About 120 Salter Road
Investor Alert! Fully occupied 4-plex offering immediate income with a total monthly rent of 2,775! This well-maintained property features four 1-level units—two upstairs units with front access, and two lower-level units with private entrances from the back. Each unit includes individual parking right at the door, a refrigerator and range, and convenient washer/dryer hookups. Tenants pay their own electric bills, keeping landlord expenses low. Three of the four units are secured with leases extending into late winter and summer of 2026, providing long-term stability. The fourth unit is currently month-to-month, offering flexibility for future rental adjustments. Whether you're a seasoned investor or just starting your portfolio, this property delivers strong cash flow and solid rental history. Don't miss this turnkey opportunity!
Features of 120 Salter Road
| MLS® # | 25500831 |
|---|---|
| Price | $314,999 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,200 |
| Acres | 0.35 |
| Year Built | 1997 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 120 Salter Road |
|---|---|
| Area | 008 - Madison County |
| Subdivision | Rural |
| City | Berea |
| County | Madison |
| State | KY |
| Zip Code | 40403 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
Exterior
| Roof | Shingle |
|---|
School Information
| District | Madison County - 8 |
|---|---|
| Elementary | Kirksville |
| Middle | Farristown |
| High | Madison So |
Additional Information
| Date Listed | September 9th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Home Forward |
|---|