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15-Unit Multifamily Portfolio
For Sale
$2,120,000

116 Jason Circle #116-142, Berea, KY 40403

Six residential buildings offer duplex and triplex layouts with a mix of two- and three-bedroom units.

Property Size15,476 SF
Price / SF$136.99
Days on Market103

Property Features for 116 Jason Circle #116-142

General Information

Standard status Active
Size 15,476 SF
Property subtype Duplex

Additional Details

Multifamily Units 15
Tenant in Place Yes

Building Details

Year Built 2004
Buildings 6
Listing Agency: Keller Williams Legacy Group
Listed By: S LeeAnne Martin · License #220330
Source: Mdmitchellrealestate
Added: Jul 21 Changed: Oct 29 Last Checked: Oct 29 at 2:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Legacy Group

Rey
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Investment Insights

Based on property information with market context.

This 15-unit multifamily portfolio in Berea comprises six buildings: three duplexes and three triplexes. The unit mix is primarily two-bedroom, 1.5-bath layouts, with additional two-bedroom units featuring 1, 2.5, or 1.5 baths and one three-bedroom, 1.5-bath unit. Five buildings have brick exteriors, and one has vinyl siding. The buildings were constructed in 2004.

Four units are vacant and available for inspection. The properties are located on Jason Circle in Berea, Kentucky.

Key Highlights

  • 15 units across six buildings: three duplexes and three triplexes
  • Built in 2004
  • Unit mix includes primarily 2‑bedroom, 1.5‑bath units, plus one 2‑bedroom, 2.5‑bath unit, one 3‑bedroom, 1.5‑bath unit, and two 2‑bedroom, 1‑bath units

Property Analytics

Lease Details

15
Residential units

Location Intelligence

Trade Area within ½ mile

28
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

Frequently Asked Questions

What type of property is this?
Multifamily property - Six residential buildings offer duplex and triplex layouts with a mix of two- and three-bedroom units.
Where is this multifamily property located?
The property is located at 116 Jason Circle #116-142 Berea, KY.
What is the asking price?
The asking price for this property is $2,120,000.
What are key features of this property?
This property features: 15 units across six buildings: three duplexes and three triplexes; Built in 2004; Unit mix includes primarily 2‑bedroom, 1.5‑bath units, plus one 2‑bedroom, 2.5‑bath unit, one 3‑bedroom, 1.5‑bath unit, and two 2‑bedroom, 1‑bath units
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