Daviess County · Owensboro
Sell Your Commercial Property In Owensboro, KY
From Downtown Owensboro to Philpot, we buy Owensboro multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Downtown Owensboro · Stanley · Philpot · Utica — Daviess County, KY
Market Snapshot
Renter Demand In Owensboro
Owensboro, in Daviess County, had 60,302 residents in ACS 2020-2024. Renters head 42.6% of Owensboro households, and median gross rent was $905 a month.
Owners who want to sell commercial property in Owensboro, KY face buyers who price rent, taxes and older stock first. HUD's FY2027 two-bedroom fair market rent is $1,138. The 2025 rate in the Owensboro Independent district is 142.87 cents per $100.
Every figure below links to an official source, for owners ready to sell multifamily property in Owensboro.
Owensboro Health Regional Hospital
Owensboro Health reports 4,490 employees and 477 beds at its Regional Hospital for June 2025 through May 2026.Brescia University
Brescia University in Owensboro awarded degrees to 182 graduates, 112 undergraduate and 70 graduate, in May 2026.Jobs inside Daviess County
In ACS 2020-2024, 22,841 of 26,401 Owensboro workers, or 86.5%, worked inside Daviess County.Our Buy Box
What We Buy In Owensboro
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Owensboro Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Owensboro
Renters head 42.6% of Owensboro households, or 10,839 of 25,451, per ACS 2020-2024 tenure data. Owensboro holds 81.5% of Daviess County renter households. Owensboro has 3,974 homes in 5+ unit buildings, 14.6% of its stock, per ACS units-in-structure data. Some 65.4% of Owensboro homes were built before 1980, per ACS year-built data.
Rents and affordability in Owensboro
Median gross rent in Owensboro was $905 a month in ACS 2020-2024, below the Kentucky median of $967. Median household income was $56,357, per ACS income data. In ACS 2020-2024, 39.4% of Owensboro renter households paid 30% or more of income in rent, per ACS rent burden data.
HUD's FY2027 fair market rents for the Owensboro, KY MSA took effect October 1, 2026, per HUD FMR documentation. The two-bedroom rate of $1,138 runs $233 above the local median. Owners who sell commercial property in Owensboro, KY will see buyers hold rent rolls up against that line.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $864 |
| One bedroom | $870 |
| Two bedroom | $1,138 |
| Three bedroom | $1,507 |
| Four bedroom | $1,516 |
Property taxes in Daviess County
Owensboro real estate in the Owensboro Independent school district carried a 2025 rate of 142.87 cents per $100, per the Kentucky 2025 Property Tax Rate Book. That total adds the state's 10.6 cents, Daviess County's 22.67, the district's 84.0 and Owensboro's 25.6. Owensboro parcels in the Daviess County school district total 128.67 cents.
At 142.87 cents, a $2,000,000 assessment owes $28,574 a year. A seller who moves to sell commercial real estate in Owensboro, KY also owes the KRS 142.050 grantor tax. At 50 cents per $500, that is $2,000 on a $2,000,000 sale.
Under KRS 133.045, the tax roll opens for 13 days from the first Monday in May. Appeals under KRS 133.120 start with a property valuation administrator conference.
Landlord rules for Owensboro rentals
KRS 383.500 lets Kentucky cities adopt the Uniform Residential Landlord and Tenant Act only whole and unamended. Owensboro is not among the 33 adopting cities in a 2016 Legislative Research Commission fiscal note. Outside the act, KRS 383.195 lets a landlord end a tenancy at will with one month's written notice. Since March 6, 2024, KRS 383.198 bars local landlord-tenant ordinances that conflict with state law.
What it means for an Owensboro owner
Owensboro's rental vacancy rate was 4.8%, per ACS 2020-2024 DP04. Buyers will model the $28,574 tax example and the $1,138 HUD benchmark. Owners who sell commercial property in Owensboro, KY with rents near that benchmark leave buyers less room to discount.
Skyline Capital Investments buys 5+ unit apartment buildings. To sell your apartment building in Owensboro, model the income with our cap rate calculator, then see how we buy apartment buildings directly.
Before You Sell
Selling In Owensboro
More about selling in Kentucky →Investing in Owensboro? See apartment syndications in Owensboro →
- Census figures here are ACS 2020-2024 five-year estimates covering Owensboro city, Daviess County and Kentucky.
- Anyone planning to sell commercial real estate in Owensboro, KY should budget $2,000 in transfer tax per $2,000,000.
- HUD's FY2027 fair market rents for the Owensboro, KY MSA took effect on October 1, 2026.
Seller Guides
Your Situation, Handled — Owensboro
Learn More
Taxes & Rules For Owensboro Property
The Kentucky rules that shape any deal in Owensboro: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Owensboro Seller FAQ
How do I sell commercial property in Owensboro, KY?
Owners can list with a broker or sell directly to a buyer of 5+ unit buildings. Buyers in Owensboro compare rents with HUD's FY2027 two-bedroom fair market rent of $1,138. They also price the 2025 Owensboro Independent district rate of 142.87 cents per $100.
What property tax does an Owensboro apartment building pay?
Kentucky's 2025 rate book puts the combined rate in the Owensboro Independent district at 142.87 cents per $100. A $2,000,000 assessment owes $28,574 a year. Owensboro parcels in the Daviess County school district total 128.67 cents, or $25,734 on the same value.
What transfer tax applies when I sell commercial real estate in Owensboro, KY?
KRS 142.050 taxes the grantor at 50 cents for each $500 of value. On a $2,000,000 Owensboro sale, that equals $2,000. The tax is collected when the deed is offered for recording with the county clerk.
Which landlord rules apply to Owensboro rentals?
Owensboro is not among the 33 URLTA cities listed in a 2016 Legislative Research Commission fiscal note. Where that act is not in effect, KRS 383.195 allows ending a tenancy at will with one month's written notice. KRS 383.198 bars conflicting local ordinances.
What do buyers check in an Owensboro apartment deal?
Owensboro has 3,974 homes in 5+ unit buildings, and its median home was built in 1972, per ACS 2020-2024. Rental vacancy was 4.8%. Buyers weigh the $905 median rent against HUD's $1,138 two-bedroom benchmark. Clean rent rolls make selling commercial property in Owensboro simpler.
Will you buy a Owensboro property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Do you work with Owensboro brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Owensboro, and we keep every conversation confidential.
Who buys occupied rental property in Owensboro?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in Owensboro?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Get An Offer Review In Owensboro
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
