Leslie Pointer - Benchmark Realty Logo
$269,900
 $1,449 est/mo Sourced by Back At You

118 Central Avenue,Berea, KY 40403

Berea, KY 40403

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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.

Details

MLS #26001566
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1994
Days On Site264
Listing Provided ByCentury 21 Pinnacle | Bill Adams

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet2,248
Building(s)1
ZoningOther
Acreage0.17

Interior

CoolingElectric
HeatingElectric
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofMetal

Parking

Attached Garage Yes / NoNo
Parking FeaturesOn Site, Paved

Utilities

UtilitiesElectricity Connected, Sewer Connected, Water Connected

Area Information

StateKY
CountyMadison
CityBerea
Zip Code40403
Area008 Madison County
SubareaMadison County
Community NameDowntown
School DistrictBerea Independent
Elementary SchoolBerea Community
High SchoolBerea Community
Listing VS Median (in Downtown)
Price:
$269,900
low | high
Med:
$229,000
65.153760652093% of Average
sqft:
2,248
low | high
Med:
1,775
71.040925266904% of Average
$ / sqft:
$120
low | high
Med:
$141
32.66671371525% of Average
On site:
264
low | high
Med:
62
100% of Average
Sourced by Back At You

Market Activity 40403

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Additional Information

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Contact

Learn More About This Property

Leslie Pointer

Leslie Pointer

Benchmark Realty

(931) 436-4972lesliepointer@yahoo.com
StateKY
CountyMadison
CityBerea
Zip Code40403
Area008 Madison County
SubareaMadison County
Community NameDowntown
School DistrictBerea Independent
Elementary SchoolBerea Community
High SchoolBerea Community
Listing VS Median (in Downtown)
Price:
$269,900
low | high
Med:
$229,000
65.153760652093% of Average
sqft:
2,248
low | high
Med:
1,775
71.040925266904% of Average
$ / sqft:
$120
low | high
Med:
$141
32.66671371525% of Average
On site:
264
low | high
Med:
62
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $202K - $337K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
106 Dinsmore Street Property Photo 1
$209,900
106 Dinsmore Street
Berea, KY 40403
Listing Updated: September 29, 2026 at 2:24:44 AM PDT