Multifamily Property with Four
New
For Sale
$220,000
603 GR 518 RD, Paragould, AR 72450
MULTI_FAMILY - Paragould, AR
Property Size4,288 SF
Lot Size1.00 Acre
Price / SF$51.31
Days on Market4
Property Features for 603 GR 518 RD
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage
Interior features
Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Breakfast Bar, Built Ins, Closet - Walk In, Fan - Ceiling
Appliances
Free-Standing Stove, Electric Range, Pantry, Refrigerator-Stays, Free-Standing Stove, Electric Range, Pantry, Refrigerator-Stays
Subdivision
TSR
Lot features
Level, Rural Property, Cleared, Not in Subdivision, Out of City
Directions
Highway 49 North out of Paragould. Then left onto 518 Road. Property is on the left side before the first stop sign. Approx. 1.5 miles of gravel.
Standard status
Active
Size
4,288 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
Tract 1 Survey
Tax Annual Amount
45
Legal Description
Tract 1 Survey
Amenities
detached bathroom facility
Building Details
Year built
2008
Number of units
4
Flooring type
Concrete, Vinyl
Roof type
Metal
Listing Agency:
Century 21 Portfolio-Bold · Century 21 Real Estate
(870) 240-0900
Listed By:
Linda Dickinson · License #EB00043542
(870) 239-1164
Added: Aug 17
Changed: Aug 19
Last Checked: Aug 20 at 2:06AM
MLS# 26033623
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 multifamily property includes four detached buildings with estimated dimensions of 50 x 40, 40 x 30, 20 x 24, and 16 x 18. Combined property size is 4,288 square feet on 1 acre, with construction dating to 2008. A separate facility contains three full bathrooms. The buildings also include washer and dryer connections, electric water heating, ceiling fans, built-ins, walk-in closet space, breakfast bars, and kitchens equipped with electric ranges and refrigerators. Concrete and vinyl flooring, metal roofing, and garage parking are also present.
The property is located at 603 GR 518 RD in Paragould, Arkansas. Its prior operation as a summer camp is part of the property history, while the existing multi-structure layout provides the physical framework for the current multifamily classification.
The property is located at 603 GR 518 RD in Paragould, Arkansas. Its prior operation as a summer camp is part of the property history, while the existing multi-structure layout provides the physical framework for the current multifamily classification.
Key Highlights
- Four detached buildings with estimated dimensions of 50 x 40, 40 x 30, 20 x 24, and 16 x 18
- 4,288 square feet on 1 acre
- Separate facility with three full bathrooms
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8
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?
Multifamily property - Four detached buildings and a separate three-bathroom facility create a varied residential property configuration.
Where is this multifamily property located?
The property is located at 603 GR 518 RD Paragould, AR.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Four detached buildings with estimated dimensions of 50 x 40, 40 x 30, 20 x 24, and 16 x 18; 4,288 square feet on 1 acre; Separate facility with three full bathrooms
