For Sale83d on market
118 Central Ave
Berea, KY, 40403 • 40403 • Madison County
$289,900
$129/sqft
-$5,000 since Mar 31, 2026
Down payment assistance available
6Beds
4Baths
2,248Sqft
0.17 acLot
1994Built
Property DNA
Downtown
40403
This home is getting attention
Listed 83 days ago · 260 views · 7 saves
Market activity
Demand and pricing signals for this listing
260 views
People checking out this listing
7 saves
Buyers have saved this home
83 days on market
Established listing
$129/sqft
Price per square foot
About this home
Multi Family · Built 1994
Rare brick duplex featuring two 3BR/1.5BA units! One side is vacant and move-in ready with new flooring, updated baths, fresh paint, and new stairwell carpet/trim. The second unit is leased to a long-term tenant at $1,100/month (utilities included), with market rent estimated around $1,500. Energy-efficient systems help keep operating costs low. Ideal opportunity for investors or owner-occupants—live in one unit and rent the other. Solid construction, strong income potential, and hard-to-find layout make this a must-see!
Standout features identified
Our analysis highlights brick duplex, fresh paint, and new flooring as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,799/month
Principal & Interest$1,412
Property Tax$290
Insurance$97
Down payment20% ($57,980)
3%50%
Est. 6.14% rate · 30yr fixed · $231,920 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex
Year Built1994
HeatingElectric
CoolingElectric
Parking4 Parking spaces
Days on Zillow83 Days
Price/sqft$129
Property
Home typeMulti Family
Sub-typeDuplex
Year built1994
Systems
HeatingElectric
CoolingElectric
RoofMetal
Parking & Outdoor
ParkingOn Site, Paved
Lot7,274 sqft
Location & Tax
Neighborhood40403
ZoningOther
Annual tax$1,674
ParcelB01000160002
Bathrooms & Fees
Full baths2
Features & details
5 categories of property features
Interior Features
Heating
Electric
Cooling
Electric
Laundry
Electric Dryer Hookup
Main Level
Washer Hookup
Exterior Features
Parking
On Site
Paved
Utilities
Electricity Connected
Sewer Connected
Water Connected
Listing insights
Market data and value estimates
StatusFor Sale
Days on market83
Est. value$285,900
Est. rent$1,135/mo
Tax rate0.82%
Price/sqft$129
On marketJan 22, 2026
PostedJan 22, 2026
Last sold$84,000
MLS updatedMar 31, 2026
Tour days9
Views260
Favorites7
How are the schools in Berea?
3 schools rated nearby
Location
Berea, KY, 40403
Price history
8 events
DateEventPrice$/sqftSource
Mar 31, 2026Price Change$289,900$129Imagine MLS
Mar 3, 2026Price Change$294,900$131Imagine MLS
Feb 20, 2026Price Change$308,000$137Imagine MLS
Jan 22, 2026Listed For Sale$310,000$138Imagine MLS
Feb 14, 2020Listing Removed$150,000$67KY Real Estate Professionals
Jan 14, 2020Listed For Sale$150,000$67Keller Williams Greater Lex
Jul 1, 2009Sold$84,000$37Public Record
Jan 27, 2005Sold$91,000$40Public Record
Price Change$289,900
Mar 31, 2026•$129/sqft•Imagine MLS
Price Change$294,900
Mar 3, 2026•$131/sqft•Imagine MLS
Price Change$308,000
Feb 20, 2026•$137/sqft•Imagine MLS
Listed For Sale$310,000
Jan 22, 2026•$138/sqft•Imagine MLS
Listing Removed$150,000
Feb 14, 2020•$67/sqft•KY Real Estate Professionals
Listed For Sale$150,000
Jan 14, 2020•$67/sqft•Keller Williams Greater Lex
Sold$84,000
Jul 1, 2009•$37/sqft•Public Record
Sold$91,000
Jan 27, 2005•$40/sqft•Public Record
Tax history
10 years of records
YearTax paidAssessed value
Apr 15, 2023$1,674$128,000
Apr 15, 2022$1,624$128,000
Apr 15, 2021$1,723$128,000
Apr 15, 2018$1,119$84,000
Apr 15, 2017$1,096$84,000
Apr 15, 2016$1,067$84,000
Apr 15, 2015$1,216$84,000
Apr 15, 2014$1,084$84,000
Apr 15, 2012$1,084$84,000
Apr 15, 2011$1,083$84,000
Nearby homes
Neighborhood details
Local context around this listing
Berea, KY • Madison County
Nearby cities
BereaRichmondWaco
Nearby zip codes
40403404044040540456
Similar homes
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.
No obligation · Same-day response