Discover a solid investment with this triplex located in a peaceful country setting. It generates $1,500 monthly income, boasting a strong profit margin and a complete occupancy record. Each of the three units features 2 bedrooms and 1 bathroom, with tenants covering all utility costs. Sitting on 3.65 acres, there's ample space to expand and add more units, enhancing its income potential. This property promises immediate cash flow from day one of ownership, supported by its excellent rental history. A straightforward, profitable opportunity for those looking to invest in real estate.
Discover a solid investment with this triplex located in a peaceful country setting. It generates $1,500 monthly income, boasting a strong profit margin and a complete occupancy record. Each of the three units features 2 bedrooms and 1 bathroom, with tenants covering all utility costs. Sitting on 3.65 acres, there's ample space to expand and add more units, enhancing its income potential. This property promises immediate cash flow from day one of ownership, supported by its excellent rental history. A straightforward, profitable opportunity for those looking to invest in real estate.
CARMLS #24032294
Dec 31, 2024
Sold
$75,000
$27/sq ft
Dec 29, 2024
Pending
—
Nov 5, 2024
Price Changed
$89,000
$32/sq ft
Sep 3, 2024
Listed
$95,000
$34/sq ft
NEABOR MLS #10112366
Aug 27, 2024
Price Changed
$95,000
$34/sq ft
Jan 26, 2024
Listed
$100,000
$36/sq ft
Public Records
Oct 8, 2010
Sold
$19,000
$7/sq ft
Public Records
Jun 2, 2000
Sold
$49,000
$17/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$741 (+8.1%)
$450 + $15,800
$16,250
2024
$686 (+8.7%)
$450 + $15,800
$16,250
2023
$631 (−0.8%)
$450 + $15,800
$16,250
2022
$636
$1,100 + $11,640
$12,740
2021
$636 (+26.2%)
$1,100 + $11,640
$12,740
2020
$504
$1,100 + $11,640
$12,740
2019
$504 (+1.1%)
$1,200 + $8,490
$9,690
2018
$498 (+8.7%)
$1,200 + $8,490
$9,690
2017
$458 (+7.1%)
$1,200 + $8,490
$9,690
2016
$428 (+10.0%)
$1,200 + $8,490
$9,690
2015
$389 (−0.1%)
$1,200 + $8,490
$9,690
2014
$389 (−0.4%)
$800 + $6,410
$7,210
2013
$391
$800 + $6,410
$7,210
Tax history for 558 Greene 818
Year
Property tax
Land + Additions
Assessment*
2025
$741 (+8.1%)
$450 + $15,800
$16,250
2024
$686 (+8.7%)
$450 + $15,800
$16,250
2023
$631 (−0.8%)
$450 + $15,800
$16,250
2022
$636
$1,100 + $11,640
$12,740
2021
$636 (+26.2%)
$1,100 + $11,640
$12,740
2020
$504
$1,100 + $11,640
$12,740
2019
$504 (+1.1%)
$1,200 + $8,490
$9,690
2018
$498 (+8.7%)
$1,200 + $8,490
$9,690
2017
$458 (+7.1%)
$1,200 + $8,490
$9,690
2016
$428 (+10.0%)
$1,200 + $8,490
$9,690
2015
$389 (−0.1%)
$1,200 + $8,490
$9,690
2014
$389 (−0.4%)
$800 + $6,410
$7,210
2013
$391
$800 + $6,410
$7,210
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
158,994
Year renovated
—
Sq. Ft.
2,804
Year built
1970
Style
Multi-Family (2-4 Unit)
County
Greene County
APN
0016-21220-001
Parking Spaces
—
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Jan 31, 2026.
Property details
Parking
Parking Information
Garage: Parking Pads
Interior
Room Information
Kitchen Equipment: Built-In Stove
Interior Features
Washer Connection, Dryer Connection (Electric), Hot Water Heater (Electric), Fan (Ceiling), All Units Have Features
Floors: Partial Carpet, Vinyl
Heating & Cooling
Window Units
Exterior
Building Information
Exterior: Stucco
Foundation: Crawl Space
Approx Building Sq. Ft.: 2,804
Exterior Features
Storm Cellar, Patio
Roof: Architectural Shingle
Road Surface: Gravel
Lot Information
Approx Lot Size: 158994
Approx Acreage: 3.65
Source of Acreage: Tax Records
Sq. Ft. Source: Tax Records
Lot Description: Level
Will Subdivide: No
Zoning: County
Financial
Tax Information
Annual Taxes: $636
Tax Year: 2023
Utilities
Utility Information
Utilities: Electric-Municipal
Location
Multi-Unit Information
Tenant Expenses: Electric, Cable
Expenses Included: Insurance, Trash, Water/Sewer
# of Units: 3
# of Units (2 Baths): 3
# of Units (2 Bedroom): 3
Minimum Rent (2 Bedroom): $500
Maximum Rent (2 Bedroom): $600
Unit 1 Information
# of Bedrooms: 2
# of Baths: 1
Unit 2 Information
# of Bedrooms: 2
# of Baths: 1
Unit 3 Information
# of Bedrooms: 2
# of Baths: 1
Location Details
County: Greene
City: Paragould
Subdivision: Country
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,804
Stories: 1.0
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 3.65 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1970
Year Renovated: —
County: Greene County
APN: 0016-21220-001
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Jan 31, 2026
Around this home
Schools
Paragould Primary School
Public PreK-1 • Assigned • 3.4mi
Paragould Junior High School
Public 7-8 • Assigned • 3.9mi
5/10
Paragould High School
Public 9-12 • Assigned • 4.0mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 109° expected this year, 20 days in 30 years
4/10 Wind Factor
8% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Paragould, AR • 72450
Average low and high temperatures (°F)
44
27
54
34
70
47
77
57
77
61
88
71
92
75
88
69
87
65
77
54
63
46
51
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$150,000 – $181,000
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