Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    512 High St Paris, KY 40361

    For Sale
    $215,000

    MULTI_FAMILY - Paris, KY

    Property size:
    2,728 SF
    Lot size:
    0.09 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 512 High St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 3, Laundry Room, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2
    Bedrooms
    6
    Bathrooms
    3
    APN
    026-70-33-015.00
    Parking features
    Offsite
    Size
    2,728 SF
    Lot size
    0.09 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    3
    Roof type
    Metal, Shingle

    McConnell Real Estate, Inc. (859) 707-6824 [email protected]

    Listing agent Todd McConnell (859) 987-3212

    Listing date Nov 28, 2025

    MLS# 25500541 Listing URL

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Paris, KY Triplex Investment

    This well-maintained triplex presents an excellent investment opportunity in Paris, KY. Located in the heart of downtown Paris, Kentucky, the property offers strong rental income. The triplex features three rental units, each with separate utility meters. The main level includes two units: Unit #1 features two bedrooms and one bathroom, while Unit #2 (with exterior access) also offers two bedrooms and one bathroom. The second story level contains Unit #3, which includes two bedrooms and one bathroom. Units #1 and #2 provide washer/dryer hookups. All units are equipped with a refrigerator and electric range. The property has been recently painted, and mostly new flooring has been recently installed. Two units are ready for tenants upon possession. One unit is currently occupied with a lease in place until January 2026. The property includes an entry foyer for Units #1 and #3. The property is positioned for long-term appreciation and consistent cash flow, with convenient access to Paris' historic downtown, parks, and Bourbon County's horse country. The property is situated on a 0.091-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Bourbon
    State
    Kentucky
    Longitude
    -84.251502
    Latitude
    38.211588

    Nearby Similar for Sale

    • New
      $484,500
      5,984 SF

      Downtown Paris Mixed-Use Investment

      Mixed-use property in downtown Paris with retail and apartments.
      425-427 Main St, Paris, KY 40361
      View Details
    • $300,000
      5,629 SF

      Historic Mixed-Use Building in Paris

      Historic mixed-use building with office and apartment spaces in Paris, KY.
      214-216 Main St, Paris, KY 40361
      View Details
    • $319,000
      3,494 SF

      Historic Mercantile Building in Paris, KY

      Updated historic building with open floor plan and modern storefront.
      723 Main St, Paris, KY 40361
      View Details
    • $225,000
      885 SF

      Retail Shop with Apartment

      Retail space with upstairs apartment in Paris, Kentucky.
      429 Main St, Paris, KY 40361
      View Details
    • Contact for pricing

      Paris Village Shopping Center For Sale

      120,784 SF shopping center anchored by Save-A-Lot Grocery.
      2000-2236 Paris By-Pass, Paris, KY 40361
      View Details
    • $3,055,000
      3,726 SF

      Paris, KY Urgent Care Center

      NNN Leased Retail Investment, High ROI
      200 Letton Dr, Paris, KY 40361
      View Details

    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex in downtown Paris, Kentucky with strong rental income.
    Where is this triplex located?
    The property is located at 512 High St Paris, KY.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Strong rental income potential with stable rental history.; - Turnkey triplex featuring three separate units, each with two bedrooms and one bathroom.; - All units have separate utility meters.
    (859) 987-3212
    Request Owner's contact information
    512 High St Paris, KY 40361
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    512 High St
    Paris, KY 40361
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    512 High St Paris, KY 40361
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.