For sale

$399,900

5605 W Kingshwy, Paragould, AR 72450

--beds

0baths

4,776sqft

$2,527/mo

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Apartment

Built in ----

-- sqft lot

$-- Zestimate^®

$84/sqft

$-- HOA

What's special

Central hvacAll units updated

Investment opportunity in Paragould! Fully occupied 6-plex offering strong income potential. The property includes one 1 bed/1 bath unit and five 2 bed/1 bath units, with 100% occupancy and all units updated. Each apartment features central HVAC, with all HVAC systems replaced within the last 10 years. A new roof was installed in 2022, and Units 2 and 5 were updated in 2023. Owner currently pays all utilities. Rent roll and expenses available upon request. No showings until proof of funds or financing approval is provided. Property is agent owned.

129 days

61

1

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Central, Electric

Cooling

Central Air, Electric, 1 Bedroom Unit(Central Air), 2 Bedroom Unit(Central Air)

Appliances

Included: 1 Bedroom Unit(Range, Refrigerator), 2 Bedroom Unit(Range, Refrigerator)
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Flooring: Ceramic Tile, Vinyl
Windows: Blinds

Interior area

Total structure area: 4,776
Total interior livable area: 4,776 sqft

Property

Parking

Parking features: Common, Paved

Features

Levels: Two

Lot

Size: 8,276 Square Feet
Features: Corner Lot

Details

Parcel number: 100233210015
Zoning: C-1

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Masonry, Wood Siding
Roof: 3-Tab Shingles

Condition

Year built: 0

Utilities & green energy

Electric: PLWC, Shared Meters
Gas: Natural Gas Available
Sewer: City Sewer
Water: Public
Utilities for property: Natural Gas Available

Community & HOA

Location

Region: Paragould

Financial & listing details

Price per square foot: $84/sqft
Tax assessed value: $300,450
Annual tax amount: $2,405
Date on market: 3/19/2026
Lease term: 1 Bedroom Unit(Monthly),2 Bedroom Unit(Monthly)
Total actual rent: 1700

Estimated market value

Not available

Estimated sales range

Not available

$1,488/mo

Price history

Date	Event	Price
3/19/2026	Listed for sale	$399,900+5.3%$84/sqft
Source: Northeast Arkansas BOR #10128369 Report a problem
9/14/2024	Listing removed	$379,900$80/sqft
Source: Northeast Arkansas BOR #10113081 Report a problem
3/6/2024	Listed for sale	$379,900-2.6%$80/sqft
Source: Northeast Arkansas BOR #10113081 Report a problem
2/7/2024	Listing removed	--
Source: Zillow Rentals Report a problem
1/15/2024	Listed for rent	$800
Source: Zillow Rentals Report a problem
10/18/2023	Listing removed	--
Source: Northeast Arkansas BOR #10105394 Report a problem
4/17/2023	Listed for sale	$389,900-4.9%$82/sqft
Source: Northeast Arkansas BOR #10105394 Report a problem
8/2/2022	Listing removed	--
Source: Northeast Arkansas BOR #10096219 Report a problem
5/4/2022	Pending sale	$409,900$86/sqft
Source: Northeast Arkansas BOR #10096219 Report a problem
1/23/2022	Price change	$409,900-1.2%$86/sqft
Source: Northeast Arkansas BOR #10096219 Report a problem
11/8/2021	Listed for sale	$414,900+80.4%$87/sqft
Source: Northeast Arkansas BOR #10096219 Report a problem
9/18/2020	Sold	$230,000+45.7%$48/sqft
Source: CARMLS #20029621 Report a problem
12/1/2017	Sold	$157,900$33/sqft
Source: Public Record Report a problem
12/16/2016	Sold	$157,900+0.6%$33/sqft
Source: Public Record Report a problem
1/30/2013	Sold	$157,000$33/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,406 +9.1%	$52,270 +9.1%
2024	$2,205 +10%	$47,910 +10%
2023	$2,005 +0%	$43,550
2022	$2,004	$43,550
2021	$2,004 +56.4%	$43,550 +56.4%
2020	$1,281	$27,840
2019	$1,281	$27,840
2018	$1,281 +3.1%	$27,840
2017	$1,242 +61.3%	$27,840
2016	$770	$27,840 +76.9%
2015	$770 +9.2%	$15,740
2014	$705	$15,740
2013	$705 +587791.7%	$15,740
2011	$0	$15,740

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 72450

Getting around

13 / 100

Car-Dependent

15 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

NA
Paragould Primary School
Grades: PK-1Distance: 3.1 mi
5/10
Paragould Junior High School
Grades: 7-8Distance: 3 mi
4/10
Paragould High School
Grades: 9-12Distance: 3 mi

Schools provided by the listing agent

Elementary: Greene Cty Tech
Middle: Greene Cty Tech
High: Greene Cty Tech

Source: Northeast Arkansas BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.