Residential Income

Berea, KY Residential Income 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
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
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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
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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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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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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 5 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.

Well-Maintained Quadplex Investment
Well-Maintained Quadplex Investment

201 Danville Street, Lancaster, KY 40444

$450,000
3,400 sqft 0.34 AC lot

Well-maintained quadplex with a 3-year-old roof, new heat pump system, remodeled foyer, and paved parking lot.

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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.

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Richmond KY Duplex For Sale
Richmond KY Duplex For Sale

101 Purcell Drive, Richmond, KY 40475

$269,900
1,636 sqft 0.22 AC lot

Well-maintained duplex near EKU with great rental income potential.

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Mixed-Use Income Property
Mixed-Use Income Property

105&107 Richmond Street, Lancaster, KY 40444

$489,999
10,525 sqft 0.05 AC lot

7-unit mixed residential and commercial building with diversified tenant income in downtown Lancaster.

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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.

Richmond, KY Land for Sale
Richmond, KY Land for Sale

340 Winford Drive, Richmond, KY 40475

$220,000
26.18 AC lot

26.18 acres of secluded land in gated community.

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Residential Land in Executive Neighborhood
Residential Land in Executive Neighborhood

6 Sundae Drive, Richmond, KY 40475

$49,999
1.33 AC lot

1.3+ acre lot in Richmond, build your dream home!

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Secluded Farmland Homesite Opportunity
Secluded Farmland Homesite Opportunity

420 Concord Road, Richmond, KY 40475

$399,000
40.93 AC lot

Private 40-acre homesite with breathtaking views near Richmond, Kentucky.

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Residential Land Near Lake Linville
Residential Land Near Lake Linville

Mount Vernon, KY 40456

Contact for pricing
0.53 AC lot

0.53-acre homesite with lake access near I-75.

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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 Residential Income Properties Market Trends and Statistics

Explore 16 residential income properties for sale in Berea, KY, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 14,680 square feet of properties for sale, with an estimated market value of $1,969,899.

Sale prices for residential income properties in Berea, KY start at $250,000, averaging $393,979, 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

Multifamily properties 5
Duplexes 3
Mobile home & RV parks 1
Quadplexes 1
Triplexes 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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