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    Paris, KY
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    Paris, KY Multifamily Properties for Sale

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    7 properties
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    15-Unit Apartment Building
    Updated: Sep 11
    15-Unit Apartment Building

    2007 S Main Street, Paris, KY 40361

    $2,890,000
    16,950 sqft 0.64 AC lot
    15 apartments, each with a two‑bedroom, one‑bathroom layout
    16,950 square feet on a 0.643‑acre parcel
    Completed in October 2024
    8.00% capitalization rate on current in‑place income
    B‑2 zoning and public sewer
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    Historic Mixed-Use Property
    Updated: Apr 12
    Historic Mixed-Use Property

    339 Main Street, Paris, KY 40361

    $1,650,000
    10,362 sqft 0.09 AC lot
    10,362‑square‑foot mixed‑use property on a 0.09‑acre site
    Four‑story main building constructed in 1899
    Three 1/1 apartments with full kitchens and laundry hookups
    Two street‑level tenants occupy the main building under multi‑year leases
    Includes 3 Ardery Place and 5 Ardery Place with office and residential areas
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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    214-216 Main Street, Paris, KY 40361

    $269,000
    4,674 sqft 0.12 AC lot

    Two vacant apartments complement several office areas within this multi-use commercial property.

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    See hot listings in Paris

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Historic Mixed-Use Income Property
    Historic Mixed-Use Income Property

    1-5-339 Main St, Paris, KY 40361

    $1,650,000
    10,362 sqft

    Four-story former bank building with renovated apartments, street-level tenants, and two adjacent brick buildings with office space.

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    Renovated Mixed-Use Brick Building
    Renovated Mixed-Use Brick Building

    720 Main St, Paris, KY 40361

    $349,900
    2,000 sqft 0.04 AC lot

    Two-story commercial property combines a leased storefront with two upstairs apartments and a private rear garden area.

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    15-Unit Apartment Building
    15-Unit Apartment Building

    2007 S Main St, Paris, KY 40361

    $2,890,000
    16,950 sqft

    Newly constructed multifamily property with uniform two-bedroom, one-bath layouts.

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    Renovated Mixed-Use Brick Building
    Renovated Mixed-Use Brick Building

    720 Main St, Paris, KY 40361

    $349,900
    2,000 sqft

    Two-story property combines a leased storefront with two upstairs two-bedroom apartments and a private rear garden.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Paris, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Quadplex
    Four-Unit Quadplex

    443 Oxford Drive, Winchester, KY 40391

    $495,000
    1,054 sqft 0.31 AC lot

    Four-unit residential income property with two-bedroom, 1.5-bath layouts and R zoning.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    201 E Pike St, Cynthiana, KY 41031

    $429,900
    3,760 sqft

    The downtown property combines street-level bookstore space with four occupied residential units.

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    Quadplex with Similar Layouts
    Quadplex with Similar Layouts

    443 Oxford Dr, Winchester, KY 40391

    $495,000
    1,054 sqft

    Comparable floor plans create a consistent configuration across this four-unit residential property.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    201 E Pike Street, Cynthiana, KY 41031

    $429,900
    3,760 sqft 0.09 AC lot

    A leased ground-floor bookstore sits beneath four rented residences in downtown Cynthiana.

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    Paris, KY Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Paris, KY, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 63,298 square feet of properties for sale, with an estimated market value of $10,048,800.

    Sale prices for multifamily properties in Paris, KY start at $269,000, averaging $1,435,542, and reaching up to $2,890,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 1
    Quadplexes 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) -0.6%
    Median Household Income $57,074
    College Educated 18.0%

    High-Yield Neighborhoods for Investment

    Identify Paris submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40361 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 0.80%
    Property Tax per SF $7.78 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bourbon County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Popular Searches in Paris, KY

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    Most Searched ZIP Codes in Paris, KY

    • 40361

    Featured Paris Real Estate Agencies

    Realmo connects you with licensed Paris CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Lehmann Realtors, LLC
    PO Box 155 Paris, KY 40362
    Phone: (859) 987-9119
    www.lehmannrealtors.com
    Nichols Real Estate
    103 Hume Bedford Rd Paris, KY
    Phone: (859) 707-2755
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