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For sale
  • $314,999

    120 Salter Rd, Berea, KY 40403

    8beds
    3,200sqft
    : 
    Quadruplex
    Built in 1997
    -- sqft lot
    $294,200 Zestimate®
    $98/sqft
    $-- HOA

    What's special

    Well-maintained propertyFront accessRefrigerator and range
    Investor Alert! Fully occupied 4-plex offering immediate income with a total monthly rent of 2,775! This well-maintained property features four 1-level units—two upstairs units with front access, and two lower-level units with private entrances from the back. Each unit includes individual parking right at the door, a refrigerator and range, and convenient washer/dryer hookups. Tenants pay their own utilities --keeping landlord expenses low. Three of the four units are secured with leases extending into late winter and summer of 2026, providing long-term stability. The fourth unit is currently month-to-month, offering flexibility for future rental adjustments. Whether you're a seasoned investor or just starting your portfolio, this property delivers strong cash flow and solid rental history. Don't miss this turnkey opportunity!
    122 days
    |
    235
    |
    17
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 06, 2026 at 11:20am

    Listed by:

    Deborah S Adams 859-983-9501,

    Home Forward

    Source: Imagine MLS,MLS#: 25500831MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Interior area
    • Total structure area: 3,200
    • Total interior livable area: 3,200 sqft

    Property

    Lot
    • Size: 0.35 Acres
    Details
    • Parcel number: 071A00000010

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Roof: Shingle
    Condition
    • Year built: 1997

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Rural
    Location
    • Region: Berea

    Financial & listing details

    • Price per square foot: $98/sqft
    • Tax assessed value: $215,000
    • Annual tax amount: $2,092
    • Date on market: 1/1/2026
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    Estimated market value

    $294,200

    $279,000 - $309,000

    $1,151/mo

    Price history

    Price history
    DateEventPrice
    9/29/2025Price change$314,999-1.6%$98/sqft
    Source: Imagine MLS #25500831 Report a problem
    9/9/2025Listed for sale$320,000+21.7%$100/sqft
    Source: Imagine MLS #25500831 Report a problem
    5/2/2025Sold$263,000+95.5%$82/sqft
    Source: Public Record Report a problem
    3/18/2009Sold$134,500$42/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2022$2,092 +56.9%$215,000 +59.9%
    2021$1,333 -2.5%$134,500
    2018$1,367 +1.1%$134,500

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,847/mo
    Principal & interest
    $1522
    Property taxes
    $215
    Home insurance
    $110

      Climate risks

      Neighborhood: 40403

      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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