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$ 1,495,000
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Active
1212 Greene Street Paragould, AR 72450
13,696 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 13,696 sqft
Price per Sqft $109
Subdivision Not In Subdivision
MLS Listing ID 26045819
Style Garden
Year Built 2011
Annual Tax Amount $9,179
Tax Year 2026
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Apartments
Property Description
Outstanding opportunity to acquire a well-maintained, income-producing 16-unit multifamily property in the growing Northeast Arkansas market of Paragould. Built in 2011, this attractive apartment community features four separate 4-plex buildings situated on approximately 2 acres (one tax lot), offering an appealing, low-density layout with ample parking and attractive curb appeal. Each of the 16 units offers 2 bedrooms, 1 bathroom, and 856 square feet of comfortable living space with durable stamped concrete floors on slab construction. Located in Paragould, one of Northeast Arkansas' strongest and most stable rental markets, the property benefits from a diverse employment base and continued regional economic growth. Just 20 miles from Jonesboro, home to Arkansas State University, NEA Baptist Memorial Hospital, and numerous major employers, the community offers residents convenient access to the region's largest employment and retail hub while maintaining the affordability and neighborhood appeal of Paragould. This strategic location supports consistent rental demand and positions the property for long-term investment performance. Office also available as package MLS#2604523.
Location
State AR
County Greene
Area Paragould (Northeast)
Zoning residentia
Rooms
Kitchen Electric Range, Dishwasher, Refrigerator-Stays
Interior
Flooring Concrete
Equipment Electric Range, Dishwasher, Refrigerator-Stays
Exterior
Parking Features Garage
Utilities Available Sewer-Public, Water-Public
Roof Type Composition
Building
Lot Description Level
Foundation Slab
New Construction No
Listed by Homecoin.com • Jonathan Minerick
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