Renovated Downtown Five-Unit
For Sale
$485,000
117 E Wood St, Paris, TN 38242
COMMERCIAL - PARIS, TN
Property Size4,501 SF
Lot Size0.11 Acres
Price / SF$107.75
Days on Market268
Property Features for 117 E Wood St
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Paris
Standard status
Active
APN
014.01
Size
4,501 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
1005
Building Details
Year built
1920
Listing Agency:
Prosper Realty Group
(731) 256-9652
Listed By:
Alexandria Stout · License #375002
(731) 363-0995
Added: Nov 6, 2025
Changed: Jul 16
Last Checked: Aug 1 at 12:06AM
MLS# 134986
Copyright © 2026 Tennessee Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Renovated five-unit apartment building built in 1920 offering approximately 4,501 square feet. The property has undergone major improvements including the roof, electrical, plumbing, lighting, HVAC systems, mini-splits, water heaters, and commercial-grade waterproof flooring. Additional features include separate electric meters, a gated courtyard, and private off-street parking.
The building is located at 117 E Wood St in Paris, Tennessee, in the downtown area of Paris. Information on financials, lease details, and supporting documents may be provided to qualified buyers, and buyers are encouraged to independently verify zoning, permitted uses, measurements, and financial information.
The building is located at 117 E Wood St in Paris, Tennessee, in the downtown area of Paris. Information on financials, lease details, and supporting documents may be provided to qualified buyers, and buyers are encouraged to independently verify zoning, permitted uses, measurements, and financial information.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 38242, TN
19,940
Population
9,390
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
175.5 sq mi
ZIP Area
114
Density / Sq Mi
$44,833
Median Household Income
$35,723
Median Earnings
$759
Median Rent
$157,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 5-unit apartment building with gated courtyard and private off-street parking in downtown Paris, TN.
Where is this apartment building located?
The property is located at 117 E Wood St Paris, TN.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 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
