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Renovated 28-Unit Apartment Building
For Sale
$1,800,000

303 S Poplar St, Paris, TN 38242

Substantially renovated 28-unit multifamily property with studios, one-bedroom, and two-bedroom units plus additional rear land.

Property Size16,876 SF
Price / SF$106.66
Days on Market42

Property Features for 303 S Poplar St

General Information

Standard status Active
Size 16,876 SF
Property subtype Residential Income
Occupancy 93%

Additional Details

Multifamily Units 28

Taxes and HOA fees

Annual Taxes $3,548
Listing Agency: SVN Accel Commercial Real Estate
Listed By: Kunal Patel
Source: Exprealty
Added: Jul 14 Changed: Aug 24 Last Checked: Aug 23 at 3:01AM

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 SVN Accel Commercial Real Estate

Investment Insights

Based on property information with market context.

SVN | Accel Commercial Real Estate presents 303 Flats, a 28-unit multifamily investment opportunity in Paris, Tennessee. The property has been substantially renovated and includes extensive interior and exterior improvements. Recent unit upgrades include new flooring, cabinets, appliances, lighting, paint, and fixtures across 25 of the 28 units.

The offering is structured as a three-parcel package that includes additional rear land. The current occupancy is described as approximately 93%, with additional lease-up opportunity.

The unit mix includes studios, one-bedroom, and two-bedroom floor plans.

Key Highlights

  • Substantially renovated 28‑unit multifamily property (built in 1940) at 303 S. Poplar Street in Paris, TN
  • 93% occupancy with lease‑up opportunity
  • 25 of 28 units recently renovated with new flooring, cabinets, appliances, lighting, paint, and fixtures

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Accounting Firm Kitchen & Bath Showroom Plumbing Service Auto Repair Shop

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

28
Residential units
93%
Occupancy

Location Intelligence

Trade Area within ½ mile

500
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 - Substantially renovated 28-unit multifamily property with studios, one-bedroom, and two-bedroom units plus additional rear land.
Where is this apartment building located?
The property is located at 303 S Poplar St Paris, TN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Substantially renovated 28‑unit multifamily property (built in 1940) at 303 S. Poplar Street in Paris, TN; 93% occupancy with lease‑up opportunity; 25 of 28 units recently renovated with new flooring, cabinets, appliances, lighting, paint, and fixtures
More about this property
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