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    Berea, KY
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    Berea, KY Multifamily Properties for Sale

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    15 properties
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    Mixed-Use Property with Apartments
    Updated: Aug 28
    Mixed-Use Property with Apartments

    113 Lester Street, Berea, KY 40403

    $549,900
    1,500 sqft 1.21 AC lot
    1,500‑square‑foot main‑level commercial area
    Two upper‑level 2‑bedroom, 1‑bath apartments currently rented
    Two 10'x10' garage doors and HVAC in the business area
    1.21 acres across two tracts
    0.60‑acre building tract zoned commercial B‑2
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    Triplex With Business Space
    Updated: Aug 28
    Triplex With Business Space

    113 Lester Street, Berea, KY 40403

    $549,900
    1,500 sqft 1.21 AC lot
    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
    1.21 acres across two tracts in downtown Berea
    Building tract is 0.60 acres with B‑2 commercial zoning
    View details
    New Construction Duplex with Central Air
    New Construction Duplex with Central Air

    412 & 414 Nandino Circle, Berea, KY 40403

    $515,000
    1,255 sqft 0.51 AC lot

    New construction duplex with central air and electric heat, offering two units with flexible live-in or rental use.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Newly Built Duplex
    Newly Built Duplex

    412 & 414 Nandino Cir 412 & 414, Berea, KY 40403

    $515,000
    1,255 sqft

    Two residential units combine contemporary construction with a six-bedroom, four-bathroom layout.

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    Triplex Rental Property with RV Site
    Triplex Rental Property with RV Site

    750, 758,762, 766 Mount Vernon Road, Berea, KY 40403

    $544,900
    2,922 sqft 4.00 AC lot

    Three occupied rental homes accompany an established RV site with multiple existing income sources.

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    Duplex with Garage
    Duplex with Garage

    812 Ridgewood Drive, Berea, KY 40403

    $250,000
    2,294 sqft 0.23 AC lot

    For-sale duplex near I-75 and the Hitachi Plant, offering on-site garages and long-term tenancy.

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    Duplex with Recent Improvements
    Duplex with Recent Improvements

    821 Ridgewood Drive, Berea, KY 40403

    $295,000
    2,880 sqft 0.24 AC lot

    Built in 2006, the property includes heat-pump systems, water availability, and a metal roof.

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    2-Unit Multifamily Property with Garage
    2-Unit Multifamily Property with Garage

    812 Ridgewood Drive 1-2, Berea, KY 40403

    $250,000
    2,294 sqft

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

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    Berea Fourplex with Recent Updates
    Berea Fourplex with Recent Updates

    907 Weeping Willow Drive, Berea, KY 40403

    $590,000
    4,512 sqft 0.31 AC lot

    Well-maintained fourplex in Berea with recent capital improvements.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    118 Central Avenue, Berea, KY 40403

    $269,900
    2,248 sqft 0.17 AC lot

    Fully leased property with refreshed HVAC, windows, and metal roofing.

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    Improved Duplex
    Improved Duplex

    821 Ridgewood Drive 1-2, Berea, KY 40403

    $295,000
    2,880 sqft

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

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    Quadplex Property with Covered Decks
    Quadplex Property with Covered Decks

    502-632 Nandino Circle, Berea, KY 40403

    $3,552,000
    7.96 AC lot

    Two-bedroom, two-bath quadplex portfolio with covered decks and patios, set on 7.96 acres with parking lot access.

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    Multifamily Property with Garage
    Multifamily Property with Garage

    1-2-812 Ridgewood Dr, Berea, KY 40403

    $250,000
    2,294 sqft

    Multifamily property near I-75 with garage access and established tenant occupancy.

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    Triplex With Commercial Space
    Triplex With Commercial Space

    113 Lester St, Berea, KY 40403

    $549,900
    1,500 sqft

    Mixed-use property combining a commercial storefront with two leased upstairs apartments and separate commercial and residential land components.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    907 Weeping Willow Dr, Berea, KY 40403

    $590,000
    4,512 sqft

    Unit mix includes conventional apartments and townhome-style residences with updated interiors and building systems.

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    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 15 Active listings in Berea, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with One Vacant Unit
    Duplex with One Vacant Unit

    217 Mcdaniel Dr, Richmond, KY 40475

    $299,900
    2,772 sqft

    Two-unit property with central heating and air, off-street parking, and a leased unit alongside an available residence.

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    Three-Bedroom Duplex
    Three-Bedroom Duplex

    217 Mcdaniel Drive, Richmond, KY 40475

    $299,900
    2,772 sqft 0.15 AC lot

    One unit is leased, while the other is vacant and configured for owner occupancy.

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    Duplex with Vacant Unit
    Duplex with Vacant Unit

    217 McDaniel Dr Unit 1-2, Richmond, KY 40475

    $299,900
    2,772 sqft

    Two three-bedroom residences include central heating and air, full baths, and off-street parking.

    View details
    Two-Unit Duplex with Off-Street Parking
    Two-Unit Duplex with Off-Street Parking

    1-2-217 Mcdaniel Dr, Richmond, KY 40475

    $299,900
    2,772 sqft

    One residence is leased, while the second is vacant for an owner-occupant.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Recreational Land Tract
    Cleared Recreational Land Tract

    Mc Kee, KY 40447

    Contact for pricing
    1.60 AC lot

    Cleared, level tract on Baldwin Road with plank fencing, located near South Fork of the Rockcastle River and Laurel Branch Creek.

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    Land For Sale in McKee
    Land For Sale in McKee

    Mc Kee, KY 40447

    Contact for pricing
    1.68 AC lot

    1.68 acre recreational land with utilities in McKee, Kentucky.

    View details
    Residential Land in East Bernstadt
    Residential Land in East Bernstadt

    487 Lot 77 Bull Run lot: 77, East Bernstadt, KY 40729

    Contact for pricing
    1.39 AC lot

    Level lots suitable for new doublewide or modular homes.

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    Acre Land Ready to Build
    Acre Land Ready to Build

    385 lots 6/7 Freeman Branch Road, East Bernstadt, KY 40729

    Contact for pricing
    1.00 AC lot

    One acre site-ready land for tiny house or dream home.

    View details

    Off-Market Properties in Berea, KY

    Consider similar Off-Market properties in Berea, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Mt Vernon Rd
    MOBILE HOME PARK, TRAILER PARK

    Mt Vernon Rd, Berea, KY 40403

    $70,000
    Estimated value
    1,422 sqft 1.01 AC lot
    View details
    102 Brown Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    102 Brown Ct, Berea, KY 40403-1387

    $695,000
    Estimated value
    1,736 sqft
    View details
    208 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    208 Provincial Way, Berea, KY 40403-7013

    $500,000
    Estimated value
    3,728 sqft
    View details
    210 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    210 Provincial Way, Berea, KY 40403-7508

    $500,000
    Estimated value
    3,728 sqft
    View details
    200 Melody Ln
    Multifamily properties

    200 Melody Ln, Berea, KY 40403

    Value Estimation by Request
    6,044 sqft 0.73 AC lot
    View details
    206 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    206 Provincial Way, Berea, KY 40403-7011

    $455,000
    Estimated value
    View details
    203 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    203 Provincial Way, Berea, KY 40403-8107

    $725,000
    Estimated value
    3,728 sqft
    View details
    207 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    207 Provincial Way, Berea, KY 40403-7016

    $715,000
    Estimated value
    3,728 sqft
    View details
    202 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    202 Provincial Way, Berea, KY 40403-7007

    $730,000
    Estimated value
    3,768 sqft
    View details

    Berea, KY Multifamily Properties Market Trends and Statistics

    Explore 26 multifamily properties for sale in Berea, KY, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 33,846 square feet of properties for sale, with an estimated market value of $9,566,500.

    Sale prices for multifamily properties in Berea, KY start at $250,000, averaging $637,766, and reaching up to $3,552,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Triplexes 4
    Quadplexes 3
    Mobile home & RV parks 1

    Demographics Overview

    Population 28K
    Population Growth (5Y) +9.9%
    Median Household Income $60,105
    College Educated 46.7%

    High-Yield Neighborhoods for Investment

    Identify Berea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40403 $920.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.04%
    Property Tax per SF $8.98 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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