For sale

$959,000

706 Old Morgantown Rd, Bowling Green, KY 42101

16beds

7,728sqft

$6,309/mo

Get pre-qualified

Multi Family, Eight Plex

Built in 2018

-- sqft lot

$896,400 Zestimate^®

$124/sqft

$-- HOA

What's special

Elegant granite countertops

Turnkey 8-Unit Multifamily Asset – High-Yield, Low-Maintenance Built in 2018, this modern 8-plex offers investors a rare combination of strong cash flow and minimal near-term CapEx. Each of the 8 identical units is finished with tenant-demanding, durable upgrades designed to maximize rental premiums and minimize turnover costs: luxury vinyl plank (LVP) flooring, elegant granite countertops, and a sleek stainless steel appliance package. Perfect for an investor looking for a stabilized, passive asset with excellent historical occupancy in a modern build.

56 days
95
9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 16
Full bathrooms: 16

Heating

Unit 1(Heat Pump), Unit 2(Heat Pump), Unit 3(Heat Pump), Unit 4(Heat Pump), Unit 5(Heat Pump), Unit 6(Heat Pump), Unit 6(Heat Pump), Unit 6(Heat Pump), Heating Source (Gas)

Cooling

Unit 1(Heat Pump), Unit 2(Heat Pump), Unit 3(Heat Pump), Unit 4(Heat Pump), Unit 5(Heat Pump), Unit 6(Heat Pump), Unit 6(Heat Pump), Unit 6(Heat Pump), Ceiling Fan(s)

Appliances

Included: Unit 1(Dishwasher, Oven/Range, Refrigerator), Unit 2(Dishwasher, Oven/Range, Refrigerator), Unit 3(Dishwasher, Oven/Range, Refrigerator), Unit 4(Dishwasher, Oven/Range, Refrigerator), Unit 5(Dishwasher, Oven/Range, Refrigerator), Unit 6(Dishwasher, Oven/Range, Refrigerator), Unit 6(Dishwasher, Oven/Range), Unit 6(Dishwasher, Oven/Range, Refrigerator), Water Heater (Electric), Water Heater (Natural Gas)
Laundry: In Unit

Features

Ceiling Fan(s), Walk-In Closet(s), Walls (Dry Wall)
Doors: Insulated Doors
Windows: Window Treatments (Unit 1), Window Treatments (Unit 2), Window Treatments (Unit 3), Window Treatments (Unit 4), Window Treatments (Unit 5), Window Treatments (Unit 6), Window Treatments (Unit 7), Window Treatments (Unit 8)
Basement: None

Interior area

Total structure area: 7,728
Total interior livable area: 7,728 sqft

Property

Parking

Total spaces: 12
Parking features: Parking Lot

Features

Patio & porch: Patio
Exterior features: Concrete Walks, Landscaping, Mature Trees, Outdoor Lighting

Lot

Size: 0.77 Acres
Features: City Lot, Residential Manager

Details

Parcel number: 040A05A082

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Eight Plex

Materials

Brick, Fiber Cement
Foundation: Brick/Mortar
Roof: Dimensional

Condition

Year built: 2018

Utilities & green energy

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

Community & HOA

Community

Security: Unit 1(Smoke Alarm), Unit 2(Smoke Alarm), Unit 3(Smoke Alarm), Unit 4(Smoke Alarm), Unit 5(Smoke Alarm), Unit 6(Smoke Alarm), Unit 6(Smoke Alarm), Unit 6(Smoke Alarm)
Subdivision: N/A

HOA

Amenities included: None

Location

Region: Bowling Green

Financial & listing details

Price per square foot: $124/sqft
Tax assessed value: $815,000
Annual tax amount: $2,612
Price range: $959K - $959K
Date on market: 7/9/2026
Total actual rent: 7160
Tenant pays: Cable TV, Deposit, Electricity, Gas, Sewer, Water

Estimated market value

$896,400

$852,000 - $941,000

$696/mo

Price history

Date	Event	Price
7/9/2026	Listed for sale	$959,000+883.6%$124/sqft
Source: RASK #RA20264084 Report a problem
5/30/2017	Sold	$97,500$13/sqft
Source: Public Record Report a problem
7/20/2015	Sold	$97,500$13/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,612 -2.4%	$815,000
2024	$2,677 -2.1%	$815,000
2023	$2,734 -0.3%	$815,000
2022	$2,742	$815,000
2021	$2,742 -0.8%	$815,000
2020	$2,766	$815,000 +66.7%
2019	$2,766 +67.6%	$489,000 +401.5%
2018	$1,650 +399.8%	$97,500
2017	$330 +81.7%	$97,500 +81.4%
2015	$182	$53,760
2014	--	$53,760 -16%
2011	--	$64,000
2010	--	$64,000
2009	--	$64,000