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Berea, KY

Residential Income

Berea, KY Residential Income Properties for Sale

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

11 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.

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 30 Potential Opportunities for your consideration. Besides 11 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 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.

Duplex with Vacant Unit

Duplex with Vacant Unit

217 Mcdaniel Dr, Richmond, KY 40475

$299,900

2,772 sqft

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

Land, Waco, KY

Land, Waco, KY

2339 Dreyfus Road, Waco, KY 40385

$120,000

5.00 AC lot

Residential land & home lots · 5.00 Acres

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.

210 Acres of Land, Richmond

210 Acres of Land, Richmond

1700 Red House Road, Richmond, KY 40475

$1,622,500

210.00 AC lot

210 acres of land suitable for residential or commercial development.

Residential Lot in Richmond, KY

Residential Lot in Richmond, KY

109 Dawn Court, Richmond, KY 40475

$79,000

1.56 AC lot

1.56 acre residential lot ready for your dream home.

Residential Land in Richmond, Kentucky

Residential Land in Richmond, Kentucky

116 Dawn Court, Richmond, KY 40475

$79,000

1.03 AC lot

Residential lot for single-family home with developer approval required.

Residential Land in Single-Family Community

Residential Land in Single-Family Community

114 Dawn Court, Richmond, KY 40475

$79,000

1.00 AC lot

Residential land for building a single-family home in Richmond, KY.

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 Residential Income Properties Market Trends and Statistics

Explore 22 residential income properties for sale in Berea, KY, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 22,574 square feet of properties for sale, with an estimated market value of $7,506,600.

Sale prices for residential investment properties in Berea, KY start at $250,000, averaging $682,418, 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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Most Searched ZIP Codes in Berea, KY

40403

Featured Berea Real Estate Agencies

Realmo connects you with licensed Berea CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Realty World Adams & Associates, Inc.

632 Chestnut Street Berea, KY 40403

Phone: (859) 314-7878

www.RealtyWorldAdams.com

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