Multifamily Property with Multiple
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 Market49
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
One detached dedicated facility housing three full bathrooms
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: Sep 13
Last Checked: Oct 4 at 5:06PM
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 4,288-square-foot multifamily property includes four separate buildings plus a detached facility with three full bathrooms. The buildings have estimated dimensions of 50 x 40, 40 x 30, 20 x 24, and 16 x 18. Interior features include breakfast bars, built-ins, walk-in closets, ceiling fans, washer connections, and electric dryer connections. Appliances include electric ranges and refrigerators that remain. Vinyl and concrete flooring, garage parking, and a metal roof are also present.
Built in 2008, the property occupies 1 acre in Paragould, Arkansas. The site formerly operated as a summer camp, and the source information identifies potential for multifamily residential housing, institutional use, or other conversions. Legal description: ONLINE Tract 1 of survey.
Built in 2008, the property occupies 1 acre in Paragould, Arkansas. The site formerly operated as a summer camp, and the source information identifies potential for multifamily residential housing, institutional use, or other conversions. Legal description: ONLINE Tract 1 of survey.
Key Highlights
- 4,288‑square‑foot property on 1 acre
- Four standalone buildings with estimated dimensions of 50 x 40, 40 x 30, 20 x 24, and 16 x 18
- Detached facility contains 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 standalone buildings and a separate three-bath facility occupy a one-acre residential income property.
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: 4,288‑square‑foot property on 1 acre; Four standalone buildings with estimated dimensions of 50 x 40, 40 x 30, 20 x 24, and 16 x 18; Detached facility contains three full bathrooms
