The Wager Place Apartment Complex located at 404 W Matthews Street presents a lucrative investment opportunity as a strategically located apartment complex in Brookland, AR. These one year old luxury duplexes in Brookland, AR offer an array of amenities and features that make them truly luxurious. From the elegant all-brick exteriors to the high-quality 30-year architectural shingles, every detail has been carefully considered. Inside, residents will enjoy the waterproof flooring, all-electric appliances, and the convenience of a washer, dryer, and refrigerator already provided. Perfect for investors seeking a low-maintenance investment. Situated less than 5 minutes from the northeast entrance to Jonesboro and less than 10 minutes from the southern entrance of Paragould, the property enjoys prime accessibility to two major economic hubs in Arkansas. The complex is situated atop 4.5+/- acres of land and is made up of thirty 2bed/2bath units split between 15 buildings. Jonesboro is home to Arkansas State University (ASU), and it stands as a thriving economic center. Its top employers include St. Bernards Healthcare, ASU,and NEA Baptist Health System.
Active
$5,990,000
404 W Matthews St, Brookland, AR 72417
--beds
--baths
29,000sqft
Est.:
Duplex
Built in 2024
-- sqft lot
$5,631,100 Zestimate®
$207/sqft
$-- HOA
What's special
Waterproof flooringAll-brick exteriorsAll-electric appliances
- 22 days |
- 120 |
- 3 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 03:03pm
Listed by:
Jon Moore 870-219-2308,
Halsey Real Estate 870-972-9191
Source: CARMLS,MLS#: 25045997
Tour with a local agent
Facts & features
Interior
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Microwave, Electric Range, Dishwasher, Disposal, Dryer, Electric Water Heater
Features
- Breakfast Bar, Ceiling Fan(s)
- Flooring: Luxury Vinyl
Interior area
- Total structure area: 29,000
- Total interior livable area: 29,000 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, One Car
- Has garage: Yes
Features
- Levels: One
- Patio & porch: Patio
Lot
- Size: 4.49 Acres
- Features: Level
Details
- Parcel number: 1115529225000
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Dickson
Location
- Region: Brookland
Financial & listing details
- Price per square foot: $207/sqft
- Tax assessed value: $5,637,100
- Annual tax amount: $51,073
- Date on market: 11/18/2025
- Listing terms: Cash
- Tenant pays: All Utilities
- Road surface type: Paved
Estimated market value
$5,631,100
$5.35M - $5.91M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Listed for sale | $5,990,000$207/sqft |
Source: Northeast Arkansas BOR #10125944 Report a problem | ||
| 7/18/2025 | Listing removed | $5,990,000$207/sqft |
Source: Northeast Arkansas BOR #10119516 Report a problem | ||
| 1/24/2025 | Listed for sale | $5,990,000$207/sqft |
Source: Northeast Arkansas BOR #10119516 Report a problem | ||
| 7/31/2024 | Contingent | $5,990,000$207/sqft |
Source: | ||
| 7/24/2024 | Pending sale | $5,990,000$207/sqft |
Source: Northeast Arkansas BOR #10113811 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $51,073 +4885.7% | $1,119,291 +4885.7% |
| 2023 | $1,024 +1159.1% | $22,450 +1159.1% |
| 2022 | $81 -88.7% | $1,783 -88.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$27,620/mo
Principal & interest
$23227
Property taxes
$2296
Home insurance
$2097
Climate risks
Neighborhood: 72417
Nearby schools
GreatSchools rating
- 6/10Brookland Middle SchoolGrades: 3-6Distance: 0.5 mi
- 6/10Brookland Junior High SchoolGrades: 7-9Distance: 0.5 mi
- 9/10Brookland High SchoolGrades: 10-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Brookland
- Middle: Brookland
- High: Brookland
Source: CARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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