REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Dustin White • Dustin White Realty
$ 300,000
Est. payment /mo
New
Greg Drive Paragould, AR 72450
4,993 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Home W/ Rental Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,993 sqft
Price per Sqft $60
MLS Listing ID 10122903
Annual Tax Amount $1
Tax Year 2024
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Home W/ Rental Units
Property Description
Affordable, cash-flowing investment opportunities like this don't come around often. Priced at just $300,000, this investment package in Paragould, Arkansas includes four tenant-occupied single-family homes and three vacant lotsall located in areas with consistent rental demand. The properties currently bring in a gross monthly income of $3,150, offering a strong 12.6% annual return from day one. Each home is rented by long-term tenants, providing reliable income with room for rent optimization and basic value-add improvements. The three vacant lots offer additional upsidewhether you choose to build affordable housing, hold for appreciation, or sell individually. Paragould's low property taxes, minimal competition, and steady need for affordable rentals make this a smart addition to any portfolio focused on steady, income-generating assets. Whether you're just starting out or expanding your holdings, this is an ideal turnkey package in a growing, investor-friendly market. Reach out today for more information. Addresses are 514, 602, 612, and 617 Greg St.
Location
State AR
County Greene
Area Paragould(Northeast)
Building
Sewer City Sewer
Schools
Elementary Schools Paragould
High Schools Paragould
Others
Tax ID 1004-30440-001