Apartment Complex with Remodeled
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 Market190
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
(870) 236-3100
Listed By:
Kimberly Davis
(870) 236-3100
Added: Feb 11
Changed: Jun 22
Last Checked: Aug 20 at 2:06AM
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 apartment complex includes eight units, each configured as a 2-bedroom, 1-bath layout. The units were newly remodeled within the last year, with finishes completed in 2025. Improvements reported include new subfloors and joists, a king beam, new flooring, and a complete re-wire brought up to code. Additional updates include new firewalls, plumbing improvements, new appliances, and new cabinets, along with five HVAC units replaced.
The property is located at 1205 W Hunt St in Paragould, Arkansas, in Greene County. The overall lot size is listed as 0.33 acres, with the building area reported at 6,864 square feet.
For investors or owner-operators looking for a smaller multifamily asset with recent capital work, this offering presents a turn-key profile based on the documented interior and system upgrades. Management-reported income and expenses are described as reflecting amounts received and paid through the management company, and do not include mortgage, insurance, or taxes. The remarks also note potential gross rents of $6,400 per month, providing a reference point for underwriting based on current unit condition.
The property is located at 1205 W Hunt St in Paragould, Arkansas, in Greene County. The overall lot size is listed as 0.33 acres, with the building area reported at 6,864 square feet.
For investors or owner-operators looking for a smaller multifamily asset with recent capital work, this offering presents a turn-key profile based on the documented interior and system upgrades. Management-reported income and expenses are described as reflecting amounts received and paid through the management company, and do not include mortgage, insurance, or taxes. The remarks also note potential gross rents of $6,400 per month, providing a reference point for underwriting based on current unit condition.
Key Highlights
- Eight 2‑bedroom, 1‑bath units, all remodeled within the last year (finished in 2025).
- Potential gross monthly rents of $6,400.
- Extensive renovations including new subfloors, joists, king beam, flooring, complete rewiring to code, new firewalls, and plumbing.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight newly remodeled 2-bedroom, 1-bath units offer updated finishes and systems for rental operations.
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 units, all remodeled within the last year (finished in 2025).; Potential gross monthly rents of $6,400.; Extensive renovations including new subfloors, joists, king beam, flooring, complete rewiring to code, new firewalls, and plumbing.
