Apartment Building

Paris, KY Apartment Buildings for Sale

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Georgetown, KY Lexington, KY Millersburg, KY N Middletown, KY Carlisle, KY Winchester, KY Cynthiana, KY Mt Sterling, KY
15-Unit Apartment Building
Updated: Sep 11
15-Unit Apartment Building

2007 S Main Street, Paris, KY 40361

$2,890,000
16,950 sqft 0.64 AC lot
15 apartments, each with a two‑bedroom, one‑bathroom layout
16,950 square feet on a 0.643‑acre parcel
Completed in October 2024
8.00% capitalization rate on current in‑place income
B‑2 zoning and public sewer
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15-Unit Apartment Building
Updated: Sep 13
15-Unit Apartment Building

2007 S Main St, Paris, KY 40361

$2,890,000
16,950 sqft
15‑unit apartment property completed in 2023
16,950‑square‑foot multifamily building
All 15 units feature 2 bedrooms and 1 bathroom
Uniform unit configuration throughout the property
8.00% capitalization rate on current in‑place income
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Paris, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Apartment Building with Exterior Entries
Apartment Building with Exterior Entries

725 E College St, Georgetown, KY 40324

$949,900
6,273 sqft

Corner-lot property with individually accessed rental units.

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12-Unit Apartment Property
12-Unit Apartment Property

1801 & 1805 Gerald Dr, Lexington, KY 40511

$874,900
10,368 sqft

Two buildings feature separately metered apartments with updated electrical systems and HVAC.

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Updated Seven-Unit Apartment Portfolio
Updated Seven-Unit Apartment Portfolio

100 Old Lemons Mill Court, Georgetown, KY 40324

$1,700,000
1,152 sqft 0.83 AC lot

Fully leased townhome portfolio with three-bedroom layouts and modern updates throughout.

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Six-Unit Multifamily Building
Six-Unit Multifamily Building

1650 Meadowthorpe Ave, Lexington, KY 40511

$600,000
5,143 sqft 0.28 AC lot

Corner-lot multifamily property with long-term tenants and access to New Circle.

View details

Paris, KY Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Paris, KY on our real estate platform. These investment opportunities span a total of 33,900 square feet of properties for sale, with an estimated market value of $5,780,000.

Sale prices for apartment complexes in Paris, KY average $2,890,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 18K
Population Growth (5Y) -0.6%
Median Household Income $57,074
College Educated 18.0%

High-Yield Neighborhoods for Investment

Identify Paris submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40361 $2.9M

Taxes & Financing

Tax Rate (average for all types) 0.80%
Property Tax per SF $7.78 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bourbon County

New Delisted

Total CRE Inventory on Market (SF)

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