Multi-Building Multifamily
New
For Sale
$240,000
302 S Elm, Paris, AR 72855
Residential Income, Paris, AR
Property Size2,943 SF
Lot Size0.41 Acres
Price / SF$81.55
Days on Market3
Property Features for 302 S Elm
General Information
Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
2,943 SF
Lot size
0.41 Acres
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1940
Flooring type
Tile
Roof type
Rubber, Tar/Gravel, Flat
Listing Agency:
Eagle Pride Realty
(479) 963-3885
Listed By:
Elisabeth Reynolds
(479) 438-1352
Added: Sep 18
Last Checked: Sep 20 at 10:06AM
MLS# 11991445
Copyright © 2026 My State MLS. 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 includes three buildings totaling 2,943 square feet on 0.41 acres. One structure has been remodeled and is ready for use as a rental or short-term lodging operation. A second building is being remodeled, with most materials and items needed for completion included in the sale. The third building provides additional space and requires further work. Tile flooring, forced-air heating, natural gas service, public water, and flat rubber and tar/gravel roofing are present. The property was built in 1940.
A vacant lot is included and can be used for parking. Two buildings have new roofs, while the remaining structure needs additional attention. The property combines multiple structures with a range of existing improvements and unfinished work, offering flexibility for continued rental use, short-term lodging, business space, or a combination of uses.
A vacant lot is included and can be used for parking. Two buildings have new roofs, while the remaining structure needs additional attention. The property combines multiple structures with a range of existing improvements and unfinished work, offering flexibility for continued rental use, short-term lodging, business space, or a combination of uses.
Key Highlights
- Three buildings totaling 2,943 square feet
- 0.41‑acre property includes a vacant lot for parking
- One building remodeled and ready for rental or short‑term lodging use
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
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Business Placement
Demographics for 72855, AR
5,914
Population
2,840
Households
2.1
Avg Household Size
45
Median Age
18%
College-Educated
91%
High-School Grad
179.8 sq mi
ZIP Area
33
Density / Sq Mi
$51,905
Median Household Income
$35,176
Median Earnings
$691
Median Rent
$119,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three-building property with one remodeled structure and additional space for rental or short-term lodging use.
Where is this multifamily property located?
The property is located at 302 S Elm Paris, AR.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Three buildings totaling 2,943 square feet; 0.41‑acre property includes a vacant lot for parking; One building remodeled and ready for rental or short‑term lodging use
