$294,900
$15K PRICE DROP

118 Central Ave Berea, KY 40403

Estimated payment $1,644/month

Total Views 1,801
6 Beds
4 Baths
2,248 Sq Ft
$131 Price per Sq Ft

About This Home

Rare brick duplex featuring two 3BR/1.5BA units! One side is vacant and move-in ready with new flooring, updated baths, fresh paint, and new stairwell carpet/trim. The second unit is leased to a long-term tenant at $1,100/month (utilities included), with market rent estimated around $1,500. Energy-efficient systems help keep operating costs low. Ideal opportunity for investors or owner-occupants—live in one unit and rent the other. Solid construction, strong income potential, and hard-to-find layout make this a must-see!

Listing Agent

Bill Adams

Century 21 Pinnacle License #210188 Listed on: 01/22/2026

Co-Listing Agent

Cassandra Adams

Century 21 Pinnacle License #202508

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 7,275 Sq Ft Lot

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 2,248 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 4 Parking Spaces
  • Paved Parking

Schools

  • Berea Community Elementary And Middle School
  • Berea Community High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Downtown Subdivision
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number B010-0016-0002

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1994
  • Laundry Features:Washer Hookup: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • LivingArea: 2248.0
  • Lot Size Area: 0.17
  • Total Stories: 2

Exterior Features

  • Roof: Metal
  • List Price: 294900.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Paved
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Utilities: Electricity Connected, Sewer Connected, Water Connected

Schools

  • Elementary School: Berea Community
  • High School: Berea Community
  • Middle or Junior School: Berea Community

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7274.52
  • Parcel Number: B010-0016-0002
  • Zoning Description: R-2

Multi Family

  • Number of Units Vacant: 1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,526 $128,000 $0 $0
2024 $1,507 $128,000 $0 $0
2023 $1,674 $128,000 $0 $0
2022 $1,624 $128,000 $0 $0
2021 $1,723 $128,000 $0 $0
2020 $1,105 $84,000 $0 $0
2019 $1,141 $84,000 $0 $0
2018 $1,119 $84,000 $0 $0
2017 $1,096 $84,000 $0 $0
2016 $1,067 $84,000 $0 $0
2015 $1,216 $84,000 $0 $0
2014 $1,084 $84,000 $0 $0
2012 $1,084 $84,000 $84,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2026 03/03/26 Price Changed $294,900 -4.3% $131 / Sq Ft
02/20/2026 02/20/26 Price Changed $308,000 -0.6% $137 / Sq Ft
01/22/2026 01/22/26 For Sale $310,000 -- $138 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $128,000 None Available
Warranty Deed $84,000 None Available
Warranty Deed $91,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 Unknown
Previous Owner $81,900 New Conventional
Source: Public Records

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 26001566

ImagineMLS (Bluegrass REALTORS®)

APN: B010-0016-0002

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