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308 S 12th Avenue

Paragould, AR 72450
  • $255,500
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 10126123
UPDATED: 71 min ago
$255,500
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,912
    SQFT
  • $88
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Discover a low-maintenance, cash-flowing triplex featuring three occupied 2 bed, 1.5 bath units, remodeled in 2022. Each unit offers a comfortable layout with the living room, kitchen, and half bath on the main level, and both bedrooms plus a full bath upstairs. This setup is ideal for long-term tenant satisfaction. Units are all electric and individually metered(tenants pay their own) and the HVAC in Unit 2 was replaced in May 2025 with Units 1 & 3 being replaced in 2022. This property is perfect for investors seeking consistent income with minimal upkeep. Even better, the land in front of the triplex is available for purchase and offers an excellent opportunity to build additional units and enhance future returns. Whether you're expanding your portfolio or making your first multifamily investment, this one checks all the boxes.

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Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2025 Jonesboro Board of REALTORS® MLS. All rights reserved.
www.neahomes4sale.com/homes/170137915
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308 S 12th Avenue Paragould, AR 72450

  • Price: $255,500
  • Status: Active
  • On Site: 16 Days
  • Updated: 71 min ago
  • MLS #: 10126123
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,912
SQFT
$88
$/SQFT
Neighborhood:
Phillips
County:
Greene
Area:
Paragould
Elementary School:
Greene Cty Tech
Middle School:
Greene Cty Tech
High School:
Greene Cty Tech
Property Description
Discover a low-maintenance, cash-flowing triplex featuring three occupied 2 bed, 1.5 bath units, remodeled in 2022. Each unit offers a comfortable layout with the living room, kitchen, and half bath on the main level, and both bedrooms plus a full bath upstairs. This setup is ideal for long-term tenant satisfaction. Units are all electric and individually metered(tenants pay their own) and the HVAC in Unit 2 was replaced in May 2025 with Units 1 & 3 being replaced in 2022. This property is perfect for investors seeking consistent income with minimal upkeep. Even better, the land in front of the triplex is available for purchase and offers an excellent opportunity to build additional units and enhance future returns. Whether you're expanding your portfolio or making your first multifamily investment, this one checks all the boxes.
Exterior Features

Exterior BrickVinyl Siding Levels Two Story Parking Features 2 Spaces/Unit

Interior Features

1 Bedroom Unit Number Of Baths 0 2 Bedroom Unit Kitchen Yes 2 Bedroom Unit Living Room Yes 2 Bedroom Unit Number Of Baths 0 3 Bedroom Unit Number Of Baths 0 4 Bedroom Unit Number Of Baths 0 Cooling Features Central AirElectric Heat Features CentralElectric Laundry Features Electric Dryer Hook UpWasher Hook Up Number Of1 Bedroom Units 0 Number Of2 Bedroom Units 3 Number Of3 Bedroom Units 0 Number Of4 Bedroom Units 0

Property Features

1 Bedroom Unit Actual Rents 0.00 2 Bedroom Unit Actual Rents 2475.00 2 Bedroom Unit Deposit Yes 2 Bedroom Unit Includes 2 Car ParkingApplies to All UnitsCentral AirElectric HeatRangeRefrigeratorTenant Pays ElectricTenant Pays Heat 2 Bedroom Unit Lease MY Yearly 3 Bedroom Unit Actual Rents 0.00 4 Bedroom Unit Actual Rents 0.00 Agent Owned No Auction No Builder Owned No Electric Features PLWC Fips Code 55 Flood Zone Unknown Gross Income 0.00 Insurance Expense 0.00 Landscape Expense 0.00 Lease Type Net Maintenance Expenses 0.00 Management Expenses 0.00 Net Income 0.00 Possession At Closing Property Subtype1 Triplex Reo Property No Sewer Septic City Sewer Tax Year 2025 Taxes 1233.00 Transaction Type Sale Utility Expense 0.00 Water Supply City

Listing information © 2025 Jonesboro Board of REALTORS® MLS.
Listing provided by SnowCap Realty: .

Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2025 Jonesboro Board of REALTORS® MLS. All rights reserved.
 
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Halsey Real Estate
301 W Washington
Jonesboro AR, 72401