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Remodeled 8-Unit Apartment Building
For Sale
$665,000

1205 W Hunt St, Paragould, AR 72450

Multi-Family, Paragould, AR

Property Size6,864 SF
Lot Size0.33 Acres
Price / SF$96.88
Days on Market227

Property Features for 1205 W Hunt St

General Information

Property type Residential Multi Family
Property subtype Apartment
Appliances Electric Range, Dishwasher, Refrigerator-Stays, Electric Range, Dishwasher, Refrigerator-Stays
Subdivision Metes & Bounds
Lot features Level, Not in Subdivision
Elementary school Paragould
Middle school Paragould
High school Paragould
Directions Linwood Drive, right onto W. Hunt Street, forward through stop sign by Express Pawn, apartment building on left (2 story)
Standard status Active
APN 1002-36130-026
Size 6,864 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1138

Building Details

Floors in Building 2
Number of units 8
Flooring type Vinyl
Roof type Metal
Listing Agency: Weichert Realtors, Home Source
Listed By: Kimberly Davis
Added: Feb 11 Changed: Sep 3 Last Checked: Sep 26 at 5:06PM
MLS# 26005265

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property contains eight 2-bedroom, 1-bath apartment units totaling 6864 square feet on 0.33 acres. The units were completed in 2025 and feature vinyl flooring, electric ranges, dishwashers, refrigerators, updated cabinets, and refreshed interiors. Five HVAC units were replaced as part of the improvements.

Building upgrades include new subfloors, joists, a king beam, plumbing, wiring, firewalls, and a metal roof. The exterior has been painted, and the property also includes new asphalt. Located at 1205 W Hunt St in Paragould, Arkansas, the asset offers a recently renovated apartment configuration with substantial building-system updates.

Key Highlights

  • Eight 2‑bedroom, 1‑bath apartment units
  • 6864 square feet on 0.33 acres
  • Units completed in 2025

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Skin Care Clinic Kitchen & Bath Showroom Electrical Service HVAC Service Computer & Electronic Repair Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby

Demographics for 72450, AR

39,945
Population
16,784
Households
2.4
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
285.3 sq mi
ZIP Area
140
Density / Sq Mi
$56,390
Median Household Income
$37,008
Median Earnings
$865
Median Rent
$169,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with renovated interiors, modernized systems, appliances, and metal roofing.
Where is this apartment building located?
The property is located at 1205 W Hunt St Paragould, AR.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Eight 2‑bedroom, 1‑bath apartment units; 6864 square feet on 0.33 acres; Units completed in 2025
More about this property
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