Listing Agency: Calumet Realty s***@gmail.com Show Phone

Listed By: Mark Moody Show Phone

Source: Exprealty

Added: Jun 29 Changed: Aug 21 Last Checked: Aug 22 at 11:24AM

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Investment Insights

Based on property information with market context.

This multifamily property includes a garage and contains 2,294 SF. The property has supported ongoing rental occupancy, with one tenant having remained in place for more than 12 years.

Located at 1-2-812 Ridgewood Dr in Berea, the property sits just off I-75 and across from the Hitachi Plant. Its location provides direct proximity to the interstate and the nearby industrial facility.

Key Highlights

• 2,294 SF multifamily property
• Garage included with the property
• Just off I‑75 in Berea, KY

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Hair Salon Grocery & Convenience Store Bakery Electrical Service

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

143

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property near I-75 with garage access and established tenant occupancy.

Where is this multifamily property located?

The property is located at 1-2-812 Ridgewood Dr Berea, KY.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 2,294 SF multifamily property; Garage included with the property; Just off I‑75 in Berea, KY