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    Paris, KY
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    Paris, KY Residential Income Properties for Sale

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    7 properties
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    2023-Built 15-Unit Apartment Building
    Updated: Sep 11
    2023-Built 15-Unit Apartment Building

    2007 S Main Street, Paris, KY 40361

    $2,890,000
    16,950 sqft 0.64 AC lot
    15‑unit apartment building with 15 identical two‑bedroom, one‑bathroom layouts
    16,950‑square‑foot building on 0.643 acres
    Completed in 2023
    B‑2 zoning
    Concrete construction with flat rubber roof
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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 what stands out in Bourbon County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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 15 Potential Opportunities for your consideration. Besides 7 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.

    Fully Occupied Duplex
    Fully Occupied Duplex

    1840 Chatsworth Drive, Lexington, KY 40515

    $275,900
    1,672 sqft 0.31 AC lot

    Two occupied residential units provide a straightforward multifamily configuration with established tenancy in place.

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    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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    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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    Land, Lexington, KY
    Land, Lexington, KY

    3703 Winchester Road, 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 7 residential income 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 residential income 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

    Multifamily properties 6
    Apartment buildings 1
    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 $1.2M

    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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