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8-Unit Apartment Building Portfolio
For Sale
$1,650,000

1299 E Wood St, Paris, TN 38242

Multi-parcel offering combines an apartment building, a commercial-zoned home, and additional land in Paris, Tennessee.

Property Size6,297 SF
Price / SF$262.03
Days on Market26

Property Features for 1299 E Wood St

General Information

Standard status Active
Size 6,297 SF

Additional Details

Land Use commercial, mixed-use
Multifamily Units 8

Building Details

Year Built 1993
Listing Agency: Craig and Wheeler Realty & Auction
Listed By: Tyler Gill
Source: Shearonsellsteam
Added: Aug 5 Changed: Aug 29 Last Checked: Aug 25 at 5:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Craig and Wheeler Realty & Auction

Investment Insights

Based on property information with market context.

This multi-parcel offering includes an 8-unit apartment building, a commercial-zoned home, and additional land. The property combines an existing multifamily component with a separate structure and undeveloped acreage within one offering. The apartment building was constructed in 1993.

Located at 1299 E Wood St in Paris, Tennessee, the property carries Commercial zoning. The combination of multifamily improvements, a commercial-zoned residence, and additional land creates a varied real estate package with residential and commercial components.

Key Highlights

  • 8‑unit apartment building included in the offering
  • Commercial zoning
  • Separate commercial‑zoned home included

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Hair Salon Auto Parts Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-parcel offering combines an apartment building, a commercial-zoned home, and additional land in Paris, Tennessee.
Where is this apartment building located?
The property is located at 1299 E Wood St Paris, TN.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 8‑unit apartment building included in the offering; Commercial zoning; Separate commercial‑zoned home included
More about this property
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