Estimated payment $1,307/month
Total Views
1,106
6
Beds
3
Baths
2,728
Sq Ft
$87
Price per Sq Ft
Highlights
- Cooling Available
- Forced Air Heating System
- 1-minute walk to Secretariat Park
About This Home
Excellent Investment Opportunity in Paris, KY! Discover this well-maintained Triplex offering strong rental income in the heart of downtown Paris, Kentucky. Each unit features comfortable living space and reliable tenancy, making it a turnkey addition to your portfolio. This property is perfectly positioned for long-term appreciation and consistent cash flow. Highlights include: Stable rental history with growth potential. Convenient access to Paris' historic downtown, parks, and Bourbon County's horse country. This property offers Three (3) Rental Units. All with separate utility meters. Main Level features Two Units: #1 - Two (2) Bedrooms, One (1) Bathroom; #2 (Exterior Access) - Two (2) Bedrooms, One (1) Bathroom; Second Story Level features One Unit: #3 - Two (2) Bedroom, One (1) Bathroom. Property Extras: Entry Foyer for Units #1 & #3; All units offer refrigerator & electric range; Units #1 & #2 offer Washer/Dryer Hookups; Recently painted and mostly new flooring recently installed. Two Units are Ready for Tenants same day as possession. One Unit is currently occupied with Lease in place until January 2026. Ideal for both seasoned investors and those entering the rental market. Whether you're looking to expand your portfolio or secure a steady income stream, this Paris triplex is a rare find in today's market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $370
Home Design
- 2,482 Sq Ft Home
- Triplex
- Dimensional Roof
- Shingle Roof
- Metal Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Schools
- Paris Independent City Elementary And Middle School
- Paris Independent City High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Washer and Electric Dryer Hookup
- 3,964 Sq Ft Lot
Community Details
- 3 Units
- Downtown Subdivision
Listing and Financial Details
- Assessor Parcel Number 026-70-33-015.00
Map
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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 | $370 | $108,000 | $10,000 | $98,000 |
| 2023 | $372 | $108,000 | $10,000 | $98,000 |
| 2022 | $284 | $79,500 | $5,000 | $74,500 |
| 2021 | $299 | $79,500 | $5,000 | $74,500 |
| 2020 | $310 | $79,500 | $5,000 | $74,500 |
| 2019 | $245 | $60,000 | $6,000 | $54,000 |
| 2018 | $255 | $60,000 | $6,000 | $54,000 |
| 2017 | $256 | $60,000 | $6,000 | $54,000 |
| 2016 | $257 | $60,000 | $6,000 | $54,000 |
| 2015 | $248 | $60,000 | $6,000 | $54,000 |
| 2014 | $237 | $60,000 | $6,000 | $54,000 |
| 2011 | $237 | $60,000 | $6,000 | $54,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | For Sale | $236,000 | -- | $87 / Sq Ft |
Source: ImagineMLS (Bluegrass REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $500,000 | New Conventional | |
| Previous Owner | $158,000 | Construction | |
| Previous Owner | $75,000 | Credit Line Revolving |
Source: Public Records
Similar Home in Paris, KY
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 25500541
APN: 026-70-33-015.00
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