MULTIFAMILYRADAR
48-Unit Multifamily in Paris, TX, photo 11 / 2
Value-add
$4,900,000

48-Unit Multifamily in Paris, TX

Lamar County, TX · listed May 28, 2026 (153 days)

Price per unit compared
This property$102K
Within ~40 mi (16)$117K
Texas median (1,196)$92K
$/unit
$102,083
▲ 11% vs TX · 57th pct
Cap rate
—
 
Gross yield
—
 
Units
48
1980

Financials

Asking price
$4,900,000
Price per unit
$102,083
Price per sq ft
$1,370
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
48
Unit mix
24 Rent Houses 6 Duplexes 3 Quadplexes
Buildings
Not stated
Year built
1980
Building size
3,576 sq ft
Avg unit size
75 sq ft
Lot size
Not stated
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
May 28, 2026
Days on market
153 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1036

About this property

Presenting a rare North Texas investment opportunity featuring a diversified portfolio of income-producing residential properties offered together at $4,900,000. Located throughout Paris, Reno, and Blossom, Texas, this package includes a large collection of established rental homes with proven cash flow and strong occupancy history. The portfolio currently generates approximately $46,625 in monthly rental income with a broad mix of properties ranging from single-family homes to multiple residential rental units across several neighborhoods. With existing tenants in place on many of the properties, investors have the opportunity to acquire immediate income-producing assets with long-term upside potential. This offering provides the scale and efficiency investors are looking for while still maintaining flexibility across multiple locations and property types. The properties are positioned in growing Northeast Texas markets with continued demand for affordable housing and rental inventory. Whether you are looking to expand an existing portfolio, complete a 1031 exchange, or acquire a turnkey residential investment package, this offering presents a unique opportunity to secure a large footprint of performing assets in one transaction.

Portfolio Highlights:

Offered at $4,900,000 Approximate gross monthly income of $46,625 Multiple residential investment properties included Located in Paris, Reno & Blossom, Texas Existing tenant base with ongoing cash flow Diversified property mix and locations Opportunity for future appreciation and operational upside While the seller’s preference is to sell the portfolio as a whole, individual properties or smaller package groupings may be considered if needed.

24 Rent Houses 6 Duplexes 3 Quadplexes

Highlights

  • Rare opportunity to acquire a large-scale residential rental portfolio in Northeast Texas
  • Portfolio offered collectively at $4,900,000
  • Approximately $46,625 in gross monthly rental income
  • Diversified mix of income-producing residential properties
  • Properties located throughout Paris, Reno, and Blossom, TX
  • Existing tenant base provides immediate cash flow
  • Strong regional demand for affordable rental housing
  • Opportunity to increase rents and improve operational efficiencies
  • Ideal for investors seeking portfolio expansion or 1031 exchange replacement assets
  • Seller prefers portfolio sale but may consider separating properties or smaller package groupings

Location

Approximate area. The exact address is shared on request.

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