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!
Contingent
$314,999
120 Salter Rd, Berea, KY 40403
8beds
3,200sqft
Est.:
Quadruplex
Built in 1997
-- sqft lot
$291,600 Zestimate®
$98/sqft
$-- HOA
What's special
Well-maintained propertyFront accessRefrigerator and range
- 172 days |
- 24 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: January 16, 2026 at 10:51am
Listed by:
Deborah S Adams 859-983-9501,
Home Forward
Source: Imagine MLS,MLS#: 25500831
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: $2,086
- Date on market: 1/1/2026
Estimated market value
$291,600
$277,000 - $306,000
$1,028/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Contingent | $314,999$98/sqft |
Source:  Imagine MLS #25500831 Report a problem | ||
| 9/29/2025 | Price change | $314,999-1.6%$98/sqft |
Source: Imagine MLS #25500831 Report a problem | ||
| 9/9/2025 | Listed for sale | $320,000+21.7%$100/sqft |
Source: Imagine MLS #25500831 Report a problem | ||
| 5/2/2025 | Sold | $263,000+95.5%$82/sqft |
Source: Public Record Report a problem | ||
| 3/18/2009 | Sold | $134,500$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
BuyAbility℠ payment
Est. payment
$1,684/mo
Principal & interest
$1469
Property taxes
$215
Climate risks
Neighborhood: 40403
Nearby schools
GreatSchools rating
- 9/10Kirksville Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 10/10Farristown Middle SchoolGrades: 6-8Distance: 2.7 mi
- 8/10Madison Southern High SchoolGrades: 9-12Distance: 4.3 mi
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.
Local experts in 40403
