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    Bowling Green, KY
    Residential Income

    Bowling Green, KY Residential Income Properties for Sale

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    Five-Unit Apartment Building
    Updated: Jun 15
    Five-Unit Apartment Building

    736 E 12th Ave, Bowling Green, KY 42101

    $399,900
    3,451 sqft
    Five‑unit residential income property
    Built in 1880
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    This listing looks promising.

    Here's a quick look at some key insights for

    736 E 12th Ave, Bowling Green, KY 42101

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $30K
      Annual

    • Mortgage

      $100K
      Dec 2024

    • Property Type

      Boarding/Rooming House, Apt Hotel
      Built 1880
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    Single-Story Patio Home Duplex
    Updated: Jul 7
    Single-Story Patio Home Duplex

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

    $299,500
    1,510 sqft
    Under construction single‑story patio home duplex built in 2025
    2 bedrooms, 2 bathrooms, plus a dedicated study with an all‑one‑level layout
    Hardwood flooring with tray and vaulted ceiling features
    Primary suite includes two walk‑in closets
    Quartz countertops and a beautifully tiled primary shower
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    Renovated Victorian Single-Family Home
    Renovated Victorian Single-Family Home

    1327 State Street, Bowling Green, KY 42101

    $699,900
    4,144 sqft 0.36 AC lot

    Completely renovated Queen Anne Victorian with five bedrooms, five full baths, and two full kitchens near WKU.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    195 Creekwood Avenue, Bowling Green, KY 42101

    $650,000
    0.58 AC lot

    Four fully occupied units with dedicated off-street parking in a 4-plex configuration.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Townhome-Style 4-Plex
    Townhome-Style 4-Plex

    374 KENLEE CIR, Bowling Green, KY 42101

    $429,900
    3,840 sqft

    Townhome-style 4-plex with 2-bed, 1.5-bath units and separately metered utilities for simpler utility management.

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    Fully Leased 4-Plex Investment
    Fully Leased 4-Plex Investment

    175 Creekwood Avenue, Bowling Green, KY 42101

    $650,000
    0.76 AC lot

    A fully occupied four-unit property with off-street tenant parking and each unit offering two bedrooms and 2.5 baths.

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    Turnkey 8-Unit Multifamily Building
    Turnkey 8-Unit Multifamily Building

    706 Old Morgantown Road, Bowling Green, KY 42101

    $959,000
    0.77 AC lot

    Modern 8-plex built in 2018 with eight identical units featuring durable interior finishes and stainless appliance packages.

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    Two 8-Plex Apartment Buildings
    Two 8-Plex Apartment Buildings

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

    $2,125,000
    0.50 AC lot

    Two eight-unit apartment buildings totaling 16 two-bedroom, two-bath units, built 2014-2015.

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    Townhome-Style 4-Plex
    Townhome-Style 4-Plex

    330 KENLEE CIR, Bowling Green, KY 42101

    $429,900
    3,840 sqft

    Townhome-style fourplex with 2-bedroom, 1.5-bath units and separate metered utilities.

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    26-Unit Multifamily Community
    26-Unit Multifamily Community

    1956 Stonehenge Avenue, Bowling Green, KY 42101

    $2,625,000
    1.77 AC lot

    Built in 2000, this 26-unit multifamily property includes townhome-style and one- to two-bedroom apartments.

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    8-Plex with Attached Garages
    8-Plex with Attached Garages

    105 Hillridge Court, Bowling Green, KY 42101

    $999,000
    2.21 AC lot

    Fully occupied eight-unit property with 2-bedroom, 1.5-bath layouts and attached garages in half the homes.

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    One-Level Patio Home Duplex
    One-Level Patio Home Duplex

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

    $299,500
    1,510 sqft

    Single-story duplex with quartz countertops, hardwood flooring, tiled primary shower, and two walk-in closets.

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    24-Unit Multifamily Apartment Building
    24-Unit Multifamily Apartment Building

    1960 Stonehenge Avenue, Bowling Green, KY 42101

    $2,225,000
    1.55 AC lot

    Built in 2000, the property offers 24 units with a mix of 1-bedroom, 2-bedroom, and townhome-style layouts.

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    Fully Occupied Investment Opportunity
    Fully Occupied Investment Opportunity

    2532 Jersey Court, Bowling Green, KY 42101

    $464,000
    0.34 AC lot

    Four-unit property with consistent rental history in a desirable location.

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    Three Fourplex Apartment Buildings
    Three Fourplex Apartment Buildings

    2600, 2601 Avalon Court, Bowling Green, KY 42103

    $1,200,000
    0.97 AC lot

    Three well-maintained fourplex buildings offer currently occupied 2-bedroom, 1-bath units in Bowling Green.

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    2022-Built Duplex with Attached Garages
    2022-Built Duplex with Attached Garages

    245 & 249 Whispering Hills Boulevard, Bowling Green, KY 42101

    $450,000
    0.32 AC lot

    Two 2022 units each with 2 bedrooms, 2.5 baths, and attached garages, with one currently leased.

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    Bowling Green Triplex Investment
    Bowling Green Triplex Investment

    1303 College Street, Bowling Green, KY 42101

    $339,900
    0.34 AC lot

    Three-unit property near downtown and WKU campus.

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    50-Unit Value-Add Multifamily Community
    50-Unit Value-Add Multifamily Community

    1956-1960 Stonehenge Avenue, Bowling Green, KY 42101

    $4,695,000
    3.32 AC lot

    Built in 2000, this 50-unit mix of one-, two-, and townhome-style units generates about $503,460 annual gross.

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    Four-Building Townhome Community
    Four-Building Townhome Community

    1956 STONEHENGE AVE, Bowling Green, KY 42101

    $2,675,000

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

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    Duplex with Conversion Potential
    Duplex with Conversion Potential

    1777 Holly Drive, Bowling Green, KY 42101

    $174,900
    0.25 AC lot

    Duplex with two 3-bedroom, 1-bath units and paved parking, with the first floor ready for renovation.

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    Apartment Community with Seven Buildings
    Apartment Community with Seven Buildings

    1956 Stonehenge Avenue, Bowling Green, KY 42101

    $4,950,000

    50-unit apartment community with townhome-style two-bed units and separate-meter utilities for streamlined operations.

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    Newer Duplex Investment Property
    Newer Duplex Investment Property

    229 & 233 Whispering Hills Boulevard, Bowling Green, KY 42101

    $450,000
    0.26 AC lot

    Two 2022-built units each feature two bedrooms, 2.5 baths, and an attached one-car garage with convenient front parking.

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    Four-Building Rental Portfolio
    Four-Building Rental Portfolio

    511 Jackson Street, Bowling Green, KY 42101

    $1,000,000
    1.12 AC lot

    Portfolio sale includes eight units across two duplexes, one triplex, and one single-family home on 1.12 acres.

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    Multi-Family Income Property
    Multi-Family Income Property

    1006 Lewis Avenue, Bowling Green, KY 42101

    $1,000,000
    1.12 AC lot

    Four buildings with eight rental units, including duplexes, a triplex, and a single-family home, for diversified income mix.

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    Bowling Green, KY Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Bowling Green, KY, showcased through 61 active listings on our real estate platform. These investment opportunities span a total of 20,662 square feet of properties for sale, with an estimated market value of $57,488,700.

    Sale prices for residential income properties in Bowling Green, KY start at $45,000, averaging $958,145, and reaching up to $4,950,000 — 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

    Multifamily properties 53
    Duplexes 19
    Apartment buildings 18
    Quadplexes 14
    Single family properties 11

    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 $862.8K
    42101 $1.1M
    42104 $1.1M

    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)

    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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    Most Searched ZIP Codes in Bowling Green, KY

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    • 42103
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