Sold
Last Sold Price
8 beds3,294 sqft
116 Salter Road, Berea, KY 40403
Multi FamilyProperty Type
0.23 acresLot Size
1989Year Built
$99/sq ftPrice per sq ft
10 carsParking Spaces

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.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: Cassie Foley 859.248.1507 cfoley@century21advantage.com Brokerage DRE #121 • CENTURY 21 Advantage Realty
  • Listed by: Lisa Scully 859.575.0388 lscully@century21advantage.com Brokerage DRE #121 • CENTURY 21 Advantage Realty
Listing closed: 06/17/2026 12:00 AM • Source: Imagine MLS, MLS#: 26005940

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Location

Listing Courtesy of CENTURY 21 Advantage Realty

Sold By CENTURY 21 Advantage Realty

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Payment Calculator

$1,924 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,735

Property Taxes

$189

HOA Dues

$0

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Property Information for 116 Salter Road

Property Details
  • MLS Type: Residential Income / Quadruplex
  • Subdivision Name: Executive Park
  • Zoning Description: UC-1
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1989
  • Lot Size: 0.23 AC / 10,018 SF
Summary
Location and General Information
  • Directions: Richmond Road, turn onto Menelaus Road, turn right onto Salter Road, building on the right
  • Latitude: 37.650169
  • Longitude: -84.27511
  • MLS Area Major: 008 - Madison County
  • MLS Area Minor: 008 - Madison County
Taxes and HOA
  • Parcel Number: 071A-0000-0007
School Information
  • Elementary School: Kirksville
  • High School: Madison So
  • High School District: Madison County - 8
  • Middle Or Junior School: Farristown
Parking
  • Attached Garage: No
  • Parking Features: Gravel, Paved
  • Parking Total: 10.0
Property
Lot Information
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Square Feet: 10018.8
  • Lot Size Units: Acres
Property and Assessments
  • Building Area Total: 3294.0
  • Living Area: 3294.0
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1989
Building Features
  • Number Of Buildings: 1
  • Structure Type: Quadruplex
Utilities
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Multi Family
Multi Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Units Vacant: 1
Income & Expenses
  • Insurance Expense: $200
  • Other Expense: $110.00
Interior and Exterior Features
Exterior Features
  • Roof: Metal
  • Stories Total: 2
Interior Features
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Cooling: Electric, Multi Units
  • Cooling: Yes
  • Heating: Electric
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup

Property History for 116 Salter Road

DateEvent & SourcePriceAppreciation
Jun 17, 2026

Sold

Imagine MLS #26005940

$325,000—
Mar 25, 2026

Contract Signed

Imagine MLS #26005940

—
Mar 25, 2026

Listed (Active)

Imagine MLS #26005940

$329,000—
DateEvent & SourcePrice
06/17/2026

Sold

Imagine MLS #26005940

$325,000
03/25/2026

Contract Signed

Imagine MLS #26005940

—
03/25/2026

Listed (Active)

Imagine MLS #26005940

$329,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 116 Salter Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,263 ($189 / month)
Home Facts
Beds0Lot Size10,145 SqFtStyleSingle Family ResidenceCountyMADISONAPN071A-0000-0007

Schools near 116 Salter Road

This home is within Madison County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kirksville Elementary School
PublicPK to 5

Farristown Middle School
Public6 to 8

Madison Southern High School
Public9 to 12

Ignite Academy South
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 116 Salter Road, Berea, KY 40403
$325,000
8
3,294
10,018
–
–
–
–
–
$225,000
4
1,556
12,284
–
–
–
–
–
$81,000
–
–
–
–
$306,000
8
3,200
15,132

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 Advantage Realty

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