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2-Unit Multifamily Property with Garage
For Sale
$250,000

812 Ridgewood Drive 1-2, Berea, KY 40403

Two-unit residential income property with garage access and a location near I-75 and the Hitachi Plant.

Property Size2,294 SF
Price / SF$108.98
Days on Market11

Property Features for 812 Ridgewood Drive 1-2

General Information

Standard status Active
Size 2,294 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes

Amenities

garage

Building Details

Year Built 2005
Listing Agency: Calumet Realty
Listed By: Mark Moody
Source: Meliarealty
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 30 at 8:12PM

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 Calumet Realty

Investment Insights

Based on property information with market context.

Built in 2005, this two-unit multifamily property includes a garage and is identified as units 1–2. The property measures 2,294 in the supplied property-size field.

The address places the property on Ridgewood Drive in Berea, just off I-75 and across from the Hitachi Plant. One tenant has maintained occupancy for more than 12 years.

Key Highlights

  • Two‑unit multifamily property identified as units 1–2
  • Garage included with the property
  • Built in 2005

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Electrical Service 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

139
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?
Multifamily property - Two-unit residential income property with garage access and a location near I-75 and the Hitachi Plant.
Where is this multifamily property located?
The property is located at 812 Ridgewood Drive 1-2 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: Two‑unit multifamily property identified as units 1–2; Garage included with the property; Built in 2005
More about this property
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