118 E 12th Ave Bowling Green, KY 42101
Downtown Bowling Green NeighborhoodEstimated payment $2,177/month
Highlights
- Wood Flooring
- Balcony
- Combination Kitchen and Dining Room
- Bowling Green Junior High School Rated A-
- Property is near a bus stop
- Baseboard Heating
About This Home
Turnkey multifamily investment just blocks from WKU and downtown Bowling Green. Most units have been updated with new flooring, paint, and fixtures. These 1-bedroom/efficiency units are consistently easy to lease and offer strong cash flow with room to grow. Opportunity to increase income by billing back utilities. Surrounded by new development and centrally located, this is a prime addition to any rental portfolio.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1944
Home Design
- Slab Foundation
- Shingle Roof
- Stone Exterior Construction
- Vinyl Construction Material
Interior Spaces
- Insulated Doors
- Combination Kitchen and Dining Room
- Wood Flooring
- Fire and Smoke Detector
- Oven or Range
Parking
- 7 Parking Spaces
- Off-Street Parking
Schools
- Parker-Bennett-Curry Elementary School
- Bowling Green Junior High
- Bowling Green High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Separate Meters
- Natural Gas Water Heater
Additional Features
- Balcony
- 5,663 Sq Ft Lot
- Property is near a bus stop
Community Details
- 7 Units
- Coin Laundry
- Gross Income $54,300
Listing and Financial Details
- The owner pays for gas, garbage removal, sewer, water
- Assessor Parcel Number 039A-11-083
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $897 | $280,000 | $0 | $0 |
| 2024 | $920 | $280,000 | $0 | $0 |
| 2023 | $599 | $178,500 | $0 | $0 |
| 2022 | $488 | $145,000 | $0 | $0 |
| 2021 | $488 | $145,000 | $0 | $0 |
| 2020 | $492 | $145,000 | $0 | $0 |
| 2019 | $489 | $145,000 | $0 | $0 |
| 2018 | $406 | $120,000 | $0 | $0 |
| 2017 | $297 | $87,500 | $0 | $0 |
| 2015 | $296 | $87,500 | $0 | $0 |
| 2014 | -- | $87,500 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $400,000 | -- | -- |
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)
MLS Number: RA20254931
APN: 039A-11-083
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