Search
Three-Bedroom Duplex Investment
For Sale
$299,999

821 Ridgewood Drive, Berea, KY 40403

MULTI_FAMILY - Berea, KY

Property Size2,880 SF
Lot Size0.24 Acres
Price / SF$104.17
Days on Market138

Property Features for 821 Ridgewood Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R-3
Bedrooms 6
Bathrooms 5
Full bathrooms 4
Half bathrooms 2
Rooms Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 4, Laundry Room, Bathroom 2, Bedroom 5, Bathroom 5, Bedroom 2, Bathroom 3
Subdivision Beaumont
High school Madison So
Elementary school district Madison County - 8
Middle school district Madison County - 8
High school district Madison County - 8
Directions I-75 South take Exit 77. Right on Walnut Meadow Dr. Right on Ridgewoo Dr. Property is first duplex on the right.
Standard status Active
APN 0060-0030-0092
Size 2,880 SF
Lot size 0.24 Acres

Utilities

Utilities Water Available
Heating system Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 2006
Floors in Building 2
Number of units 2
Roof type Metal
Listing Agency: Calumet Realty
Listed By: Mark Moody
Added: Mar 30 Changed: Jul 17 Last Checked: Aug 14 at 10:06AM
MLS# 26006598

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-bedroom duplex offers two separate units within a single residential income property. Over the past few years, improvements have been completed including a new metal roof installed in 2023. Updates also include new carpeting and flooring in one unit in 2023, with additional carpeting and flooring scheduled for 2026 in the other unit.

The property is located just off I-75 in the Beaumont Subdivision area of Berea, Kentucky (Madison County). The site sits on a 0.24-acre lot.

For investors or owner-operators looking for a manageable residential rental setup, the unit-by-unit updates can help reduce near-term interior work. Recent exterior and flooring improvements support ongoing property maintenance and may help new owners present both units consistently. The property’s duplex configuration provides two income-producing units under one roofline while maintaining separate living spaces.

Key Highlights

  • New metal roof installed in 2023
  • Heat pump heating and cooling
  • Water available

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Grocery & Convenience Store Bakery Hair Salon Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 40403, KY

26,994
Population
11,008
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
111.0 sq mi
ZIP Area
243
Density / Sq Mi
$60,105
Median Household Income
$33,847
Median Earnings
$827
Median Rent
$180,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex with recent improvements including a 2023 metal roof and updated flooring across both units.
Where is this duplex located?
The property is located at 821 Ridgewood Drive Berea, KY.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: New metal roof installed in 2023; Heat pump heating and cooling; Water available
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message