Residential Income

Paris, KY Residential Income Properties for Sale

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Georgetown, KY Lexington, KY Millersburg, KY N Middletown, KY Carlisle, KY Winchester, KY Cynthiana, KY Mt Sterling, KY
6 properties
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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Mixed-Use Building with Apartments
Updated: Jun 17
Mixed-Use Building with Apartments

214-216 Main Street, Paris, KY 40361

$269,000
4,674 sqft 0.12 AC lot
4,674‑square‑foot mixed‑use building on a 0.118‑acre parcel
Two vacant apartments, each with front and rear access and separate entrances
Upper apartment includes 3 small bedrooms, 2 closets, kitchen, laundry room, and storage
Main‑level apartment offers 3 large bedrooms, a bath, large kitchen, and laundry
Office component includes a larger front office and a smaller appraisal office
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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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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

214-216 Main Street, Paris, KY 40361

$269,000
5,629 sqft

The property combines office space with two vacant apartments arranged on separate floors.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Paris, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

12-Unit Apartment Property
12-Unit Apartment Property

1801 & 1805 Gerald Dr, Lexington, KY 40511

$874,900
10,368 sqft

Two buildings feature separately metered apartments with updated electrical systems and HVAC.

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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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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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Land, Lexington, KY
Land, Lexington, KY

3703 Winchester Road lot: 2D, 2E, And 2F, Lexington, KY 40509

$385,000
2.12 AC lot

Residential land & home lots · 2.12 Acres

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

10 Acres in Lexington, KY
10 Acres in Lexington, KY

7390 Russell Cave Road, Lexington, KY 40511

$299,000
10.00 AC lot

10 acres of land ready for your dream home!

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Land in Lexington, Kentucky
Land in Lexington, Kentucky

7300 Russell Cave Road, Lexington, KY 40511

$310,000
10.00 AC lot

10 acre lot ready for your dream home!

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Land in Lexington, Kentucky
Land in Lexington, Kentucky

7350 Russell Cave Road, Lexington, KY 40511

$370,000
14.30 AC lot

14.3 acres of land ready for your dream home.

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10 Acre Lexington Land Parcel
10 Acre Lexington Land Parcel

4322 Ambergy Court, Lexington, KY 40516

$365,000
10.00 AC lot

Exclusive 10-acre land parcel with private lakes and views.

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Paris, KY Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Paris, KY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 48,203 square feet of properties for sale, with an estimated market value of $7,017,800.

Sale prices for residential investment properties in Paris, KY start at $269,000, averaging $1,169,633, 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

Multifamily properties 6
Apartment buildings 2
Duplexes 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)

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