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Listed price in listed location currency (USD).
$289,900

644

MLS® 26001566

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2248 sqft
Garage 
Taxes 
Days Active 137
Lot Size 
Approx. Age 1994
Avg. Price Per Sqft $128
MLS® Number 26001566

Property Address: 118 Central Ave, Berea, KY, 40403-1822

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number26001566
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1994
Basement
DrivewayOn Site, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 22, 2026List Date
$289,900List Price
  • Commute

Commute

Starting Address
Destination Address
118 Central Ave, Berea, KY

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