$229,000

646 & 718 S Main Street, Paris, TX 75460

  • 8,640 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $27/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

Discover a rare investment opportunity in Paris, Texas just south of downtown—a prime location for anyone seeking fixer-upper properties, value-add rentals, or redevelopment projects. This offering includes two houses with a total of 8,640 square feet sold together for one price, both currently divided into multiple apartment units with varying conditions. Perfect for investors looking for renovation projects, cash-flow potential, or a property to reposition and increase long-term rental income. These properties offer excellent upside for a seasoned investor or a new buyer wanting to build a rental portfolio in Paris, TX. With flexible layouts, the structures can be renovated as multi-unit rentals, converted back to single-family homes, or fully reimagined with a redevelopment plan. The location provides quick access to shopping, dining, and the conveniences of Paris’s growing south-side corridor. Investors also have the option to purchase two additional single-family homes, creating an even larger acquisition and expanding the chance to maximize returns across multiple doors. Opportunities like this—multiple units, expansion options, and strong value-add potential—are increasingly hard to find. Properties sold as-is. Investors check out MLS 21115900 and MLS 21116212 for additional opportunities offered by this seller.

Listing Status:
Active
Listing Office:
Ebby Halliday Realtors : 903-893-5921
Listing Agent:
Jeff Austin :
MLS ID:
21116272
  • General: Other
  • Flooring: Other
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralElectric
  • Fireplace: Fireplaces: 0
  • Pool: None
  • Parking: OtherParking spaces: 10
  • Roofing: Other
  • General: Board & Batten Siding2Other
  • Originating MLS: NTR
  • School District: Paris ISD
  • County: Lamar
  • Zoning: CITY OF PARISBLOCK 148LOT PT OF 6646 & 718108561
  • Utilities: Electricity AvailableElectricity ConnectedSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Jeff Austin, Ebby Halliday Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Justiss Elementary School

401 18th St NW, Paris, TX, 75460

Grades KG-4

1.31 miles away

P

Paris Jr High School

2400 Jefferson Rd, Paris, TX, 75460

Grades 7-8

1.67 miles away

P

Paris High School

2255 S Collegiate Dr, Paris, TX, 75460

Grades 9-12

2.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.