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Improved Duplex
For Sale
$295,000

821 Ridgewood Drive 1-2, Berea, KY 40403

Built in 2006, the property offers two units with recent roof, carpeting, and flooring improvements.

Property Size2,880 SF
Price / SF$102.43
Days on Market33

Property Features for 821 Ridgewood Drive 1-2

General Information

Standard status Active
Size 2,880 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes

Building Details

Year Built 2006
Listing Agency: Calumet Realty
Listed By: Mark Moody
Source: Sellkentucky
Added: Jul 28 Changed: Aug 29 Last Checked: Aug 25 at 5:26AM

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.

This duplex contains two residential units and was constructed in 2006. Capital improvements include a new metal roof installed in 2023, along with carpeting and flooring updates completed in one unit in 2023 and the other in 2026. The property is identified as a three-bedroom investment property within Beaumont Subdivision.

Located just off I-75 in Berea, the property provides convenient highway access. The address includes units 1-2 at 821 Ridgewood Drive. Recent work has been completed across the improvements, including the roof and interior floor finishes.

Key Highlights

  • Duplex with two residential units
  • Three‑bedroom investment property in Beaumont Subdivision
  • New metal roof installed in 2023

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop 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?
Duplex - Built in 2006, the property offers two units with recent roof, carpeting, and flooring improvements.
Where is this duplex located?
The property is located at 821 Ridgewood Drive 1-2 Berea, KY.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Duplex with two residential units; Three‑bedroom investment property in Beaumont Subdivision; New metal roof installed in 2023
More about this property
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