Multifamily Property Near Hospital

807 W Kingshighway, Paragould, AR 72450

View on Map

For Sale

$988,500

Income-producing 23-unit apartment complex with redevelopment potential.

Property size:

8,424 SF

Price / SF:

$117/SF

HighLights

Excellent income‑producing property with 23 cash‑flowing units providing immediate income.
Zoned C‑2 offering endless possibilities for redevelopment or mixed‑use opportunities.
Highly desirable location at 807 W Kingshighway, almost directly across from the hospital.
Ideal for investors looking to expand, convert, or maximize returns.
Strategic location combines strong current income with future business potential.
Multi‑residential apartment complex currently in operation.

We can help!

Listing Contact

Bacilio Hernandez

Learn more

For Sale

$988,500

Income-producing 23-unit apartment complex with redevelopment potential.

Property size:

8,424 SF

Price / SF:

$117/SF

Added:: May 5, 2026
Days on Market:: 50
Last Refresh:: May 19 at 6:04 pm

Property Features for 807 W Kingshighway

General Information

Standard status: Active
Size: 8,424 SF

We can help!

Listing Contact

Bacilio Hernandez

Listing agent Bacilio Hernandez

Listing office Amigos Realty, LLC

Listing date May 5, 2026

Source Exprealty

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 Amigos Realty, LLC

HighLights

Excellent income‑producing property with 23 cash‑flowing units providing immediate income.
Zoned C‑2 offering endless possibilities for redevelopment or mixed‑use opportunities.
Highly desirable location at 807 W Kingshighway, almost directly across from the hospital.
Ideal for investors looking to expand, convert, or maximize returns.
Strategic location combines strong current income with future business potential.
Multi‑residential apartment complex currently in operation.

Overview

This property, located at 807 W Kingshighway, is currently operating as a multi-residential apartment complex with 23 cash-flowing units, providing immediate income. The property is situated in a highly desirable area, almost directly across from the hospital. Zoned C-2, the property offers possibilities for redevelopment or mixed-use opportunities. The property size is 8,424 square feet. This property combines current income with future business potential due to its strategic location and flexible zoning, making it suitable for investors looking to expand, convert, or maximize returns.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Paragould
County: Greene
State: Arkansas
Longitude: -90.49741
Latitude: 36.052611

Nearby Similar for Sale

$590,000

5,724 SF

Motel and Liquor Store Property

For sale hospitality and retail opportunity with a motel, liquor store, attached apartment, and included liquor license.

3662 E HWY 412, Paragould, AR 72450

View Details
$1,495,000

5,056 SF

Iconic Commercial Property in Paragould

Long-standing destination for fuel, food, and community connection.

12754 W Highway 412, Paragould, AR 72450

View Details
$345,000

3,722 SF

Versatile Commercial Property in Paragould

Multi-level commercial property with office, storage, and live-work potential.

1011 Linwood Drive, Paragould, AR 72450-0000

View Details
$329,900

1,760 SF

Corner Lot Commercial Opportunity

High-visibility corner lot suitable for various business uses.

726 W Kingshighway, Paragould, AR 72450

View Details
$988,500

8,424 SF

Paragould Multi-Residential Investment Opportunity

Multi-unit apartment complex with redevelopment potential in desirable location.

807 W Kingshighway, Paragould, AR 72450

View Details
$665,000

6,864 SF

Apartment Complex with Remodeled Units

Eight newly remodeled 2-bedroom, 1-bath units offer updated finishes and systems for rental operations.

1205 W Hunt St, Paragould, AR 72450

View Details
$900,000

26,798 SF

Industrial Building with Roll-Up Door

Office, showroom, and warehouse space with ADA restrooms, dual docks, and a 14’ x 10’ front roll-up door.

1305 Carroll Road, Paragould, AR 72450-6065

View Details
$2,500

3,722 SF

Paragould Commercial Property with Flexibility

Versatile mixed-use property with live-work potential in Paragould, AR.

1011 Linwood Drive, Paragould, AR 72450-4861

View Details
$375,000

4,236 SF

Four Single-Family Homes Investment

Four homes in Paragould, AR with strong rental potential.

104,108,109,110 S 13th Ave, Paragould, AR 72450

View Details
$289,900

2,670 SF

Newer Duplex in Paragould, AR

New construction duplex with strong rental appeal in Paragould.

505 Bertig St, Paragould, AR 72450

View Details
$1,495,000

5,056 SF

Iconic Restaurant and Gas Station

Established business with highway frontage near state parks.

12754 Highway 412 W, Paragould, AR

View Details
$229,900

1,950 SF

Paragould Commercial Property on Highway

High-traffic corner lot suitable for retail or office use.

2212 LINWOOD DR., Paragould, AR 72450

View Details

For sale
Apartment buildings
AR
Paragould
72450
807 W Kingshighway

What type of property is this?

Apartment building - Income-producing 23-unit apartment complex with redevelopment potential.

Where is this apartment building located?

The property is located at 807 W Kingshighway Paragould, AR.

What is the asking price?

The asking price for this property is $988,500.

What are key features of this property?

This property features: Excellent income‑producing property with 23 cash‑flowing units providing immediate income.; Zoned C‑2 offering endless possibilities for redevelopment or mixed‑use opportunities.; Highly desirable location at 807 W Kingshighway, almost directly across from the hospital.