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    121 N Poplar St Paris, TN 38242

    For Sale
    $399,900

    MULTI_FAMILY - Paris, TN

    Property size:
    8,618 SF
    Days on Market:
    84
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 121 N Poplar St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    106A 031.00
    Parking
    10
    Parking features
    Open
    Size
    8,618 SF

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    1
    Roof type
    Flat

    Premier Realty Group W TN, LLC (731) 986-8885

    Listing agent Marco Taaffe (731) 415-8878 License #350947

    Listing date Sep 15, 2025

    MLS# 2501148 Listing URL

    Copyright © 2025 Central West Tennessee 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.

    Overview

    Historic Mixed-Use Building in Paris

    Located in the heart of Paris, Tennessee, this historic building offers a unique investment opportunity. The property features updated mechanicals, blending modern comfort with timeless charm. It includes two fully occupied apartments, one with 2 bedrooms and 1 bathroom, and another with 1 bedroom and 1 bathroom. Additionally, the building provides income-producing office space and a sprawling ground-level retail space or event center. The property offers a fantastic Cap Rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hallmark Gift Shop Crown Meeting & Event ... Event Venue

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Henry
    State
    Tennessee
    Longitude
    -88.325041
    Latitude
    36.30245

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    FAQs

    What type of property is this?
    Mixed-use property - Historic building with apartments, office, and retail space for sale.
    Where is this mixed-use property located?
    The property is located at 121 N Poplar St Paris, TN.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Excellent Cap Rate for investors.; - High-income potential with fully occupied apartments and office space.; - Ground-level retail/event space offers additional income opportunities.
    (731) 415-8878
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    121 N Poplar St Paris, TN 38242
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    Paris, TN 38242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121 N Poplar St Paris, TN 38242
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