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Triplex With Business Space
New
For Sale
$549,900

113 Lester Street, Berea, KY 40403

Residential Income, Berea, KY

Property Size1,500 SF
Lot Size1.21 Acres
Price / SF$366.60
Days on Market2

Property Features for 113 Lester Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning B-2
Zoning description B-2 commercial and residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Laundry Room, Bedroom 2, Bedroom 3
Parking 8
Subdivision Downtown
Elementary school Berea Community
Middle school Berea Community
High school Berea Community
Elementary school district Madison County - 8
Middle school district Madison County - 8
High school district Madison County - 8
Directions I-75 to exit 76, travel east and follow to Lester St on your left. Property will be on the left.
Standard status Active
APN B006-0007-0026 + B006-0007-0027
Size 1,500 SF
Lot size 1.21 Acres

Utilities

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

Building Details

Year built 2017
Floors in Building 2
Number of units 3
Listing Agency: Century 21 Pinnacle
Listed By: Bradley Warford · License #208360
Added: Aug 28 Last Checked: Aug 29 at 3:06AM
MLS# 26023594

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 2017 triplex combines a commercial main floor with two residential units above. The lower level provides 1,500 square feet of business space, a roughed-in half bath, HVAC, and two 10' x 10' garage doors. The upper level contains two two-bedroom, one-bath apartments that are currently rented.

The transaction includes 1.21 acres across two tracts in downtown Berea. The 0.60-acre tract containing the building carries B-2 commercial zoning, while the adjoining 0.61-acre tract is zoned residential. Heat pump systems provide heating and cooling, and cable service is available.

Key Highlights

  • 1,500‑square‑foot commercial main level with roughed‑in half bath
  • Two 2‑bedroom, 1‑bath apartments currently rented
  • Two 10' x 10' garage doors and HVAC on the main level

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Plumbing Service Electrical Service Home Appliance Store (Bike/Boat/Book/etc) Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

536
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
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Frequently Asked Questions

What type of property is this?
Triplex - Two rented apartments sit above a commercial main level with HVAC and two garage doors.
Where is this triplex located?
The property is located at 113 Lester Street Berea, KY.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 1,500‑square‑foot commercial main level with roughed‑in half bath; Two 2‑bedroom, 1‑bath apartments currently rented; Two 10' x 10' garage doors and HVAC on the main level
More about this property
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