Turn Key Investment Opportunity!! Duplex with 2 beds and 2 baths in each unit. Property has been updated and remodeled inside and out. All new everything, including wiring and plumbing. Crawl space was totally revamped with all new joists and subfloor. Refrigerator and stackable washer and dryer included in both units. Separate meters mean the tenant can pay their own utilities. You won't have to fix or repair anything before moving tenants in and start earning income. Set your own rent rates as you move in your first renters. These units will be sure to draw interest as updated and cute as they are. Countertops are even all quartz and beautiful. They are currently vacant so they will be easy to view with an appointment. Not in a flood zone according to FEMA.gov. Ask a lender about buying this property with an FHA loan at 3.5% down and living in one side while renting the other.
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.
Paragould is located in Arkansas. Paragould, Arkansas has a population of 29,327. Paragould is less family-centric than the surrounding county with 26.85% of the households containing married families with children. The county average for households married with children is 27.42%.
The median household income in Paragould, Arkansas is $49,977. The median household income for the surrounding county is $51,367 compared to the national median of $69,021. The median age of people living in Paragould is 35.2 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 27.5 degrees. The average rainfall is approximately 48.7 inches per year, with 4.5 inches of snow per year.
