118 Central Ave
Berea, KY 40403
6 Beds
3 Baths
2,248 sqft
$269,900
$269,900
6 Beds
3 Baths
2,248 sqft
Home Highlights
Parking
4 Parking Spaces
Climate Control
Heating & Cooling
Price/Sqft
$120
Listed
Less than a day ago
Local Information
- Map ViewExplore the area around 118 Central Ave.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Home Details for 118 Central Ave
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 2248 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Sewer Connected, Water ConnectedLaundry: Electric Dryer Hookup,Main Level,Washer Hookup |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric |
Levels, Entrance, & Accessibility Number of Stories: 2 |
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Exterior Home Features Roof: Metal |
Parking & Garage No Attached GarageParking Spaces: 4Parking: On Site,Paved |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1994 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: DuplexArchitecture: Duplex |
Building Attached To Another Structure |
Property Information Parcel Number: B01000160002 |
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Price List Price: $269,900Price Per Sqft: $120 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: BereaCommunity: Downtown |
School Information Elementary School: Berea CommunityJr High / Middle School: Berea CommunityHigh School: Berea CommunityHigh School District: Berea Independent |
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Listing Agent Listing ID: 26001566 |
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Building Area Building Area: 2248 Square Feet |
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Number Of Vacant Units: 1 |
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Lot Area: 7274.52 sqft |
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Mls Number: 26001566 |
Last check for updates: about 2 hours ago
Listing courtesy of Bill Adams, (859) 302-7878
Century 21 Pinnacle
Cassandra Adams, (859) 623-1900
Century 21 Pinnacle
Source: Imagine MLS, MLS#26001566
Also Listed on Imagine MLS.
Market trends in Berea
Last updated June 2026
Avg. sale price
$261K
$7.5KMoM
Sale-to-List Price
99.0%
0.1%MoM
Price per sq ft
$159
$4MoM
Available listings
125
2MoM
Price History for 118 Central Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 08/05/2026 | $269,900 | Listed For Sale | Imagine MLS #26001566 |
| 07/21/2026 | $286,000 | ListingRemoved | Imagine MLS #26001566 |
| 07/05/2026 | $286,000 | PriceChange | Imagine MLS #26001566 |
| 03/31/2026 | $289,900 | PriceChange | Imagine MLS #26001566 |
| 03/03/2026 | $294,900 | PriceChange | Imagine MLS #26001566 |
| 02/20/2026 | $308,000 | PriceChange | Imagine MLS #26001566 |
| 01/22/2026 | $310,000 | Listed For Sale | Imagine MLS #26001566 |
| 02/14/2020 | $150,000 | ListingRemoved | Agent Provided |
| 01/14/2020 | $150,000 | Listed For Sale | Agent Provided |
| 07/01/2009 | $84,000 | Sold | N/A |
| 01/27/2005 | $91,000 | Sold | N/A |
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- See more homes for sale inBerea
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,507 |
| Assessment | $128,000 |
Home facts updated by county records
Comparable Sales for 118 Central Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.76 | Multi-Family Home | $260,000 | 02/12/26 | 4 | 2 | 2,135 | |
1.56 | Multi-Family Home | $293,000 | 03/13/26 | 4 | 2 | 2,110 | |
1.68 | Multi-Family Home | $185,000 | 05/12/26 | 4 | 2.5 | 1,720 | |
1.60 | Multi-Family Home | $275,000 | 06/17/26 | 8 | 4 | 3,472 | |
1.64 | Multi-Family Home | $275,000 | 06/17/26 | 4 | 2 | 1,602 | |
1.62 | Multi-Family Home | $275,000 | 06/17/26 | 8 | 4 | 3,472 | |
1.64 | Multi-Family Home | $125,000 | 06/17/26 | 2 | 1 | 1,692 | |
1.84 | Multi-Family Home | $395,000 | 08/29/25 | 8 | 4 | 4,332 | |
1.38 | Multi-Family Home | $219,900 | 05/11/26 | 6 | 4 | 2,880 | |
2.29 | Multi-Family Home | $425,000 | 10/08/25 | 6 | 4 | 2,556 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
SOLDAUG 3, 2026Bluegrass Properties Group, Imagine MLS
SOLDMAY 29, 2026Keller Williams Commonwealth, Imagine MLS
OFF MARKETCentury 21 Pinnacle, Imagine MLS
OFF MARKETSallie Davidson, Realtors, Imagine MLS
SOLDJAN 12, 2026Nola Newman Realty, Imagine MLS
SOLDMAY 6, 2026Century 21 Pinnacle, Imagine MLS
OFF MARKETCentury 21 Pinnacle, Imagine MLS
OFF MARKETRE/MAX Elite Realty, Imagine MLS
Assigned Schools
These are the assigned schools for 118 Central Ave.
- Berea Community Elementary School
- PK-5
- Public
- 460 Students
6/10GreatSchools RatingParent Rating AverageThis was the best school ever for my children. It provided them with all the tools they needed to learn and educated them on many important topics. The school has a nice atmosphere and pretty much everyone there is very kind and supportive to students.Parent Review2y ago - Berea Community High School
- 9-12
- Public
- 301 Students
7/10GreatSchools RatingParent Rating AverageThis school was a fiasco for my child. Administration cannot manage and are impossible to talk to. No communication from teachers. I don’t get it?! It used to be the school to go to in the county. now it’s the school to avoid. Glad my student is out of there before it had any lasting damage.Parent Review8y ago - Berea Community Middle School
- 6-8
- Public
- 203 Students
5/10GreatSchools RatingParent Rating AverageI am a former student of this school, and after transferring schools due to my terrible experiences with a few select teachers, can say that if you want your children to actually learn, Berea Community is a very poor choice. The algorithm for middle school students covers content that most kids would learn in elementary school. There are very few opportunities for learning growth, except for an elementary "gifted and talented," which had poor standards for it's selection of students. You also receive an enormous amount of homework, which sometimes takes hours to complete, with little sympathy from teachers. Which also ties into my next point, they don't really accommodate disabilities. They do have classes for students with learning disabilities, but for students like me, there are not many accommodations. My academic performances are fine, but due to my ADHD I tend to fidget a lot. In class I'd bounce my leg, or fidget my hands. I'd get many "write ups," for things like, "Weird hand movements." Despite my protest, no teacher would ever listen to my explanation for my fidgeting. Their counselor is also extremely hard to meet with, with almost every student needing one and the school not having the resources to provide enough care. I legally should have been provided with resources, like a 504 plan, which I have now. Berea Community did not provide any resources for me, and unjustly accused me for things I have no control over. This is why I strongly advise against Berea Community, if you want any accommodations or opportunities for your child.Other Review4y ago 
Check out schools near 118 Central Ave.
What Locals Say about Berea
At least 113 Trulia users voted on each feature.
87 % Say car is needed
87 % Say parking is easy
80 % Say it's dog friendly
79 % Say yards are well-kept
72 % Say there's holiday spirit
71 % Say kids play outside
64 % Say streets are well-lit
64 % Say there are sidewalks
61 % Say people would walk alone at night
56 % Say it's quiet
55 % Say neighbors are friendly
55 % Say there's wildlife
41 % Say they plan to stay for at least 5 years
38 % Say it's walkable to restaurants
32 % Say it's walkable to grocery stores
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Bill Adams, Century 21 Pinnacle
Agent Phone: (859) 302-7878
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
118 Central Ave, Berea, KY 40403 is a 6 bedroom, 4 bathroom, 2,248 sqft multi-family built in 1994. This property is currently available for sale and was listed by Imagine MLS on Aug 5, 2026. The MLS # for this home is MLS# 26001566.