Estimated payment $2,860/month
Highlights
- No HOA
- Central Heating
- 4-minute walk to Mordecai Johnson Memorial Park
- W.G. Rhea Elementary School Rated A-
About This Home
Step back in time and seize a rare opportunity in the heart of Paris, Tennessee! This stunning, historic building boasts updated mechanicals, ensuring modern comfort within a timeless facade. Featuring two fully occupied apartments (one 2/1, one 1/1,) income-producing office space, and a sprawling ground-level retail space/event center, this property offers a fantastic Cap Rate and the chance to own a piece of history. Invest in a landmark and watch your returns flourish!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,226
Year Built
- Built in 1900
Lot Details
- Property fronts an alley
Home Design
- Flat Roof Shape
Interior Spaces
- 8,618 Sq Ft Home
- 3-Story Property
Parking
- 10 Parking Spaces
- Additional Parking
- 10 Open Parking Spaces
Utilities
- No Cooling
- Central Heating
- Fiber Optics Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 106A 031.00
Community Details
Overview
- No Home Owners Association
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,226 | $96,600 | $11,600 | $85,000 |
| 2023 | $3,187 | $96,600 | $11,600 | $85,000 |
| 2022 | $2,318 | $96,600 | $11,600 | $85,000 |
| 2021 | $3,091 | $96,600 | $11,600 | $85,000 |
| 2020 | $3,014 | $96,600 | $11,600 | $85,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | For Sale | $465,000 | 0.0% | $54 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $465,000 | -- | $54 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $77,500 | Attorneys Title | |
| Warranty Deed | $77,500 | Attorneys Title | |
| Warranty Deed | $77,500 | Attorneys Title | |
| Deed | $25,000 | -- |
Source: Central West Tennessee Association of REALTORS®
MLS Number: 2501148
APN: 040106A P 03100
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.