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R-2 Duplex Property
For Sale
$195,000

708 S 3rd Street, Paragould, AR 72450

Two-unit residential income property with central air, electric systems, and a crawl-space foundation.

Property Size1,470 SF
Price / SF$132.65
Days on Market17

Property Features for 708 S 3rd Street

General Information

Standard status Active
Size 1,470 SF
Property subtype Residential Income
Zoning R-2
Lease Term 12 Months

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $292

Amenities

Central Air, Ceiling Fan(s), Electric
Central, Electric, Heat Pump
Crawl Space
Electric Water Heater, Electric Range, Microwave, Refrigerator
Traditional

Building Details

Building Size 1,470 SF
Listing Agency: Weichert Realtors Home Source
Listed By: Kimberly S Davis
Source: Evrealestate
Added: Jul 26 Changed: Aug 10 Last Checked: Aug 11 at 7:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors Home Source

Investment Insights

Based on property information with market context.

This duplex at 708 S 3rd Street offers 1,470 square feet within an R-2-zoned residential income property. Interior features include central air, ceiling fans, electric heating with a heat pump, an electric water heater, electric range, microwave, and refrigerator. The property also includes a crawl space and traditional exterior styling.

The property is located in Paragould, Greene County, with access from Hwy 412 East via S. 3rd Street. Its duplex configuration and residential zoning establish a straightforward multifamily format.

Key Highlights

  • 1,470‑square‑foot duplex at 708 S 3rd Street
  • R‑2 zoning in Greene County
  • Central air, ceiling fans, and electric heat pump

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Grocery & Convenience Store Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential income property with central air, electric systems, and a crawl-space foundation.
Where is this duplex located?
The property is located at 708 S 3rd Street Paragould, AR.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1,470‑square‑foot duplex at 708 S 3rd Street; R‑2 zoning in Greene County; Central air, ceiling fans, and electric heat pump
More about this property
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