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Pending
    • $329,000

    118 Salter Rd, Berea, KY 40403

    8beds
    3,416sqft
    : 
    Quadruplex
    Built in 1989
    -- sqft lot
    $326,200 Zestimate®
    $96/sqft
    $-- HOA

    What's special

    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.
    23 days
    |
    7
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cassie Foley 859-248-1507,

    CENTURY 21 Advantage Realty,

    Lisa Scully 859-575-0388,

    CENTURY 21 Advantage Realty

    Source: Imagine MLS,MLS#: 26005942MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Electric
      Cooling
      • Electric, Multi Units
      Appliances
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Interior area
      • Total structure area: 3,416
      • Total interior livable area: 3,416 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Gravel, Paved
      Lot
      • Size: 0.26 Acres
      Details
      • Parcel number: 071A00000008
      • Zoning: Other
      • Zoning description: UC-1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Roof: Metal
      Condition
      • Year built: 1989

      Utilities & green energy

      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Executive Park
      Location
      • Region: Berea

      Financial & listing details

      • Price per square foot: $96/sqft
      • Tax assessed value: $90,425
      • Annual tax amount: $896
      • Date on market: 3/25/2026
      • Total actual rent: 3800
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        Estimated market value

        $326,200

        $310,000 - $343,000

        $987/mo

        Price history

        DateEventPrice
        3/25/2026Pending sale$329,000+37.1%$96/sqft
        Source: Imagine MLS #26005942 Report a problem
        3/10/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/18/2023Listed for rent$800+6.7%
        Source: Zillow Rentals Report a problem
        11/2/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/25/2021Listed for rent$750
        Source: Zillow Rental Manager Report a problem
        10/22/2021Sold$240,000$70/sqft
        Source: Imagine MLS #20119887 Report a problem
        9/14/2021Pending sale$240,000+165.4%$70/sqft
        Source: Imagine MLS #20119887 Report a problem
        1/13/2006Sold$90,425$26/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2021$896 -2.5%$90,425
        2018$919 +1.1%$90,425
        2017$909 +0.8%$90,425
        2016$902 +4%$90,425
        2015$867 +0.2%$90,425
        2014$865 $90,425
        2012$865 -0.2%$90,425
        2011$867 $90,425

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,814/mo
        Principal & interest
        $1589
        Property taxes
        $225
        More affordability tools

          Climate risks

          Neighborhood: 40403

          Getting around

          4 / 100
          Car-Dependent
          14 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Kirksville
          • Middle: Farristown
          • High: Madison So

          Source: Imagine MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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