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    Berea, KY
    Multifamily

    Berea, KY Multifamily Properties for Sale

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    Mount Vernon, KY Nicholasville, KY Paint Lick, KY Mc Kee, KY Richmond, KY Crab Orchard, KY Lancaster, KY Irvine, KY
    6 properties
    Duplex with Garage
    Updated: Jun 29
    Duplex with Garage

    812 Ridgewood Drive, Berea, KY 40403

    $250,000
    2,294 sqft 0.23 AC lot
    Year built 2005
    Heat pump heating and cooling
    Composition roof
    Utilities: cable available
    Rooms include 4 bedrooms, 4 bathrooms, and a laundry room
    View details
    Residential Income & RV Site
    Updated: Jul 1
    Residential Income & RV Site

    750 Mount Vernon Road, Berea, KY 40403

    $550,000
    2,922 sqft 1.00 AC lot
    Includes three rental homes plus an RV/camper rental site
    All units are currently occupied and generating immediate cash flow
    RV/camper site may offer potential for an additional home, subject to buyer verification of zoning, utilities, and approvals
    Seven bedrooms and three bathrooms, plus a laundry room
    Heating options include heat pump and electric, with natural gas listed
    View details
    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Brick Duplex with Large Yards
    Brick Duplex with Large Yards

    655-659 Scaffold Cane Road, Berea, KY 40403

    $279,900
    2,072 sqft 0.35 AC lot

    Two well-appointed units offer vaulted living rooms, in-unit laundry, and spacious level yards for flexible occupancy.

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    Three-Bedroom Duplex Investment
    Three-Bedroom Duplex Investment

    821 Ridgewood Drive, Berea, KY 40403

    $299,999
    2,880 sqft 0.24 AC lot

    Duplex with recent improvements including a 2023 metal roof and updated flooring across both units.

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    Turnkey Duplex Income Property
    Turnkey Duplex Income Property

    118 Central Avenue, Berea, KY 40403

    $286,000
    2,248 sqft 0.17 AC lot

    Turnkey duplex with two leased 3BR/1.5BA units and recent energy-efficient upgrades for steady rental operations.

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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 6 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.

    Income-Producing Property on 2.6 Acres
    Income-Producing Property on 2.6 Acres

    660 Watt Nantz Road, East Bernstadt, KY 40729

    $250,000
    3,120 sqft 2.60 AC lot

    Established short-term rental property with expansion potential on 2.6 acres.

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    Income-Producing Cabin Property
    Income-Producing Cabin Property

    660 Watt Nantz Road, East Bernstadt, KY 40729

    $250,000
    3,120 sqft 2.60 AC lot

    Three 1-bed, 1-bath cabins operate as short-term rentals on 2.6 acres, plus a 60-by-40 building for conversion.

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    Income Duplex with Two 2BR Units
    Income Duplex with Two 2BR Units

    214 Valley Street, Richmond, KY 40475

    $235,000
    1,800 sqft 0.22 AC lot

    Fully occupied duplex with central heat and air, updated windows and flooring, and recent exterior improvements for steady rental operations.

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    Three Duplex Residential Income
    Three Duplex Residential Income

    156 Hager Avenue, Richmond, KY 40475

    $660,000
    2,400 sqft 0.17 AC lot

    Three duplexes sold as-is, each with individual basements, laundry hookups, and rear decks.

    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.

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    Residential Land in East Bernstadt
    Residential Land in East Bernstadt

    205 Dove Lane lot: 61, East Bernstadt, KY 40729

    Contact for pricing
    0.51 AC lot

    Level lots suitable for new doublewides or modular homes.

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    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.

    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

    Value Estimation by Request
    1,422 sqft 1.01 AC lot
    View details
    102 Brown Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    102 Brown Ct, Berea, KY 40403-1387

    $610,000
    Estimated value
    1,736 sqft
    View details
    208 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    208 Provincial Way, Berea, KY 40403-7013

    $560,000
    Estimated value
    3,728 sqft
    View details
    210 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    210 Provincial Way, Berea, KY 40403-7508

    $560,000
    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

    Value Estimation by Request
    View details
    203 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    203 Provincial Way, Berea, KY 40403-8107

    Value Estimation by Request
    3,728 sqft
    View details
    207 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    207 Provincial Way, Berea, KY 40403-7016

    Value Estimation by Request
    3,728 sqft
    View details
    202 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)

    202 Provincial Way, Berea, KY 40403-7007

    Value Estimation by Request
    3,768 sqft
    View details
    105 Lewis St
    APARTMENT HOUSE (UNDER 5 UNITS)

    105 Lewis St, Berea, KY 40403-2003

    Value Estimation by Request
    3,538 sqft 2.21 AC lot
    View details
    104 Brown Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    104 Brown Ct, Berea, KY 40403-1389

    Value Estimation by Request
    1,736 sqft
    View details

    Berea, KY Multifamily Properties Market Trends and Statistics

    Explore 17 multifamily properties for sale in Berea, KY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 16,928 square feet of properties for sale, with an estimated market value of $2,255,899.

    Sale prices for multifamily properties in Berea, KY start at $250,000, averaging $375,983, and reaching up to $590,000 — 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 4
    Mobile home & RV parks 1
    Quadplexes 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 $342K

    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%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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