

Fully leased multifamily property with dedicated tenant parking and convenient access to shopping, dining, and daily amenities.

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64-Unit Apartment Building

344 Dye Ford Rd, Bowling Green, KY 42101

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49,052 sqft 4.43 AC lot

2018-built multifamily property with onsite storage and General Business zoning.

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Four-Unit Quadplex

175 Creekwood Avenue, Bowling Green, KY 42101

$650,000

0.76 AC lot

Fully leased residential income property with dedicated tenant parking, covered patio, landscaping, and convenient access to daily amenities.

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40-Unit Apartment Complex

314 Audley Avenue, Bowling Green, KY 42101

$4,800,000

2.08 AC lot

Multifamily property with varied bedroom layouts, outdoor amenity areas, walk-in closets, and dedicated lot parking.

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16-Unit Apartment Buildings

415 Upper Stone Avenue, Bowling Green, KY 42101

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6,960 sqft

Two multifamily buildings offer consistent two-bedroom layouts with 14 of 16 units occupied.

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Multifamily Apartment Community

344 Dye Ford Road, Bowling Green, KY 42104

$8,640,000

4.43 AC lot

Recently constructed rental community with varied floor plans, resident storage, and covered outdoor areas.

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16-Unit Apartment Buildings

415 & 429 Upper Stone Avenue, Bowling Green, KY 42101

$2,125,000

0.50 AC lot

Two-building multifamily property with consistent two-bedroom, two-bath unit layouts.

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Five-Unit Apartment Building

736 E 12th Ave, Bowling Green, KY 42101

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3,451 sqft

Residential income opportunity with five units, offered for sale in Bowling Green.

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Three-Building Apartment Property

628 Woodford Avenue, Bowling Green, KY 42101

$300,000

0.48 AC lot

Multiple residential structures provide a six-unit configuration with off-street and on-street parking.

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24-Unit Multifamily Property

1960 Stonehenge Avenue, Bowling Green, KY 42101

$2,225,000

1.55 AC lot

Multifamily community with varied unit layouts, including townhome-style residences and convenient access near Walmart.

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Four-Building Townhome Community

1956 Stonehenge Ave, Bowling Green, KY 42101

$2,625,000

26-unit multifamily community in four buildings with townhome and one- and two-bedroom unit mix, fully occupied.

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26-Unit Apartment Building

1956 Stonehenge Avenue, Bowling Green, KY 42101

$2,625,000

1.77 AC lot

Multifamily community with townhome-style residences and varied bedroom and bath configurations.

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Modern 8-Unit Apartment Building

Bowling Green, KY 42101

$959,000

Built in 2018 with durable interior finishes, individual metering, patios, and efficient heat-pump systems.

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8-Unit Apartment Building with Garages

105 Hillridge Court, Bowling Green, KY 42101

$999,000

2.21 AC lot

Fully occupied apartment asset with attached garages, decks, mature trees, and on-site parking.

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8-Unit Apartment Building

Bowling Green, KY 42101

$999,000

Two-bedroom residences include attached garages in select units, along with separate metering and deck space.

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Three-Building Apartment Property

2600, 2601 Avalon Court, Bowling Green, KY 42103

$1,200,000

0.97 AC lot

Three occupied fourplex buildings with two-bedroom layouts, decks, landscaped grounds, and on-site parking.

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Multi-Family

197/201 W 13th Avenue, Bowling Green, KY 42101

$275,000

Duplexes

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Two-Unit Duplex with Patios

635 Kirtley Way, Bowling Green, KY 42104

$239,000

1,832 sqft 0.56 AC lot

Tenant-occupied duplex with month-to-month leases and functional living spaces in each residence.

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Bowling Green, KY Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Bowling Green, KY, showcased through 56 active listings on our real estate platform. These investment opportunities span a total of 73,459 square feet of properties for sale, with an estimated market value of $53,869,800.

Sale prices for multifamily properties in Bowling Green, KY start at $174,900, averaging $1,099,383, and reaching up to $8,640,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 126K

Population Growth (5Y) +11.0%

Median Household Income $63,347

College Educated 30.8%

High-Yield Neighborhoods for Investment

Identify Bowling Green submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
42103	$799.8K
42101	$977.5K
42104	$1.7M

Taxes & Financing

Tax Rate (average for all types) 0.76%

Property Tax per SF $9.63 per SF

Tax Rate vs County Average 0.02 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Warren County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Warren County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Bowling Green fall within the 25,000 to 50,000 square foot range.

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