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Multi-Family Apartment Building
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1450 N Market St, Paris, TN 38242

Apartment building offering 80 units across (8) 2+1, (40) 3+2, and (32) 4+2 layouts.

Property SizeContact for details
Days on Market124

Property Features for 1450 N Market St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 80
Listing Agency: Matthews
Listed By: Austin Graham · License #GA 3421373
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:27PM

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 Matthews

Investment Insights

Based on property information with market context.

This apartment building contains 80 total units, including (8) 2+1 units, (40) 3+2 units, and (32) 4+2 units. Unit sizes are listed at approximately 778 SF for the 2+1 layouts, 1,069 SF for the 3+2 layouts, and 1,158 SF for the 4+2 layouts.

The property is located at 1450 N Market St in Paris, TN 38242.

As presented, the asset is configured as a residential income property with a mix of apartment sizes spanning smaller 2-bedroom-style layouts through larger 4-bedroom-style layouts.

Key Highlights

  • Apartment building with 80 units total
  • Unit mix includes (8) 2+1 units at 778 SF
  • Unit mix includes (40) 3+2 units at 1,069 SF

Property Analytics

Current Use

Park Village Apartments Apartment Building

Suggested Use

Top Pick Plumbing Service Auto Parts Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Big Box & Wholesale Store Building Supply

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

80
Residential units

Location Intelligence

Trade Area within ½ mile

40
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building offering 80 units across (8) 2+1, (40) 3+2, and (32) 4+2 layouts.
Where is this apartment building located?
The property is located at 1450 N Market St Paris, TN.
What are key features of this property?
This property features: Apartment building with 80 units total; Unit mix includes (8) 2+1 units at 778 SF; Unit mix includes (40) 3+2 units at 1,069 SF
More about this property
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