Apartment Building

Paris, TN Apartment Buildings for Sale

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Puryear, TN Mansfield, TN Springville, TN Buchanan, TN Cottage Grove, TN Henry, TN Hollow Rock, TN Mc Kenzie, TN
Renovated Downtown Five-Unit Building
Updated: Nov 6, 2025
Renovated Downtown Five-Unit Building

117 E Wood St, Paris, TN 38242

$485,000
4,501 sqft 0.11 AC lot
Renovated 5‑unit income property in Downtown Paris with approx. 4,501 SF
Generates around $50,000 in annual gross rental income (per provided remarks)
Major upgrades include roof, electrical, plumbing, lighting, and HVAC systems with mini‑splits
Includes multiple water heaters and commercial‑grade waterproof flooring
Separate electric meters plus gated courtyard and private off‑street parking
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Renovated 28-Unit Apartment Building
Updated: Jul 17
Renovated 28-Unit Apartment Building

303 S Poplar St, Paris, TN 38242

$1,800,000
Substantially renovated 28‑unit multifamily property (built in 1940) at 303 S. Poplar Street in Paris, TN
93% occupancy with lease‑up opportunity
25 of 28 units recently renovated with new flooring, cabinets, appliances, lighting, paint, and fixtures
Includes a three‑parcel offering with additional rear land
Diverse unit mix with studio, one‑bedroom, and two‑bedroom floor plans
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Paris, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Multifamily Income Property with Storage
Multifamily Income Property with Storage

6708 US-641, Gilbertsville, KY 42044

$525,000
9,000 sqft 2.55 AC lot

Multifamily property with 11 units and a storage garage, on over 2.5 acres with ample parking and two highway accesses.

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Mixed-Use Investment Opportunity, Martin TN
Mixed-Use Investment Opportunity, Martin TN

233 S Lindell Street, Martin, TN 38237

$745,000
7,000 sqft

Fully leased mixed-use property with retail and residential units.

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11-Unit Apartment Building with Storage Garage
11-Unit Apartment Building with Storage Garage

6708 US Highway 641 N, Gilbertsville, KY 42044

$525,000

11-unit apartment building on over 2.5 acres with central air, heat pump/electric heat, and a storage garage.

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Purpose-Built Student Housing Apartment Building
Purpose-Built Student Housing Apartment Building

237 W. Peach St, Martin, TN 38237

Contact for pricing

96-unit student housing property adjacent to the University of Tennessee at Martin, renovated in 2015 with amenities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Retail-Zoned Development Land Opportunity
Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Ocean Springs Highway 90 Land
Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000
143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Off-Market Properties in Paris, TN

Consider similar Off-Market properties in Paris, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Locust St
APARTMENT HOUSE (UNDER 5 UNITS)

Locust St, Paris, TN 38242

$1,315,000
Estimated value
3,958 sqft 7.65 AC lot
View details
345 Harrison St
APARTMENT HOUSE (UNDER 5 UNITS)

345 Harrison St, Paris, TN 38242-5359

$3,555,000
Estimated value
1,358 sqft 54.42 AC lot
View details
Mandalay Rd
APARTMENT HOUSE (UNDER 5 UNITS)

Mandalay Rd, Paris, TN 38242

Value Estimation by Request
9,610 sqft 4.50 AC lot
View details
Hwy 641st N
APARTMENT HOUSE (UNDER 5 UNITS)

Hwy 641st N, Paris, TN 38242

$820,000
Estimated value
20,512 sqft 7.30 AC lot
View details
Manley St
APARTMENT HOUSE (UNDER 5 UNITS)

Manley St, Paris, TN 38242

Value Estimation by Request
8,164 sqft 4.61 AC lot
View details
1299 Wood St
Multifamily properties

1299 Wood St, Paris, TN 38242

Value Estimation by Request
6,297 sqft 12.73 AC lot
View details

Paris, TN Apartment Buildings Market Trends and Statistics

Explore 8 apartment buildings for sale in Paris, TN on our real estate platform. These investment opportunities span a total of 4,501 square feet of properties for sale, with an estimated market value of $2,285,000.

Sale prices for two-family homes in Paris, TN start at $485,000, averaging $1,142,500, and reaching up to $1,800,000 — 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 20K
Population Growth (5Y) -3.2%
Median Household Income $44,833
College Educated 28.0%

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
38242 $1.1M

Listings Trend

New vs delisted commercial listings in Henry County

New Delisted

Total CRE Inventory on Market (SF)

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