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    Berea, KY
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    Berea, KY Multifamily Properties for Sale

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    Paint Lick, KY Richmond, KY Crab Orchard, KY
    6 results
    Berea Fourplex with Recent Updates
    $590,000
    4,512 SF

    Berea Fourplex with Recent Updates

    907 Weeping Willow Drive, Berea, KY 40403

    Well-maintained fourplex in Berea with recent capital improvements.

    • 2023 Roof with transferable 10‑year warranty.
    • Two 3‑bedroom, 2.5‑bath townhome‑style units.
    • Extensive interior updates including newer HVAC, water heaters, flooring, doors, windows, bath fixtures, and appliances.
    • Video security system.
    • Opportunity to assemble 8 doors on the same street by purchasing 913 Weeping Willow.
    Updated: Mar 12
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    Berea Fourplex with Recent Upgrades
    $590,000
    4,660 SF

    Berea Fourplex with Recent Upgrades

    913 Weeping Willow Drive, Berea, KY 40403

    Investor-friendly fourplex in Berea with consistent interior upgrades.

    • Investor‑friendly fourplex with a desirable unit mix of two 2‑bedroom, 1.5 bath & two 3‑bedroom, 2.5 bath units.
    • Enjoy peace of mind with the 2023 roof featuring a transferable 10‑year warranty.
    • Experience consistent interior upgrades: including newer heat pump, LVP and carpet, updated bath fixtures, appliances, windows, doors, and water heaters.
    • Enhanced security with a video security system.
    • Option to acquire 8 doors on the same street (907 Weeping Willow also for sale by same seller).
    Updated: Mar 12
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    Berea Multifamily Investment Opportunity
    $299,999
    2,880 SF

    Berea Multifamily Investment Opportunity

    Three-bedroom investment property near I-75 in Berea, Kentucky.

    821 Ridgewood Drive, Berea, KY 40403
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    Updated Quadruplex with Strong Occupancy
    $329,000
    3,416 SF

    Updated Quadruplex with Strong Occupancy

    Turnkey investment property with updated units and income potential.

    118 Salter Road, Berea, KY 40403
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    Berea Quadplex Investment Opportunity
    $329,000
    3,294 SF

    Berea Quadplex Investment Opportunity

    Well-maintained quadplex with income potential in Berea, Kentucky.

    116 Salter Road, Berea, KY 40403
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    Turnkey Duplex in Berea, KY
    $289,900
    2,248 SF

    Turnkey Duplex in Berea, KY

    Fully occupied duplex generating immediate cash flow near Berea College.

    118 Central Avenue, Berea, KY 40403
    View details
    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 Duplex in Richmond, KY
    $239,900
    1,800 SF

    Income-Producing Duplex in Richmond, KY

    Fully occupied duplex with value-add potential in Richmond, Kentucky.

    214 Valley Street, Richmond, KY 40475
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    Versatile Multi-Building Commercial Property
    $350,000
    1,200 SF

    Versatile Multi-Building Commercial Property

    Multi-building property near Renfro Valley with income potential.

    Mount Vernon, KY 40456
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    Richmond Multifamily Investment Opportunity
    $660,000
    2,400 SF

    Richmond Multifamily Investment Opportunity

    Three duplexes for sale, offering immediate cash flow potential.

    156 Hager Avenue, Richmond, KY 40475
    View details
    Versatile Multi-Building Property Near I-75
    $350,000
    2.07 Acres

    Versatile Multi-Building Property Near I-75

    Multi-building property near Renfro Valley with income potential and expansion.

    145 Hummel Rd, Mount Vernon, KY 40456
    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.

    Land For Sale in McKee
    Contact for pricing
    1.60 Acres

    Land For Sale in McKee

    1.6 acre tract with utilities and road frontage.

    Mc Kee, KY 40447
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    Land For Sale in McKee
    Contact for pricing
    1.68 Acres

    Land For Sale in McKee

    1.68 acre recreational land with utilities in McKee, Kentucky.

    Mc Kee, KY 40447
    View details
    Wooded Lot with Utilities
    $34,000
    0.63 Acres

    Wooded Lot with Utilities

    Wooded 0.63-acre lot with septic, water, and electric.

    113 Lot 55 Yellowstone Drive lot: 55, East Bernstadt, KY 40729
    View details
    Residential Land in East Bernstadt
    Contact for pricing
    0.51 Acres

    Residential Land in East Bernstadt

    Level lots suitable for new doublewides or modular homes.

    205 Dove Lane lot: 61, East Bernstadt, KY 40729
    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
    1,422 SF Lot: 1.01 Acres
    Value Estimation by Request

    Mt Vernon Rd, Berea, KY 40403

    View details
    102 Brown Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,736 SF
    Estimated value
    $610,000

    102 Brown Ct, Berea, KY 40403-1387

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

    208 Provincial Way, Berea, KY 40403-7013

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

    210 Provincial Way, Berea, KY 40403-7508

    View details
    200 Melody Ln
    Multifamily properties
    6,044 SF Lot: 0.73 Acres
    Value Estimation by Request

    200 Melody Ln, Berea, KY 40403

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

    206 Provincial Way, Berea, KY 40403-7011

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

    203 Provincial Way, Berea, KY 40403-8107

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

    207 Provincial Way, Berea, KY 40403-7016

    View details
    202 Provincial Way
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,768 SF
    Value Estimation by Request

    202 Provincial Way, Berea, KY 40403-7007

    View details
    105 Lewis St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,538 SF Lot: 2.21 Acres
    Value Estimation by Request

    105 Lewis St, Berea, KY 40403-2003

    View details
    104 Brown Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,736 SF
    Value Estimation by Request

    104 Brown Ct, Berea, KY 40403-1389

    View details

    Berea, KY Multifamily Properties Investment Opportunities Market Analysis

    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 21,010 square feet of properties for sale, with an estimated market value of $2,427,899.

    Sale prices for multifamily properties in Berea, KY start at $289,900, averaging $404,649, 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

    Quadplexes 4
    Duplexes 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    40403 $404.6K

    Taxes & Financing

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

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