Back to search
118 Salter Road Berea, KY $ 329,000
Share Save
$ 329,000 Get more info
118 Salter Road
$ 329,000
Back to search
Share Save

118 Salter Road

Berea, KY, 40403
$ 329,000
Bedrooms8 Baths4.0 Sq 3,416

Monthly Estimate*

$ 2,026

118 Salter Road, Berea, KY 40403 - Image 1

Multi-Family Home for sale in Berea, KY

for $329,000 with 8 bedrooms and 4 full baths. This 3,416 square foot home was built in 1989 on a lot size of 0.26.

All-brick quadruplex with a durable metal roof. Four rental units, each updated for durability and tenant comfort. Current gross monthly income: approximately $3,800 from 4/4 units leased. Property features include an all-brick exterior and low-maintenance metal roof with updated interiors. Unit 1 offers new cabinets and countertops, LVP, refrigerator, oven, bathtub, PTAC, three new windows, and fresh paint. Unit 2 includes new LVP, oven, refrigerator, vanity, bathtub, water heater, and fresh paint. Unit 3 features a new vanity, bathtub reglazing, and fresh paint. Unit 4 provides a new refrigerator, ceiling fans, and fresh paint. Income/occupancy is 4 of 4 units leased, ~ $3,800/month gross. Opportunity highlights a turnkey investment with strong occupancy and potential to optimize net income with rent adjustments.

See more
Multi-Family Pending

Price

$ 329,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.26

Year Built

1989

Town/City

Berea

County/Region

Madison

MLS | Web ID

26005942
Features
General
Heating Electric
Cooling Electric Multi Units
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal
Zoning Other
Year Built 1989
Property Subtype Quadruplex
Parcel Number 071A-0000-0008
County Madison
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Executive Park
Full Baths 4
Status Pending
Directions Richmond Road N turn onto Menelaus Road right onto Salter Road property on the right
High School Madison So
City Berea
High School District Madison County - 8
Zoning Description UC-1
Number Of Units Total 4
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 11325.6
Elementary School Kirksville
Land Lease Y/N N
Middle/Junior High School Farristown
Trash Expense 110.0
MLS Area Minor 008 - Madison County
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Total Actual Rent 3800.0
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
See more
Exterior
Parking Features Gravel Paved
Total Parking 10.0
Lot Size Area 0.26
Number of Buildings 1
Building Area Total 3416.0
Lot Size Acres 0.26
Crops Included Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 8
Total Baths 4
See more
Internal Only
Street Number 1 118
See more
* Excluded Features
List By
Century 21 Advantage Realty

Broker

cfoley@century21advantage.com

Email

Affordability Calculator

$2,026
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,026
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3289686 Elementary School
3292774 Middle School
Madison So High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/25/2026$329,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

118 Salter Road, Berea, KY, 40403 is a Multi-Family Home for sale at $329,000 with 3,416 sqft and a lot size of 0.26. 118 Salter Road has 8 bedrooms, 4.0 baths, and was built in 1989. The property's zip code is 40403 which is in Berea, KY

Get more info