514 Greg Drive Paragould, AR $ 300,000
514 Greg Drive
$ 300,000
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514 Greg Drive

Paragould, AR, 72450
$ 300,000
Baths0.0 Sq 4,993

Monthly Estimate*

$ 1,872

514 Greg Drive, Paragould, AR 72450 - Image 1
514 Greg Drive, Paragould, AR 72450 - Image 2
514 Greg Drive, Paragould, AR 72450 - Image 3
Studio

Multi-Family Home for sale in Paragould, AR

for $300,000. This 4,993 square foot home was built on a lot size of 0.04.

Affordable, cash-flowing investment opportunities like this don't come around often. Priced at just $300,000, this investment package in Paragould, Arkansas includes four tenant-occupied single-family homes and three vacant lotsall located in areas with consistent rental demand. The properties currently bring in a gross monthly income of $3,150, offering a strong 12.6% annual return from day one. Each home is rented by long-term tenants, providing reliable income with room for rent optimization and basic value-add improvements. The three vacant lots offer additional upsidewhether you choose to build affordable housing, hold for appreciation, or sell individually. Paragould's low property taxes, minimal competition, and steady need for affordable rentals make this a smart addition to any portfolio focused on steady, income-generating assets. Whether you're just starting out or expanding your holdings, this is an ideal turnkey package in a growing, investor-friendly market. Reach out today for more information. Addresses are 514, 602, 612, and 617 Greg St.

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Multi-Family Active

Price

$ 300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1

Style

Lot Size

0.04

Town/City

Paragould

County/Region

Greene

MLS | Web ID

10122903

Features
General
Sewer City Sewer
Flood Zone Unknown
Garage Spaces 0.0
Year Built 0
Water Supply City
Subdivision N/A
Stories Count 0
Number of Units 4
Levels One Level
Age 0
Property Subtype Home W/ Rental Units
Parcel Number 1004-30440-001
Auction No
Transaction Type Sale
Tax Year 2024
County Greene
New Construction 0
Property Type Multi-Family
MaintenanceExpense 0.00
Full Baths 0
Close Price 0.00
Status Active
City Paragould
MLS Area Paragould(Northeast)
Lot Size Units Acres
Lot Size Square Feet 1742.00
High School Paragould
Tax Annual Amount 1.00
Elementary School Paragould
Availability Date 1800-01-01
Jr High School Paragould
Year Built Exception 0
Lease Type Net
Legal Description PT SE SE SEC 30 TWP 17N RNG 6E
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Interior
# of 2 Bedroom Units 0
# of 1 Bedroom Units 0
# of 3 Bedroom Units 0
Half Baths 0
3/4 Baths 0
Total Bedrooms 0
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Exterior
Lot Size Acres 0.0400
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Internal Only
Street Number 1 514
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* Excluded Features
List By
Dustin White

Listing Agent

Dustin White Realty

Broker

dustin@dustinwhiterealty.com

Email

Affordability Calculator

$1,872
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,872
Monthly Property Taxes
$0
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3432529 Elementary School
3432516 Middle School
Paragould High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2025$300,000 Listed Price

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514 Greg Drive, Paragould, AR, 72450 is a Multi-Family Home for sale at $300,000 with 4,993 sqft and a lot size of 0.04. 514 Greg Drive is a studio with 0.0 baths. The property's zip code is 72450 which is in Paragould, AR