For sale

$650,000

195 Creekwood Ave, Bowling Green, KY 42101

8beds

4,888sqft

$4,235/mo

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Multi Family, Quadruplex

Built in 2018

-- sqft lot

$613,300 Zestimate^®

$133/sqft

$-- HOA

What's special

Excellent 4-plex investment opportunity featuring four fully occupied units, each offering 2 bedrooms and 2.5 bathrooms. This income-producing property provides ample off-street parking with a dedicated parking lot for tenants and has demonstrated strong rental demand. With all units currently leased, investors can enjoy immediate cash flow and minimal vacancy risk. Conveniently located with easy access to shopping, dining, and everyday amenities, this property offers strong rental appeal and long-term investment potential.

70 days
110
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 12
Full bathrooms: 8
1/2 bathrooms: 4

Kitchen

Features: Unit 1(Kitchen/DiningCombo), Unit 2(Kitchen/DiningCombo), Unit 3(Kitchen/DiningCombo), Unit 4(Kitchen/DiningCombo)

Heating

Unit 1(Heat Pump), Unit 2(Heat Pump), Unit 3(Heat Pump), Unit 4(Heat Pump), Heating Source (Electric)

Cooling

Unit 1(Central Electric), Unit 2(Central Electric), Unit 3(Central Electric), Unit 4(Central Electric), Ceiling Fan(s)

Appliances

Included: Unit 1(Dishwasher, Disposal, Microwave, Refrigerator), Unit 2(Dishwasher, Disposal, Microwave, Refrigerator), Unit 3(Dishwasher, Disposal, Microwave, Refrigerator), Unit 4(Dishwasher, Disposal, Microwave, Refrigerator), Water Heater (Electric)
Laundry: In Unit

Features

Ceiling Fan(s), Closet Light(s), Walls (Dry Wall)
Flooring: Unit 1(Carpets), Unit 2(Carpets), Unit 3(Carpets), Unit 4(Carpets)
Windows: Thermo Pane Windows
Basement: None,Crawl Space

Interior area

Total structure area: 4,888
Total interior livable area: 4,888 sqft

Property

Parking

Total spaces: 10
Parking features: Parking Lot, Private

Features

Patio & porch: Unit 1(Patio), Unit 2(Patio), Unit 3(Patio), Covered Patio
Exterior features: Concrete Walks, Lighting, Landscaping

Lot

Size: 0.58 Acres
Features: Adjacent to Park, City Lot, Residential Manager

Details

Parcel number: 040A73038

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Quadruplex

Materials

Brick
Roof: Dimensional,Shingle

Condition

Year built: 2018

Utilities & green energy

Sewer: City
Water: City
Utilities for property: Separate Metered

Community & HOA

Community

Features: Sidewalks
Subdivision: Creekwood

HOA

Amenities included: None

Location

Region: Bowling Green

Financial & listing details

Price per square foot: $133/sqft
Tax assessed value: $400,000
Annual tax amount: $3,370
Price range: $650K - $650K
Date on market: 6/19/2026
Total actual rent: 4235
Tenant pays: Cable TV, Deposit, Electricity, Trash Collection, Sewer, Water

Estimated market value

$613,300

$583,000 - $644,000

$814/mo

Price history

Date	Event	Price
6/19/2026	Listed for sale	$650,000$133/sqft
Source: RASK #RA20263631 Report a problem
12/17/2019	Listing removed	$850
Source: M & W Properties Report a problem
11/19/2019	Listed for rent	$850
Source: M & W Properties Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,370 -0.9%	$400,000
2024	$3,402 +55%	$400,000 +56.3%
2023	$2,195 +7.1%	$256,000
2022	$2,049 -35.8%	$256,000 -36%
2021	$3,190 -0.4%	$400,000
2020	$3,201	$400,000
2019	$3,201 +0.2%	$400,000 +1233.3%
2018	$3,194	$30,000
2015	--	$30,000
2014	--	--