118 Salter Road, Berea, KY 40403

Berea
Local realty services provided by:ERA Select Real Estate
118 Salter Road,Berea, KY 40403
$329,000
  • 8 Beds
  • 4 Baths
  • 3,416 sq. ft.
  • Multi-family
  • Pending
Listed by: cassie foley, lisa scully
Office: century 21 advantage realty
MLS#:26005942
Source:KY_LBAR

Price summary

  • Price:$329,000
  • Price per sq. ft.:$96.31

About this home

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.

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Home facts

  • Year built:1989
  • Listing ID #:26005942
  • Added:1 day(s) ago
  • Updated:March 25, 2026 at 05:47 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,416 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:1989
  • Building area:3,416 sq. ft.
  • Lot area:0.26 Acres

Schools

  • High school:Madison So
  • Middle school:Farristown
  • Elementary school:Kirksville

Finances and disclosures

  • Price:$329,000
  • Price per sq. ft.:$96.31

Features and amenities

  • Laundry features:Electric Dryer Hookup, Washer Hookup
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