404 W Matthews Brookland, AR $ 5,990,000
404 W Matthews
$ 5,990,000
New Construction
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404 W Matthews

Brookland, AR, 72417
$ 5,990,000
Baths0.0 Sq 29,000

Monthly Estimate*

$ 37,370

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Studio

Multi-Family Home for sale in Brookland, AR

for $5,990,000. This 29,000 square foot home was built in 2024 on a lot size of 4.49.

The Wager Place Apartment Complex located at 404 W Matthews Street presents a lucrative investment opportunity as a strategically located apartment complex in Brookland, AR. These one year old luxury duplexes in Brookland, AR offer an array of amenities and features that make them truly luxurious. From the elegant all-brick exteriors to the high-quality 30-year architectural shingles, every detail has been carefully considered. Inside, residents will enjoy the waterproof flooring, all-electric appliances, and the convenience of a washer, dryer, and refrigerator already provided. Perfect for investors seeking a low-maintenance investment. Situated less than 5 minutes from the northeast entrance to Jonesboro and less than 10 minutes from the southern entrance of Paragould, the property enjoys prime accessibility to two major economic hubs in Arkansas. The complex is situated atop 4.5+/- acres of land and is made up of thirty 2bed/2bath units split between 15 buildings. Jonesboro is home to Arkansas State University (ASU), and it stands as a thriving economic center. Its top employers include St. Bernards Healthcare, ASU,and NEA Baptist Health System.

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Multi-Family Active

Price

$ 5,990,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 51,073

Style

Traditional

Lot Size

4.49

Year Built

2024

Town/City

Brookland

County/Region

Craighead

MLS | Web ID

25045997

Features
Interior
Interior Amenities Dryer-Stays Hot Water Heater-Electric Smoke Detector Breakfast Bar Fan - Ceiling
Floors Luxury Vinyl
Total Number of Units 30
1 Bed Units 0
2 Bed Units 0
3 Bed Units 30
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General
Heating Central Cool-Electric Central Heat-Electric
Utilities Sewer-Public Water-Public
Roof Architectural Shingle
Garage Garage One Car
Zoning R
Year Built 2024
Tenant Pays All Utilities
Subdivision Dickson AR
Style Traditional
Stories Count One Story
County Craighead
Class Multi-Family
Type Duplex
Inside City Limits Yes
Status Active
Sale/Rent For Sale
Status Detail 0
Docs on File None
Warranty As-Is Prsnt Cnd at Clsng
Primary City Brookland
Directions Brookland
High School Brookland
City Brookland
Elementary School Brookland
Middle School Brookland
DOM 49
Postal Code 72417
Price Per Sq Ft Total AG 206.55
Public Remarks The Wager Place Apartment Complex located at 404 W Matthews Street presents a lucrative investment opportunity as a strategically located apartment complex in Brookland AR. These one year old luxury
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Exterior
Exterior Brick
Exterior Amenities Patio
Road Surface Paved
Foundation Slab
Lot Size Area 4.49
Lot Dimensions 4.49
Lot Level
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* Excluded Features
List By
Jon Moore

Listing Agent

Halsey Real Estate

Broker

jon@halseyre.com

Email

Affordability Calculator

$41,626
Per Month
90%
10%
0%
Monthly Principal & Interest
$37,370
Monthly Property Taxes
$4,256
Monthly Home Insurance
--
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
1828515 Elementary School
1829264 Middle School
Brookland High School High School
Pricing History
DatePricePrice ChangeDescription
11/18/2025$5,990,000 Listed Price

Map


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404 W Matthews, Brookland, AR, 72417 is a Multi-Family Home for sale at $5,990,000 with 29,000 sqft and a lot size of 4.49. 404 W Matthews is a studio with 0.0 baths and was built in 2024. The property's zip code is 72417 which is in Brookland, AR