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Sold on 06/17/2026
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116 Salter Rd, Berea, KY 40403

$325,000

Last sold 06/17/2026 after 84 Days

  • 8

    bed

  • 4

    bath

  • 3,294

    Sqft ($99/Sqft)

Multi-family not for sale
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About 116 Salter Rd

Property type Multi-family
Year built 1989
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Property description
This all-brick, well-maintained two-story quad offers solid investment potential with a mix of updated features and reliable cash flow. Each of the four units is a comfortable 2-bedroom, 1-bath single-floor layout—two units on the first floor and two units on the second floor within the same building footprint. The current monthly income is $2,700, with one unit currently vacant, presenting an immediate opportunity to maximize occupancy and rent.
Listed by
Listing Agent - Cassie Foley
Listing Office - CENTURY 21 Advantage Realty
Source: Imagine MLS mls logo
MLS#26005940 • last updated 3 months ago
Movoto checked Imagine MLS for data 3 minutes ago
Overview
Cooling/AC Electric, Multi Units
Heating Electric
Levels/Style Quadruplex
MLS # 26005940
Status Closed
SubType Quadruplex
SqFt 3294
Lot Size (SqFt) 10018.8
Lot Size (Acres) 0.23
Year Built 1989
Interior
Total # of Bathrooms 4
# of Full Baths 4
Total # of Bedrooms 8
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Roof Metal
Parking Gravel, Paved
Location
Subdivision Executive Park
Elementary School Kirksville
Middle School Farristown
High School District Madison County - 8
High School Madison So
Directions Richmond Road, Turn Onto Menelaus Road, Turn Right Onto Salter Road, Building On The Right
APN 071A-0000-0007
Zoning UC-1
Multifamily Details
Total # of Buildings 1
Total # of Units 4
$323K
Range: $277K-$368K
Last 30 days 
  • Jun 2026
    mls logo MLS # 26005940
  • Jun 17, 2026 Sold
    $325,000 (-1.2%)
  • Mar 25, 2026 Pending
    —
  • Mar 25, 2026 Listed
    $329,000 (+37.1%)
  • Oct 2021
    mls logo MLS # 20119884
  • Oct 25, 2021 Sold
    $240,000 (-50.0%)
  • Sep 14, 2021 Listed
    $240,000
  • Sep 13, 2021 Listed
    $240,000 (+165.4%)
  • Sep 13, 2021 Pending
    —
  • Oct 2021
    Public Records
  • Oct 22, 2021 Sold
    $480,000 (+100.0%)
  • Feb 2017
    Public Records
  • Feb 15, 2017 Sold
    $90,425
  • Jan 2006
    Public Records
  • Jan 12, 2006 Sold
    $90,425
  • Year Property taxes Tax assessment
  • 2024
    $2,299 -1.2%
    $240,000
  • 2023
    $2,328 -0.3%
    $240,000
  • 2022
    $2,335 +160.6%
    $240,000 +165.41%
  • 2021
    $896 -2.0%
    $90,425
  • 2020
    $915 -0.5%
    $90,425
  • 2019
    $919
    $90,425
  • 2018
    $919 +1.1%
    $90,425
  • 2017
    $909 +0.8%
    $90,425
  • 2016
    $902 +4.0%
    $90,425
  • 2011
    $867
    —
  • 116 Salter Rd
    $325K
  • —
  • 40403
    $279K 0% y/y
  • Berea
    $279K 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Kirksville Elementary School
public Grades PK, K-5
Madison County School District
10/10
Farristown Middle School
public Grades 6-8
Madison County School District
8/10
Madison Southern High School
public Grades 9-12
Madison County School District
Source: GreatSchools.org © 2026. All rights reserved.

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