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For sale
  • $300,000

    514 Greg Dr, Paragould, AR 72450

    --beds
    0baths
    4,993sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $285,200 Zestimate®
    $60/sqft
    $-- HOA

    What's special

    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.
    47 days
    on Zillow
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    74
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: June 24, 2025 at 09:24am

    Listed by:

    Dustin White 870-219-2858,

    Dustin White Realty 870-594-4367

    Source: Northeast Arkansas BOR,MLS#: 10122903
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 514 Greg Dr.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total structure area: 4,993
    • Total interior livable area: 4,993 sqft

    Property

    Features
    • Levels: One
    Lot
    • Size: 1,742.4 Square Feet
    Details
    • Parcel number: 100430440001

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 0

    Utilities & green energy

    • Sewer: City Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Paragould

    Financial & listing details

    • Price per square foot: $60/sqft
    • Tax assessed value: $65,700
    • Annual tax amount: $1
    • Date on market: 6/24/2025
    • Total actual rent: 0
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