Search
Turnkey Remodeled Duplex
For Sale
$195,000

708 S 3rd Street, Paragould, AR 72450

MULTI_FAMILY - Paragould, AR

Property Size1,470 SF
Lot Size0.16 Acres
Price / SF$132.65
Days on Market15

Property Features for 708 S 3rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Interior features Hot Water Heater-Electric, Smoke Detector, Fan - Ceiling
Appliances Microwave, Electric Range, Refrigerator-Stays, Microwave, Electric Range, Refrigerator-Stays
Subdivision Witherington & Bray
Lot features Level, In Subdivision
Elementary school Paragould
Middle school Paragould
High school Paragould
Directions Hwy 412 East, right onto S. 3rd Street, duplex sits on right
Standard status Active
APN 1716-00024-000
Size 1,470 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See Agent Remarks
Tax Annual Amount 293
Legal Description See Agent Remarks

Building Details

Floors in Building 1
Number of units 2
Flooring type Vinyl
Roof type Metal
Architectural style Other
Listing Agency: Weichert Realtors, Home Source
Listed By: Kimberly Davis
Added: Jul 26 Changed: Jul 27 Last Checked: Aug 9 at 11:06PM
MLS# 26030375

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 turnkey, newly remodeled duplex was rebuilt from the studs up and includes engineer-approved firewalls with city-approved permits and inspections. Each side has its own distinct layout, with one unit featuring two bedrooms and the other featuring three bedrooms. Convenient parking is available both in front of the property and via alley access. Tenants receive separate electric and garbage services, while the landlord covers water and sewer due to the property currently having a single water meter (with space noted to add another). There are no washer/dryer hookups.

The property is located at 708 S 3rd Street in Paragould, Arkansas, and is being offered for sale with both units currently rented.

Key Highlights

  • Newly remodeled duplex rebuilt from the studs up with engineer‑approved firewalls and city‑approved permits/inspections
  • Two rental units with separate layouts: one 2‑bedroom unit and one 3‑bedroom unit
  • Parking in front plus alley access

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Grocery & Convenience Store Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith HVAC Service

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

751
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Newly rebuilt duplex with separate utilities and parking options, currently fully rented on a single water meter.
Where is this duplex located?
The property is located at 708 S 3rd Street Paragould, AR.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Newly remodeled duplex rebuilt from the studs up with engineer‑approved firewalls and city‑approved permits/inspections; Two rental units with separate layouts: one 2‑bedroom unit and one 3‑bedroom unit; Parking in front plus alley access
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message