Investor Opportunity! Fully occupied 4-plex generating $3,770 per month in gross rental income with the potential to increase cash flow to approximately $4,000 per month through future rent adjustments. This well-maintained multifamily property offers immediate income and strong upside potential for both seasoned and first-time investors. Three of the four units have been extensively updated, while the fourth unit features fresh paint and is well maintained. Major capital improvements include a new septic system installed in 2024 and new water heaters in two of the units, helping reduce future maintenance concerns and increase investor confidence. Conveniently located near Franklin, KY, this property provides easy access to Highway 31W and is within commuting distance of Bowling Green's major manufacturing employers. Tenants will also appreciate the proximity to the local golf course, shopping, dining, and everyday conveniences. Whether you're looking to expand your portfolio or acquire a turnkey income-producing asset, this fully occupied 4-plex offers strong current cash flow, value-add potential, and a desirable location. Opportunities like this are hard to find in today's market.
For sale
$440,000
105 Windy Cir, Franklin, KY 42134
8beds
3,200sqft
Multi Family, Quadruplex
Built in 1974
-- sqft lot
$426,100 Zestimate®
$138/sqft
$-- HOA
What's special
- 78 days
- 215
- 12
Zillow last checked:
Listing updated:
Listed by:
Joseph K Rafferty 270-782-1811,
Keller Williams First Choice R
Source: RASK,MLS#: RA20263537
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Unit 1(Heat Pump), Unit 2(Heat Pump), Unit 3(Heat Pump), Unit 4(Heat Pump), Heating Source (Electric)
Cooling
- Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)
Appliances
- Included: Water Heater (Electric)
- Laundry: In Unit
Features
- Walls (Dry Wall), Walls (Paneling)
- Doors: Insulated Doors
- Windows: Thermo Pane Windows
- Basement: Walk-Out Access
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 8
- Parking features: Parking Lot, Private
Features
- Exterior features: Landscaping, Mature Trees, Trees
Lot
- Size: 0.34 Acres
- Features: Cul-De-Sac, Golf Course
Details
- Parcel number: 0410300064.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Brick, Vinyl Siding
- Foundation: Block
- Roof: Metal
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Septic Tank, Septic System
- Water: City
- Utilities for property: Separate Metered
Community & HOA
Community
- Subdivision: Windy Circle
Location
- Region: Franklin
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $313,500
- Annual tax amount: $2,751
- Price range: $440K - $440K
- Date on market: 6/15/2026
- Total actual rent: 3770
- Tenant pays: Cable TV, Deposit, Electricity, Trash Collection, Water
Estimated market value
$426,100
$405,000 - $447,000
$1,292/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Listed for sale | $440,000$138/sqft |
Source: | ||
| 7/1/2026 | Pending sale | $440,000$138/sqft |
Source: | ||
| 6/16/2026 | Listed for sale | $440,000-6.4%$138/sqft |
Source: | ||
| 4/11/2026 | Listing removed | $469,999$147/sqft |
Source: | ||
| 12/3/2025 | Price change | $469,999-2.1%$147/sqft |
Source: | ||
| 10/10/2025 | Listed for sale | $480,000+53.1%$150/sqft |
Source: | ||
| 1/19/2024 | Sold | $313,500$98/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,751 +55.4% | $313,500 +56.8% |
| 2024 | $1,770 -4.9% | $200,000 |
| 2023 | $1,862 +6.4% | $200,000 |
| 2022 | $1,750 +17.9% | $200,000 +17% |
| 2021 | $1,484 -1% | $171,000 |
| 2020 | $1,499 -1.9% | $171,000 |
| 2019 | $1,528 +8% | $171,000 +7.5% |
| 2018 | $1,415 +2.3% | $159,000 |
| 2017 | $1,383 +0.9% | $159,000 |
| 2016 | $1,370 | $159,000 |
| 2015 | -- | $159,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 42134
Nearby schools
Schools provided by the listing agent
- Elementary: Franklin Simpson
- Middle: Franklin Simpson
- High: Franklin Simpson
Source: RASK. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






