$329,000

118 Salter Road, Berea, KY 40403

  • 8 beds |
  • 4 baths |
  • 3,416 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1989
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $96/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Pending
Date Added:
March 25, 2026
Data Last Updated:
May 20, 2026 at 7:38AM
Listing Office:
CENTURY 21 Advantage Realty : 859-624-5488
MLS ID:
26005942
  • Laundry: Electric Dryer HookupWasher Hookup
  • A/C: ElectricMulti Units
  • Heating: Electric
  • Parking: GravelPavedParking spaces: 10
  • Roofing: Metal
  • Originating MLS: Imagine MLS (Bluegrass REALTORS®)
  • School District: Madison County - 8
  • County: Madison
  • Zoning: Other071A-0000-0008
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of CENTURY 21 Advantage Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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