Estimated payment $1,673/month
About This Home
Fully occupied, turnkey duplex in Berea generating immediate cash flow with both 3BR/1.5BA units leased at $1,550/month, producing $3,100/month ($37,200 annually) in gross rental income. Property features stable annual leases, thoughtful interior updates, and energy-efficient improvements including updated HVAC systems, windows, and roofing. Utilities are currently included for both units, with total utility costs averaging approximately $500/month for the entire property. Annual property taxes are approximately $2,000, and insurance averages around $3,000/year. Walkable distance to Berea College, and conveniently located near I-75, local shops, restaurants, and outdoor recreation, this property offers a strong opportunity for investors seeking a stabilized, income-producing asset in a high-demand rental market.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | Price Changed | $289,900 | -1.7% | $129 / 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $128,000 | None Available | |
| Warranty Deed | $84,000 | None Available | |
| Warranty Deed | $91,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $128,000 | Unknown | |
| Previous Owner | $81,900 | New Conventional |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26001566
APN: B010-0016-0002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 LBAR Multiple Listing Service. All Rights Reserved.
- 79 Central Ave
- 109 Bridge Ave
- 206 Dinsmore St
- 975 Big Hill Rd
- 232 Jackson St
- 305 Jackson St
- 75 Ridge Ave
- 113 Christmas Ridge Rd
- 116 Odonnell Rd
- 414 Center St
- 104 Center Ct
- 1028 Burnell Dr
- 46 Reed Hill
- 1050 Burnell Dr
- 1041 Burnell Dr
- 1524 Phyllis Dr
- 184 Keith Dr
- 106 Churchill Ct
- 10 Logston Heights
- 715 Bratcher Ln
- 118 Central Ave Unit Right Side Unit #1
- 100 Rockcastle St Unit 4
- 118 Morning View Rd
- 422 Richmond Rd N
- 184 Garden Gate Dr
- 186 Garden Gate Dr
- 182 Garden Gate Dr
- 160 Garden Gate Dr
- 121-121 Vervain Ct
- 114 General Nelson Dr
- 8077 Driftwood Loop
- 8097 Driftwood Loop
- 8101 Driftwood Loop
- 8105 Driftwood Loop
- 8109 Driftwood Loop
- 8113 Driftwood Loop
- 8028 Driftwood Loop
- 6061 Arbor Woods Way
- 8125 Driftwood Loop
- 6056 Arbor Woods Way
Ask me questions while you tour the home.