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Berea, KY

Multifamily

Berea, KY Multifamily Properties for Sale

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Nicholasville, KY Richmond, KY Paint Lick, KY Mount Vernon, KY Waco, KY Crab Orchard, KY Lancaster, KY Mc Kee, KY

12 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

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

Triplex with RV Rental Site

Triplex with RV Rental Site

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

$539,900

2,922 sqft 4.00 AC lot

Three occupied rental homes are complemented by an established RV and camper rental operation.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

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.

Duplex with Attached Garage

Duplex with Attached Garage

812 Ridgewood Drive, Berea, KY 40403

$250,000

2,294 sqft 0.23 AC lot

Two-unit residential property with heat pump systems and convenient access to I-75 in Berea.

Duplex with Metal Roof

Duplex with Metal Roof

821 Ridgewood Drive, Berea, KY 40403

$295,000

2,880 sqft 0.24 AC lot

Recent roof and flooring work updates the property’s physical condition.

Duplex with Attached Garages

Duplex with Attached Garages

408 Nandino Circle, Berea, KY 40403

$425,000

2,510 sqft 0.51 AC lot

Each residence includes three bedrooms, two full baths, and a private garage.

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.

Updated Duplex with Two Units

Updated Duplex with Two Units

118 Central Avenue, Berea, KY 40403

$269,900

2,248 sqft 0.17 AC lot

Fully occupied two-unit property with refreshed systems and convenient access to Berea College, I-75, shops, restaurants, and recreation.

32-Unit Apartment Property

32-Unit Apartment Property

502-632 Nandino Circle, Berea, KY 40403

$3,552,000

7.96 AC lot

Multi-building apartment property with two-bedroom, two-bath residences, landscaped grounds, patios, decks, and a pond.

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.

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.

Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 12 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.

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.

Two-Unit Brick Duplex

Two-Unit Brick Duplex

423 Sara Leigh Drive, Richmond, KY 40475

$300,000

2,134 sqft 0.30 AC lot

Fully occupied duplex with matching two-bedroom layouts and upstairs sleeping areas.

Rented Two-Unit Duplex

Rented Two-Unit Duplex

423 Sara Leigh Dr Unit 1-2, Richmond, KY 40475

$300,000

2,134 sqft

Two connected residences offer separate living areas with bedrooms arranged on the upper level.

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.

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 Level Land Tract

Cleared Level Land Tract

Mc Kee, KY 40447

Contact for pricing

1.60 AC lot

Parcel adjoins Baldwin Road and has water available for future site planning.

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.

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.

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.

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

Estimated value:

$70,000

1,422 sqft 1.01 AC lot

102 Brown Ct

APARTMENT HOUSE (UNDER 5 UNITS)

102 Brown Ct, Berea, KY 40403-1387

Estimated value:

$695,000

1,736 sqft

208 Provincial Way

APARTMENT HOUSE (UNDER 5 UNITS)

208 Provincial Way, Berea, KY 40403-7013

Estimated value:

$500,000

3,728 sqft

210 Provincial Way

APARTMENT HOUSE (UNDER 5 UNITS)

210 Provincial Way, Berea, KY 40403-7508

Estimated value:

$500,000

3,728 sqft

200 Melody Ln

Multifamily properties

200 Melody Ln, Berea, KY 40403

Estimated value: by Request

6,044 sqft 0.73 AC lot

206 Provincial Way

APARTMENT HOUSE (UNDER 5 UNITS)

206 Provincial Way, Berea, KY 40403-7011

Estimated value:

$455,000

203 Provincial Way

APARTMENT HOUSE (UNDER 5 UNITS)

203 Provincial Way, Berea, KY 40403-8107

Estimated value:

$725,000

3,728 sqft

207 Provincial Way

APARTMENT HOUSE (UNDER 5 UNITS)

207 Provincial Way, Berea, KY 40403-7016

Estimated value:

$715,000

3,728 sqft

202 Provincial Way

APARTMENT HOUSE (UNDER 5 UNITS)

202 Provincial Way, Berea, KY 40403-7007

Estimated value:

$730,000

3,768 sqft

105 Lewis St

APARTMENT HOUSE (UNDER 5 UNITS)

105 Lewis St, Berea, KY 40403-2003

Estimated value:

$840,000

3,538 sqft 2.21 AC lot

104 Brown Ct

APARTMENT HOUSE (UNDER 5 UNITS)

104 Brown Ct, Berea, KY 40403-1389

Estimated value: by Request

1,736 sqft

Berea, KY Multifamily Properties Market Trends and Statistics

Explore 23 multifamily properties for sale in Berea, KY, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 24,822 square feet of properties for sale, with an estimated market value of $7,776,500.

Sale prices for multifamily properties in Berea, KY start at $250,000, averaging $648,041, 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

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	$648K

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)

How Realmo verifies these figures

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