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Multifamily Rental Property
For Sale
$40,000

1440 E Washington St, Paris, TX 75460

In-town rental property with a front porch, mature shade trees, and access to nearby restaurants, shopping, and daily amenities.

Property Size936 SF
Price / SF$42.74
Days on Market558

Property Features for 1440 E Washington St

General Information

Standard status Active
Size 936 SF
Property subtype Multi-Family
Listing Agency: United Country Altaterra Realt
Listed By: Kimberly Ross · License #0668511
Source: Realestatestation
Added: Mar 12, 2025 Changed: Sep 14 Last Checked: Sep 19 at 9:43AM

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 United Country Altaterra Realt

Investment Insights

Based on property information with market context.

This multifamily rental property is positioned within the city limits of Paris, Texas, in an established neighborhood setting. Mature shade trees surround the property, while a welcoming front porch adds usable outdoor space and traditional residential character. The interior is arranged as a comfortable rental home with a practical living area and a cozy overall layout.

Its in-town setting places the property near local restaurants, shopping, and everyday amenities. The combination of a central location, established surroundings, and existing residential improvements supports continued use as a rental property.

Key Highlights

  • Located within the city limits of Paris, TX
  • Mature shade trees surround the property
  • Welcoming front porch

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Plumbing Service Storage Facility Dental Office Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby

Demographics for 75460, TX

22,925
Population
11,210
Households
2
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
225
Density / Sq Mi
$44,241
Median Household Income
$30,546
Median Earnings
$895
Median Rent
$123,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - In-town rental property with a front porch, mature shade trees, and access to nearby restaurants, shopping, and daily amenities.
Where is this multifamily property located?
The property is located at 1440 E Washington St Paris, TX.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Located within the city limits of Paris, TX; Mature shade trees surround the property; Welcoming front porch
More about this property
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