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    Paris, KY
    Residential Income

    Paris, KY Residential Income Properties for Sale

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    Historic Income Property in Paris
    Updated: Apr 12
    Historic Income Property in Paris

    339 Main Street, Paris, KY 40361

    $1,650,000
    10,362 sqft 0.09 AC lot
    Historic income‑producing property in Downtown Paris, KY.
    Multiple long‑term leases in place with street‑level tenants.
    Three 1‑bedroom/1‑bath apartments with full kitchens and laundry hookups, serviced by an elevator.
    Also includes 3 Ardery Place and 5 Ardery Place, offering additional office and residential rental opportunities.
    Five dedicated parking spaces plus ample street parking, including handicapped spaces.
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    This listing looks promising.

    Here's a quick look at some key insights for

    339 Main Street, Paris, KY 40361

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $146K
      Annual

    • Mortgage

      $500K
      Apr 2025

    • Last Sold

      Apr 2025
      $750K
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    Historic Mixed-Use Building with Apartments
    Updated: Jun 17
    Historic Mixed-Use Building with Apartments

    214-216 Main Street, Paris, KY 40361

    $269,000
    4,674 sqft 0.12 AC lot
    Mixed‑use building (cira 1860 est) with separate front office and two large apartments across 1st and 2nd levels
    Front office space was previously used as an insurance business office and a small portion is now used as a business appraisal office
    Upstairs apartment features a large living room, kitchen, 3 small bedrooms, 2 closets, and a laundry room/storage area
    Main level apartment offers 3 large bedrooms, a large kitchen, a laundry room, and one nice bath
    Both apartments have front and back entrances
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    Updated Duplex Income Property
    Updated Duplex Income Property

    3088 Cane Ridge Road, Paris, KY 40361

    $200,000
    2,268 sqft 0.84 AC lot

    Two 2-bedroom units with multiple recent interior and major system updates support straightforward rental operations.

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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Four-Unit Quadplex Opportunity
    Four-Unit Quadplex Opportunity

    443 Oxford Drive, Winchester, KY 40391

    $529,000
    1,054 sqft 0.31 AC lot

    Quadplex with four similarly laid-out units, including one vacant unit, offered for sale in Winchester, KY.

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    Updated Quadplex Investment Property
    Updated Quadplex Investment Property

    125 Howard Avenue, Mt Sterling, KY 40353

    $329,000
    3,792 sqft 0.26 AC lot

    Well-maintained quadplex with multiple recent capital updates, including newer roof, HVAC, plumbing improvements, and vinyl windows.

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    Two-Unit Duplex For Sale
    Two-Unit Duplex For Sale

    1128-1130 Dale Drive, Winchester, KY 40391

    $239,000
    2,072 sqft 0.15 AC lot

    Duplex with two paired units, each featuring vaulted great rooms, 2 bedrooms, 1.5 baths, and a 1-car garage.

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    Income Duplex with Private Entrances
    Income Duplex with Private Entrances

    520 N Magnolia Drive, Mt Sterling, KY 40353

    $100,000
    1,488 sqft 0.20 AC lot

    Two separate units each offer 2 bedrooms and 1 bathroom with private entrances and dedicated laundry areas.

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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.

    Scenic Lot in Carlisle, KY
    Scenic Lot in Carlisle, KY

    1997 Walnut Grove Road, Carlisle, KY 40311

    $59,500
    1.46 AC lot

    Land for sale with utilities, ideal for building a home.

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    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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    Unrestricted Land with Countryside Views
    Unrestricted Land with Countryside Views

    1045 Gay Evans Road, Winchester, KY 40391

    $189,900
    10.73 AC lot

    10+ acres of unrestricted land with building sites and views.

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    Paris, KY Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Paris, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 27,666 square feet of properties for sale, with an estimated market value of $3,769,000.

    Sale prices for residential income properties in Paris, KY start at $200,000, averaging $942,250, and reaching up to $1,650,000 — 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 4
    Duplexes 2
    Apartment buildings 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 $766K

    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

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