9

Paragould, AR Multifamily Homes & Duplexes for Sale

Section Image
  • /3

    $300,000

    • Studio
    • 4,993 Sq Ft

    514 Greg Dr, Paragould, AR 72450

    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.

    Dustin White Dustin White Realty

    514 Greg Dr, Paragould, AR 72450
  • /18

    $199,000

    • Studio
    • 1,470 Sq Ft

    708 S 3rd St, Paragould, AR 72450

    Newly Remodeled Duplex – Turnkey Investment Opportunity. This fully renovated duplex has been rebuilt from the studs up including engineer approved firewalls with city-approved permits and inspections, offering peace of mind and modern comfort. Each side features its own unique layout—one unit with 2 bedrooms, the other with 3—making it ideal for a variety of tenants. Convenient parking is

    Kimberly Davis Weichert Realtors, Home Source

    708 S 3rd St, Paragould, AR 72450
  • /9

    $119,000

    • Studio
    • 4,300 Sq Ft

    5810 W Kingshighway, Paragould, AR 72450

    Great opportunity for investors! This property located in Paragould right off of W. Kingshighway near Greene County Tech campus comes with long-term, tenants already in place, offering immediate rental income from day one. This is actually 3 separate units that are being individually rented. It will be sold as is. The home does need some maintenance and cosmetic updates, making it ideal for a

    Payton Snodgrass Century 21 Portfolio

    5810 W Kingshighway, Paragould, AR 72450
  • /12

    $65,000

    • Studio
    • 2,404 Sq Ft

    307 C St, Paragould, AR 72450

    INVESTORS THIS IS A BARGAIN, ALL UNITS PRESENTLY RENTED. HAS 3 UNITS. #1 HAS 1 BR,1 BATH, #2 HAS 2 BR, 1 BATH, #3 HAS 2 BR, 1 BATH. CALL OFFICE OR LISTING AGENT FOR ALL DETAILS.

    Jack Millikin Don Tuggle Real Estate

    307 C St, Paragould, AR 72450
  • /14

    $225,000

    • Studio
    • 2,310 Sq Ft

    5703 Cedar St, Paragould, AR 72450

    Looking for a solid investment? This duplex is the perfect addition to your real estate portfolio! Each apartment features 2 bedrooms, 2 bathrooms, and a 1-car garage, making it an attractive rental option for potential tenants. Enjoy the outdoors with covered back patios, providing a comfortable and inviting space for relaxation. The property boasts a new roof, ensuring peace of mind and low

    Rebekah Bateman Prime Real Estate Partners

    5703 Cedar St, Paragould, AR 72450
  • /2

    $140,000

    • Studio
    • 1,700 Sq Ft

    517 N Pruett St, Paragould, AR 72450

    Fully occupied duplex available. Add this to your portfolio or start your investment business today. ATTN INVESTORS!!Can be purchased with multiple other properties.

    Dustin Thomas Halsey Real Estate

    517 N Pruett St, Paragould, AR 72450
  • /2

    $359,900

    • Studio
    • 4,960 Sq Ft

    1015 S 2nd Ave, Paragould, AR 72450

    This five unit apartment complex is 100% occupied. Value add opportunity!! ATTN INVESTORS!!Can be purchased with multiple other properties.

    Dustin Thomas Halsey Real Estate

    1015 S 2nd Ave, Paragould, AR 72450
  • /4

    $259,000

    • Studio
    • 3,190 Sq Ft

    801 Vance St, Paragould, AR 72450

    Looking for a property with opportunities? Here you go!! ATTN INVESTORS!!Can be purchased with multiple other properties.

    Dustin Thomas Halsey Real Estate

    801 Vance St, Paragould, AR 72450
  • /10

    $209,999

    • Studio
    • 2,070 Sq Ft

    440 E Court St, Paragould, AR 72450

    Investors looking to build your portfolio? Here is your opportunity...Triplex 440 E Court just hit the market. Each unit is One bed and one bath. All units are tenant occupied. See agent remarks

    Shannon Barnum IMAGE Realty

    440 E Court St, Paragould, AR 72450

Why Live in Paragould

Paragould, Arkansas, located in Greene County, is a small city with a population of over 30,000. Known as the Friendly City, Paragould has a rich history tied to the railroads, which continue to play a significant role in the local economy. Major employers include Greenbrier Rail, Tenneco, Inc., Anchor Industries, and Arkansas Methodist Medical Center. Housing options range from renovated mid-20th-century ranch-style homes to older cottages and new constructions, with median prices significantly below the national average. The Paragould School District hosts community events, and private schools like Crowley’s Ridge Academy are highly rated. Crowley’s Ridge College offers diverse educational programs. While the city is car-dependent, recent additions like bike lanes and expanded sidewalks on Court Street aim to improve accessibility. Paragould is approximately 80 miles from Memphis, Tennessee, and 22 miles from Jonesboro. Downtown Paragould features unique boutiques, shops, the Greene County Museum, and the Collins Theater. The Paragould Farmers Market operates from May to October. Community events include the Loose Caboose Festival, Downtown After Hours concerts, and the Greene County Fair. Reynold Park offers fishing, and the developing 8 Mile Creek Trail will connect to Crowley’s Ridge State Park. The Paragould Community Center provides various indoor and outdoor recreational activities. The climate is characterized by hot, humid summers and cold, dry winters, with a higher risk of tornadoes due to its proximity to Arkansas's tornado alley.

Home Trends in Paragould, AR

Housing Trends

Median Sale Price
$255,000
Median Single Family Sale Price
$255,000
Average Price Per Sq Ft
$139
Number of Homes for Sale
27
Last 12 months Home Sales
408
Months of Supply
0.80
Median List Price
$259,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
28%
How to Buy a Home How to Finance a Home How to Sell a Home