303 S Poplar St, Paris, Tennessee 38242
TN, Paris-
Active Status
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2 Dayz On Cribz Total Days
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Residential Income Property Type
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16876 Total Sqft $107/sqft
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1940 Year Built
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Mortgage Wizard 3000 Advanced Breakdown
SVN | Accel Commercial Real Estate is pleased to present 303 Flats, a 28-unit multifamily investment opportunity located at 303 S. Poplar Street in Paris, Tennessee. This substantially renovated asset presents investors with the opportunity to acquire a well-positioned apartment community featuring immediate in-place cash flow, strong occupancy, and continued upside through lease-up and future rent growth.
Situated on 0.784 acres, 303 Flats encompasses approximately 16,876 square feet, including 15,750 sf of residential space across 28 units. The property’s diverse unit mix consists of (13) studio units, (10) one-bedroom/one-bathroom units, (4) two-bedroom/one-bathroom units, and (1) two-bedroom/one-and-one-half-bathroom unit. The remaining square footage includes an on-site office, maintenance area, and laundry facilities. Currently 93% occupied, the property offers investors an opportunity to increase occupancy and further enhance cash flow.
Ownership has completed an extensive renovation program across 25 of the property’s 28 units, investing in new flooring, cabinets, appliances, lighting fixtures, trim and baseboards, ceiling fans, bathroom vanities, and interior paint. Significant exterior and capital improvements include fresh exterior paint, a newly paved parking lot, and approximately $20,000 in foundation repairs, creating a highly attractive, low-maintenance investment opportunity with limited near-term capital expenditure requirements.
The sale includes 3 parcels, including two land parcels located behind the existing building.
- Property Type: Residential Income
- Listing Type: For Sale
- MLS #: 3279199
- Price: $1,800,000
- Square Footage: 16,876 Sqft
- Year Built: 1940
- Office Name: SVN Accel Commercial Real Estate
- Agent Name: Kunal Patel
- Property Attached: Yes
- Listing Status: Active
- Street Number: 303
- Street: S Poplar St
- City Paris
- State TN
- Zipcode 38242
- County Henry County, TN
- Subdivision n/a
- Longitude: W89° 40' 29''
- Latitude: N36° 17' 59.9''
- Zoning: R-3H
- Directions: Paris TN - from W Wood St, south on S Market St, east on McNeil St, south on Magnolia St. 0.2 mi - property is at the corner of Magnolia St and S Poplar St.
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Heating System Central
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Cooling System Central Air
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Utilities Water Available
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Flooring Luxury Vinyl, Vinyl
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Laundry Features Share
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Sewer Public Sewer
- Elementary School: W G Rhea Elementary
- Middle School: W O Inman Middle School
- High School: Henry Co High School
- Water Source: Public
- Building Size: 16,876 Sqft
- Construction Materials: Brick
- Levels: Two
- Lot Size Dimensions: 0.784 ac
- Number Of Units Total: 28
- On Market Date: July 14th, 2026
- Previous Price: $1,800,000
- Rent Includes: Trash Collection
- Stories: 2
- Annual Tax Amount: $3,548
- Co List Agent Full Name: Brian Truman
- Co List Office Name: SVN Accel Commercial Real Estate
- Mls Status: Active
- Originating System Name: RealTracs
- Special Listing Conditions: Standard
- Modification Timestamp: Jul 14th, 2026 @ 8:11pm
- Status Change Timestamp: Jul 14th, 2026 @ 8:09pm
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