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    Luxury Duplexes Investment Opportunity Title is generated by Realmo AI

    404 W Matthews, Brookland, AR 72417

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    Claim this Listing
    For Sale
    $5,790,000

    MULTI_FAMILY - Brookland, AR

    Property size:
    29,000 SF
    Lot size:
    4.49 Acres
    Price / SF:
    $199/SF
    Added:
    Nov 14, 2025
    Days on Market:
    189
    Last Refresh:
    May 22 at 1:06 am

    Property Features for 404 W Matthews

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Parking features
    Garage
    Patio and Porch features
    Patio
    Interior features
    Dryer-Stays, Hot Water Heater-Electric, Smoke Detector, Breakfast Bar, Fan - Ceiling
    Exterior features
    Patio
    Appliances
    Microwave, Electric Range, Dishwasher, Disposal, Microwave, Electric Range, Dishwasher, Disposal
    Standard status
    Active
    Size
    29,000 SF
    Lot size
    4.49 Acres

    Taxes and HOA fees

    Tax Description
    PART DICKSON'S ADDITION TO BRO
    Tax Annual Amount
    51073

    Building Details

    Year built
    2024
    Floors in Building
    1
    Number of units
    30
    Flooring type
    Vinyl
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Jon Moore

    Listing agent Jon Moore License #00055730

    Listing office Halsey Real Estate 301 W Washington Ave, Suite 200, Jonesboro, AR

    Listing date Nov 14, 2025

    MLS# 25045997 Listing URL

    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.

    HighLights

    • Prime location: Less than 5 minutes from Jonesboro and less than 10 minutes from Paragould.
    • New, luxury duplexes: Built in 2024 with high‑quality construction and modern amenities.
    • Low‑maintenance investment: All‑brick exteriors, 30‑year architectural shingles, and waterproof flooring minimize upkeep.
    • Fully equipped units: Each unit includes all‑electric appliances, a washer, a dryer, and a refrigerator.
    • Strong rental market: Located near Arkansas State University (ASU) and major employers in Jonesboro.
    • Spacious property: Complex situated on 4.5+\/- acres with thirty 2bed/2bath units.

    Overview

    The Wager Place Apartment Complex, situated at 404 W Matthews Street in Brookland, AR, presents a significant investment opportunity. These luxury duplexes, approximately one year old, offer a range of amenities and features. The exteriors boast elegant all-brick construction complemented by high-quality 30-year architectural shingles. Each unit features waterproof flooring and is equipped with all-electric appliances, including a washer, dryer, and refrigerator. The property is located less than 5 minutes from the northeast entrance to Jonesboro and less than 10 minutes from the southern entrance of Paragould, providing accessibility to two major economic hubs in Arkansas. The complex sits on approximately 4.5 acres of land and comprises thirty 2-bedroom, 2-bathroom units distributed across 15 buildings. Jonesboro, home to Arkansas State University (ASU), is a thriving economic center with major employers such as St. Bernards Healthcare, ASU, and NEA Baptist Health System. The property is suitable for investors seeking a low-maintenance investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Hotel & Motel Department Store HVAC Service Daycare Center Barber Shop Bed & Breakfast Buffet

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookland
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.585106
    Latitude
    35.902938

    FAQs

    What type of property is this?
    Apartment building - Newer luxury duplexes near Jonesboro and Paragould, Arkansas.
    Where is this apartment building located?
    The property is located at 404 W Matthews Brookland, AR.
    What is the asking price?
    The asking price for this property is $5,790,000.
    What are key features of this property?
    This property features: Prime location: Less than 5 minutes from Jonesboro and less than 10 minutes from Paragould.; New, luxury duplexes: Built in 2024 with high‑quality construction and modern amenities.; Low‑maintenance investment: All‑brick exteriors, 30‑year architectural shingles, and waterproof flooring minimize upkeep.
    More about this property
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