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Sold for $306,000
  • $306,000

    120 Salter Rd, Berea, KY 40403

    8beds
    3,200sqft
    Quadruplex
    Built in 1997
    -- sqft lot
    $306,000 Zestimate®
    $96/sqft
    $1,000 Estimated rent

    Home value

    $306,000

    $291,000 - $324,000

    $1,000/mo

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    $1,794/mo

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    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: April 08, 2026 at 10:17pm

    Listed by:

    Deborah S Adams 859-983-9501,

    Home Forward

    Bought with:

    Null Non-Member

    Non-Member Office

    Source: Imagine MLS,MLS#: 25500831MLS Logo

    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
    • New construction: No
    • Year built: 1997

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Berea
    • Subdivision: Rural

    Price history

    DateEventPrice
    3/9/2026Sold$306,000-2.9%$96/sqft
    Source: Imagine MLS #25500831 Report a problem
    1/16/2026Contingent$314,999$98/sqft
    Source: Imagine MLS #25500831 Report a problem
    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

    YearProperty taxesTax assessment
    2024$2,060 -1.2%$215,000
    2023$2,086 -0.3%$215,000
    2022$2,092 +56.9%$215,000 +59.9%
    2021$1,333 -2.5%$134,500
    2018$1,367 +1.1%$134,500
    2017$1,352 +0.8%$134,500
    2016$1,341 +2.5%$134,500
    2015$1,309 +1.7%$134,500
    2014$1,287 $134,500
    2012$1,287 $134,500
    2010-- $134,500

    Find assessor info on the county website

    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $306,000
    2% more
    +$6,120
    With Zillow Showcase(estimated)
    $312,120