Updated Two-Unit
For Sale
$269,900
118 Central Avenue, Berea, KY 40403
MULTI_FAMILY - Berea, KY
Property Size2,248 SF
Lot Size0.17 Acres
Price / SF$120.06
Days on Market197
Property Features for 118 Central Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
R-2
Bedrooms
6
Bathrooms
3
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 4, Laundry Room, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 4
Parking
4
Subdivision
Downtown
Elementary school
Berea Community
Middle school
Berea Community
High school
Berea Community
Elementary school district
Berea Independent
Middle school district
Berea Independent
High school district
Berea Independent
Directions
From Berea follow Prospect toward Big Hill. Turn right on Central Avenue. duplex is on the left.
Standard status
Active
APN
B010-0016-0002
Size
2,248 SF
Lot size
0.17 Acres
Utilities
Heating system
Electric (Heating)
Cooling system
Electric
Building Details
Year built
1994
Floors in Building
2
Roof type
Metal
Listing Agency:
Century 21 Pinnacle
(859) 623-1900
Listed By:
Bill Adams
(859) 302-7878
Added: Jan 21
Changed: Aug 5
Last Checked: Aug 6 at 10:06AM
MLS# 26001566
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 2,248-square-foot duplex contains two three-bedroom, one-and-a-half-bath units. Both residences are occupied under annual leases, and the interiors have received updates. Property improvements include updated HVAC systems, newer windows, and a metal roof. Electric heating and cooling serve the building, which was constructed in 1994.
Set on 0.167 acres at 118 Central Avenue in Berea, the property is within walking distance of Berea College. I-75, local shops, restaurants, and outdoor recreation are also nearby, providing convenient access to area amenities and transportation routes.
Set on 0.167 acres at 118 Central Avenue in Berea, the property is within walking distance of Berea College. I-75, local shops, restaurants, and outdoor recreation are also nearby, providing convenient access to area amenities and transportation routes.
Key Highlights
- Two 3BR/1.5BA units in a 2,248‑square‑foot duplex
- Fully occupied with stable annual leases
- Updated HVAC systems, windows, and metal roofing
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
261
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
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 - Fully leased property with refreshed HVAC, windows, and metal roofing.
Where is this duplex located?
The property is located at 118 Central Avenue Berea, KY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Two 3BR/1.5BA units in a 2,248‑square‑foot duplex; Fully occupied with stable annual leases; Updated HVAC systems, windows, and metal roofing
