Rezoning Record: A Parcel on E Price St Moved From Commercial to Single-Family
Paris changes its zoning map parcel by parcel, and the record on East Price Street is instructive. In January 2025 the city council unanimously rezoned 1702 E Price St from Commercial C to Single-Family SF-2, while four blocks east this property stays in a Multi-Family Dwelling District.
On January 27, 2025, the Paris City Council rezoned 1702 East Price Street from Commercial C to Single-Family SF-2 after a public hearing, a change that moves that specific parcel out of the commercial column and into the city's standard single-family residential classification. The action was unanimous and is part of the city's public zoning record.
The parcel is on the same street as 1905 E Price St, roughly four blocks west, so the change is not this property's own zoning. It is corridor context: a look at how the city actually draws the line between commercial and residential uses along East Price.
Reading the corridor's zoning patchwork
City zoning in Paris is case-by-case, and East Price Street shows the pattern. Commercial C allows retail and service uses by right; SF-2 is the city's single-family residential district; and 1905 E Price St sits in a Multi-Family Dwelling District, which permits residential density above single-family while still allowing the building's current commercial-style layout to keep serving as flexible space.
The 1702 action is a reminder that a commercial designation is not permanent on any given parcel, the map changes when owners ask and councils vote. For buyers and brokers, the relevant question is never just what a property is zoned today, but how the city has actually treated the surrounding block when changes were requested.
What it means for 1905 E Price St
This property was not part of that rezoning, and its Multi-Family Dwelling District designation is the zoning that supports its highest-value uses: multi-family conversion, group lodging, senior-focused services, and similar residential-intensity occupancies. The January 2025 case next door demonstrates that the city works through rezoning requests with public hearings and recorded votes, which is exactly the predictability an investor wants when underwriting an adaptive-use building.
The corridor context also supports the property's positioning. A street that holds a mix of single-family homes, commercial parcels, and a multi-family district is a street with an established neighborhood base, which feeds the lease demand that underpins the estimated 10% cap rate and the building's upside potential.
Sources: CitizenPortal.ai, "Council OKs rezoning at 1702 East Price Street to single-family," Paris City Council action, January 27, 2025, and prior Paris zoning coverage in this journal.
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