$324,500
- 8 Beds
- 4 Baths
- 3,416 sqft (on 0.26 acres)
118 Salter Rd, Berea, KY 40403
Est. Refi. Payment $2,026/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 17, 2026 for $325,000 (1% below list price)
Home Value
Trulia Estimate
$325KSince last month
Decreased$1K (-0.4%)Since last year
Increased$57K (+21.5%)Since last sale
Decreased$800 (-0.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +78% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $324K |
| August 2026 | $325K |
| July 2026 | $325K |
| June 2026 | $325K |
| May 2026 | $326K |
| April 2026 | $326K |
2025 | |
2024 | |
2023 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Multi-Family Home | $325,000 | 06/17/26 | 8 | 4 | 3,294 | |
0.02 | Multi-Family Home | $306,000 | 03/09/26 | 8 | 4 | 3,200 | |
4.17 | Multi-Family Home | $275,000 | 06/17/26 | 8 | 4 | 3,472 | |
3.96 | Multi-Family Home | $247,000 | 05/28/26 | 4 | 3 | 2,160 | |
4.15 | Multi-Family Home | $275,000 | 06/17/26 | 8 | 4 | 3,472 | |
4.06 | Multi-Family Home | $575,000 | 06/11/26 | 10 | 8 | 4,660 | |
4.00 | Multi-Family Home | $575,000 | 08/31/26 | 10 | 12.5 | 4,512 | |
4.10 | Multi-Family Home | $185,000 | 05/12/26 | 4 | 2.5 | 1,720 | |
4.13 | Multi-Family Home | $275,000 | 06/17/26 | 4 | 2 | 1,602 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $325,000 | 8 | 4 | 3,294 | Recently Sold | |
0.03 | $252,800 | 4 | 2 | 1,556 | Off Market | |
0.07 | $126,400 | 3 | 1 | 1,485 | Off Market | |
0.02 | $306,000 | 8 | 4 | 3,200 | Recently Sold | |
0.09 | $184,900 | 3 | 1 | 1,030 | Off Market | |
0.13 | $191,600 | 3 | 1 | 1,113 | Off Market | |
0.13 | $210,000 | 3 | 1.5 | 1,218 | Recently Sold | |
0.19 | - | 3 | 2 | 1,744 | Off Market | |
0.20 | $155,300 | 2 | 1 | 900 | Off Market | |
0.14 | $189,700 | 3 | 1 | 1,080 | Off Market | |
0.18 | $265,000 | 4 | 2 | 2,214 | Recently Sold |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1989
0.26 acre lot
3,416 sqft
$95/sqft
10 Parking Spaces
About this House
All-brick quadruplex with a durable metal roof. Four rental units, each updated for durability and tenant comfort. Current gross monthly income: approximately $3,800 from 4/4 units leased. Property features include an all-brick exterior and low-maintenance metal roof with updated interiors. Unit 1 offers new cabinets and countertops, LVP, refrigerator, oven, bathtub, PTAC, three new windows, and fresh paint. Unit 2 includes new LVP, oven, refrigerator, vanity, bathtub, water heater, and fresh paint. Unit 3 features a new vanity, bathtub reglazing, and fresh paint. Unit 4 provides a new refrigerator, ceiling fans, and fresh paint. Income/occupancy is 4 of 4 units leased, ~ $3,800/month gross. Opportunity highlights a turnkey investment with strong occupancy and potential to optimize net income with rent adjustments.
118 Salter Rd, Berea, KY 40403 is a 8 bedroom, 4 bathroom, 3,416 sqft multi-family built in 1989. It last sold for $325,000 on Jun 17, 2026 (1% below the $329,000 asking price). More recently, it was listed as a rental in February 2023 with an asking price of $800 per month. That rental listing was removed on March 10, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $324,500, with a rent estimate of $1,104/month.
Last check for updates: about 4 hours ago
Listed by Cassie Foley, (859) 248-1507
CENTURY 21 Advantage Realty
Lisa Scully, (859) 575-0388
CENTURY 21 Advantage Realty
Bought with: Derrick A Simpson, (859) 351-8767, CENTURY 21 Advantage Realty
Source: Imagine MLS, MLS#26005942

Home Details for 118 Salter Rd
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 3416 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Sewer Connected, Water ConnectedLaundry: Electric Dryer Hookup,Washer Hookup |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Electric,Multi UnitsHas 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: 10Parking: Gravel,Paved |
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Year Built Year Built: 1989 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New Construction |
Property Information Parcel Number: 071A00000008 |
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Price List Price: $329,000Price Per Sqft: $95/sqft |
Status Change & Dates Off Market Date: Wed Mar 25 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: BereaCommunity: Executive Park |
School Information Elementary School: KirksvilleJr High / Middle School: FarristownHigh School: Madison SoHigh School District: Madison County - 8 |
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Building Area Building Area: 3416 Square Feet |
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Units in Building: 4 |
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Lot Area: 0.26 acres |
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Mls Number: 26005942 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 17, 2026 Source: Imagine MLS #26005942 | Sold | $325,000 |
Mar 10, 2023 Source: Zillow Rentals | ListingRemoved | |
Feb 18, 2023 Source: Zillow Rentals | Listed For Rent | $800 |
Nov 2, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Oct 25, 2021 Source: Zillow Rental Manager | Listed For Rent | $750 |
Oct 22, 2021 Source: Imagine MLS #20119887 | Sold | $240,000 |
Sep 14, 2021 Source: Imagine MLS #20119887 | Pending | $240,000 |
Jan 13, 2006 Source: N/A | Sold | $90,425 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2021 | $896 | $90,425 |
Home facts updated by county records
Market trends in Berea
Last updated August 2026
Avg. sale price
$260K
$4.67KMoM
Sale-to-List Price
98.2%
0.5%MoM
Price per sq ft
$156
$2MoM
Available listings
132
3MoM
Around this home
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

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.
Frequently asked questions about 118 Salter Rd
- What is 118 Salter Rd estimated to be worth?Trulia's estimated value for 118 Salter Rd in Berea, KY is $324,500.
- What is the price history for 118 Salter Rd?118 Salter Rd in Berea, KY last sold for $325,000 in June 2026.
- Is Berea a buyer's or seller's market?Berea is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Berea?The median sale price in Berea is $260K. That is down $4.67K from the prior month.
- Does 118 Salter Rd have air conditioning?Yes, 118 Salter Rd in Berea, KY has air conditioning.
- Does 118 Salter Rd have laundry facilities?Yes, 118 Salter Rd in Berea, KY has laundry facilities.