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514 Greg Drive

Paragould, AR 72450
  • $300,000
  • STATUS: Active
  • ON SITE: 165 Days
  • MLS #: 10122903
UPDATED: 28 min ago
$300,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,993
    SQFT
  • $60
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
County:

School Information

Elementary School:
Middle School:
High School:

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.

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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/165236740
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514 Greg Drive Paragould, AR 72450

  • Price: $300,000
  • Status: Active
  • On Site: 165 Days
  • Updated: 28 min ago
  • MLS #: 10122903
0
Beds
0
Baths
0
½ Baths
0.04
Acres
4,993
SQFT
$60
$/SQFT
Neighborhood:
N/A
County:
Greene
Area:
Paragould (Northeast)
Elementary School:
Paragould
Middle School:
Paragould
High School:
Paragould
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.
Exterior Features

Levels One Level

Interior Features

1 Bedroom Unit Number Of Baths 0 2 Bedroom Unit Number Of Baths 0 3 Bedroom Unit Number Of Baths 0 4 Bedroom Unit Number Of Baths 0 Number Of1 Bedroom Units 0 Number Of2 Bedroom Units 0 Number Of3 Bedroom Units 0 Number Of4 Bedroom Units 0

Property Features

1 Bedroom Unit Actual Rents 0.00 2 Bedroom Unit Actual Rents 0.00 3 Bedroom Unit Actual Rents 0.00 4 Bedroom Unit Actual Rents 0.00 Agent Owned No Auction No Builder Owned No Fips Code 55 Flood Zone Unknown Gross Income 3150.00 Insurance Expense 0.00 Landscape Expense 0.00 Lease Type Net Maintenance Expenses 0.00 Management Expenses 0.00 Net Income 0.00 Property Subtype1 Home W/ Rental Units Reo Property No Sewer Septic City Sewer Tax Year 2024 Taxes 1.00 Transaction Type Sale Utility Expense 0.00 Water Supply City

Listing information © 2025 Jonesboro Board of REALTORS® MLS.
Listing provided by Dustin White Realty: 870-219-2858.

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