118 Salter Rd, Berea, KY 40403
SOLD
JUN 17, 2026

$324,500

Trulia Estimate
  • 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 Home
Currently Off Market - Sold Jun 17, 2026 for $325,000 (1% below list price)

Home Value

Trulia Estimate
$325K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 118 Salter Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

Exterior Home Features
Roof: Metal
Parking & Garage
No Attached GarageParking Spaces: 10Parking: Gravel,Paved

Property Information

Year Built
Year Built: 1989
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Not a New Construction
Property Information
Parcel Number: 071A00000008

Price & Status

Price
List Price: $329,000Price Per Sqft: $95/sqft
Status Change & Dates
Off Market Date: Wed Mar 25 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: BereaCommunity: Executive Park
School Information
Elementary School: KirksvilleJr High / Middle School: FarristownHigh School: Madison SoHigh School District: Madison County - 8

Building

Building Area
Building Area: 3416 Square Feet

Community

Units in Building: 4

Lot Information

Lot Area: 0.26 acres

Miscellaneous

Mls Number: 26005942

Price and Tax history

DateEventPrice
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

Market trends in Berea

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$260K
$4.67K
MoM
Sale-to-List Price
98.2%
0.5%
MoM
Price per sq ft
$156
$2
MoM
Available listings
132
3
MoM

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.
  • Johnathanroe96
    "It’s a quick and easy commute to almost every major road way in any direction. Theres plenty of food options and things as well "
  • Jpsmlee
    "Many of my neighbors own dogs. I see them walk their dogs every day. I am pleased to find dogs are welcome in my neighborhood."
  • Jpsmlee
    "I have lived in this neighborhood for 35 years and have enjoyed the friendship and support from my neighbors in the community. "
  • Mistydawn B.
    "This is a very unique town one would like to think they choose to live here, but really the town picks you. It’s a place to call home once your desire to settle happens. It’s a very magical place."
  • Natalie.mcquiston
    "Great neighborhood. Friendly and plenty of kids to run around and play with. The backyard creek makes it peaceful! "
  • Aleisha.baird
    "I am not familiar with any community events. Some of the churches probably offer things we aren’t familiar with. "
  • Doug King
    "I have lived here for two and a half years. Great location. Close to everything. The people are great"
  • Andrew P.
    "I've lived here all my life in Madison county and Berea Ky for the last seven years don't want to live no where else . it's a Homie little town "
  • Reneetodd0701
    "We live in this neighborhood because it is a good location for our camper, dogs and cats. We would like to live in a country setting by a farm. "
  • Donnapratt69 4. c.
    "I have lived here for 3 years It's a nice quiet and peaceful area. Neighbors are friendly and look out for each other"
  • Jgwhite74
    "dogs can run pretty freely here. We're on a farm and the other homes also have dogs and the local leash law doesn't apply to the farm. keep them away from the highway though. "
  • Jpowell399
    "Berea is like Mayberry, but with some crime. So there are plenty to do in Richmond. Not that much here in Berea. "
  • Rachael F.
    "Very nice rental neighborhood. With a variety of rental duplex’s, apartments and houses. Very family friendly neighborhood. "

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.

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