$314,999

120 Salter Road, Berea, KY 40403

  • 8 beds |
  • 4 baths |
  • 3,200 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1997
  • Property Lot Size Icon0.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $98/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 electric bills, 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!

Listing Status:
Active
Date Added:
September 9, 2025 at 05:00AM
Listing Office:
Home Forward : 859-687-9791
MLS ID:
25500831
  • A/C: None
  • Heating: None
  • Roofing: Shingle
  • Originating MLS: Imagine MLS (Bluegrass REALTORS®)
  • School District: Madison County - 8
  • County: Madison
  • Zoning: 071A-0000-0010
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of Home Forward

Monthly Payment

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

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Location

Schools Nearby

K

Kirksville Elementary School

2399 Lancaster Rd, Richmond, KY, 40475

Grades PK-5

4.13 miles away

F

Farristown Middle School

751 Farristown Industrial Dr, Berea, KY, 40403

Grades 6-8

2.66 miles away

M

Madison Southern High School

279 Glades Rd, Berea, KY, 40403

Grades 9-12

4.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.