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    708 S 3Rd St Paragould, AR 72450

    For Sale
    $199,000

    Traditional, Duplex - Paragould, AR

    Type:Duplex
    Property size:
    1,470 SF
    Lot size:
    0.16 Acres
    Days on Market:
    138
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 708 S 3Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    R-2
    APN
    1716-00024-000
    Interior features
    Hot Water Heater-electric, Smoke Detector, Fan - Ceiling
    Appliances
    Microwave, Range, Refrigerator
    Size
    1,470 SF
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Electricity Available, Water Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric, Heat Pump

    Building Details

    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Architectural style
    New Traditional

    Paragould Home Source (870) 236-3100

    Listing agent Kimberly Davis (870) 236-3100

    Listing date Jul 21, 2025

    MLS# 25024503 Listing URL

    Copyright © 2025 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.

    Overview

    Remodeled Duplex: Turnkey Investment

    This newly remodeled duplex in Paragould, AR, presents a turnkey investment opportunity. The property has been rebuilt from the studs up, including engineer-approved firewalls, with city-approved permits and inspections. The duplex features two units, each with a unique layout. One unit includes 2 bedrooms, while the other offers 3 bedrooms. Parking is conveniently available both in front and via alley access. While there are no washer/dryer hookups, tenants benefit from separate electric and garbage services. The landlord is responsible for water and sewer, as the property currently has a single water meter, though there is space to add another one. The property is zoned R-2 and situated on a lot of 0.16 acres. The total living area is 1470 square feet. This property is designed to generate solid income when both units are rented.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.488911
    Latitude
    36.050166

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    FAQs

    What type of property is this?
    Duplex - Fully renovated duplex with diverse layouts, ideal for investors.
    Where is this duplex located?
    The property is located at 708 S 3Rd St Paragould, AR.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Fully renovated duplex, rebuilt from the studs up with city-approved permits and inspections.; - Turnkey investment opportunity with solid income potential when both units are rented.; - Two units with unique layouts: **one 2-bedroom and one 3-bedroom**.
    (870) 236-3100
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    708 S 3Rd St Paragould, AR 72450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    708 S 3Rd St Paragould, AR 72450
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