23-Unit Apartment
For Sale
$988,500
Paragould, AR 72450, Paragould, AR 72450
Commercial / Industrial, Traditional, Paragould, AR
Property Size8,424 SF
Lot Size0.50 Acres
Price / SF$117.34
Days on Market160
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
20
Lot features
Sloped
Subdivision
PARAGOULD (NORTHEAST)
Standard status
Active
Size
8,424 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Annual Amount
2142
Building Details
Year built
1982
Floors in Building
2
Flooring type
Vinyl, Carpet - Partial
Roof type
Composition, Metal
Architectural style
Other
Listing Agency:
Amigos Realty, LLC
Listed By:
Bacilio Hernandez
(870) 476-8421
Added: May 5
Changed: Oct 10
Last Checked: Oct 11 at 12:06AM
MLS# 26017983
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 23-unit apartment property contains 8,424 square feet on a 0.5-acre parcel. Built in 1982, the building has partial carpet and vinyl flooring, with metal and composition roofing reported among its features. C-2 zoning applies to the site.
Located at 807 W Kingshighway in Paragould, the property sits almost directly across from the hospital. It is currently operating as a multifamily apartment complex.
Located at 807 W Kingshighway in Paragould, the property sits almost directly across from the hospital. It is currently operating as a multifamily apartment complex.
Key Highlights
- 23 apartment units
- 8,424 square feet on 0.5 acres
- C‑2 zoning
Property Analytics
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Current Use
Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
56
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - C-2 zoning and a position across from the hospital add commercial context to this operating multifamily property.
Where is this apartment building located?
The property is located at 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: 23 apartment units; 8,424 square feet on 0.5 acres; C‑2 zoning
