Coming soon

$250,000

502 N Prospect St, Bowling Green, OH 43402

4beds

3baths

2,025sqft

Est.: Get pre-qualified

Duplex

Built in 1900

-- sqft lot

$210,500 Zestimate^®

$123/sqft

$-- HOA

What's special

Rare triplex opportunity in a prime Bowling Green location, just minutes from downtown and campus! This income-producing property offers strong cash flow potential with room for future upside. The fully remodeled lower 2-bedroom, 1-bath unit was previously rented for $1,000 per month and is currently vacant, providing an excellent opportunity for an owner-occupant or an investor to place a new tenant at market rates. Upstairs, one 1-bedroom, 1-bath unit is currently rented for $600 per month, while the second 1-bedroom, 1-bath unit is vacant and was previously rented for $600 per month. With current rents below market and a desirable location near shopping, dining, entertainment, and Bowling Green's campus, investors have the opportunity to increase rental income and maximize returns. Whether you're looking to expand your portfolio or house-hack your next investment, this is a property you won't want to miss. Make sure you schedule your private showing

20 hours

161

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Baseboard, Boiler

Cooling

None

Appliances

Included: Electric Range, Refrigerator
Laundry: None

Features

Other
Flooring: Carpet, Ceramic Tile, Other, Plank
Windows: Double Pane Windows
Basement: Partial,Unfinished

Interior area

Total structure area: 2,025
Total interior livable area: 2,025 sqft

Property

Parking

Total spaces: 616
Parking features: Asphalt, Gravel, Attached Garage, Driveway
Garage spaces: 616
Has uncovered spaces: Yes

Lot

Size: 3,484 Square Feet
Dimensions: 160x57
Features: Corner Lot

Details

Additional parcels included: B07511190125013000
Parcel number: B07511190125012.000
Other equipment: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Aluminum Siding
Foundation: Other
Roof: Shingle

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: Fuses
Sewer: Sanitary Sewer
Water: Public
Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected

Community & HOA

Community

Subdivision: None

Location

Region: Bowling Green

Financial & listing details

Price per square foot: $123/sqft
Tax assessed value: $139,900
Annual tax amount: $2,130
Date on market: 6/1/2026
Listing terms: 1031 Exchange,Cash,Conventional
Lease term: 12 Months
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

$210,500

$187,000 - $234,000

$1,259/mo

Price history

Date	Event	Price
6/18/2025	Pending sale	$169,500+5.9%$84/sqft
Source: NORIS #6122200 Report a problem
6/17/2025	Sold	$160,000-5.6%$79/sqft
Source: NORIS #6122200 Report a problem
5/14/2025	Contingent	$169,500$84/sqft
Source: NORIS #6122200 Report a problem
1/31/2025	Price change	$169,500-3.7%$84/sqft
Source: NORIS #6122200 Report a problem
11/22/2024	Listed for sale	$176,000$87/sqft
Source: NORIS #6122200 Report a problem
11/4/2024	Contingent	$176,000$87/sqft
Source: NORIS #6122200 Report a problem
10/23/2024	Listed for sale	$176,000$87/sqft
Source: NORIS #6122200 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,130 -1.3%	$48,965 0%
2023	$2,159 +21.8%	$48,970 +24.5%
2022	$1,772 +1.5%	$39,340
2021	$1,746 +0.3%	$39,340
2020	$1,740 +2.6%	$39,340 +8.3%
2019	$1,696 +101.1%	$36,330
2018	$844 -49.4%	$36,330
2017	$1,668 +108.9%	$36,330 +5%
2016	$799 -51.1%	$34,590
2015	$1,634 -1.4%	$34,590
2014	$1,657 -2.4%	$34,590 +5%
2013	$1,698 +5.6%	$32,940
2012	$1,609 -10.1%	$32,940 -16.9%
2010	$1,789 +3.9%	$39,630
2009	$1,722 +1.2%	$39,630
2008	$1,701	$39,630
2007	$1,701 -1.5%	$39,630
2006	$1,727 +7.3%	$39,630
2005	$1,609 +7.8%	$39,630
2004	$1,493 -0.3%	--
2003	$1,498 +12%	--
2002	$1,337 +3.6%	--
2001	$1,291 +3.8%	--
2000	$1,244 +5.2%	--
1999	$1,183	--

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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