USAARBrooklandMetes &Amp; Bounds404 W Matthews St

404 W Matthews St, Brookland, AR

Name: 404 W Matthews St, For Sale in Brookland - eXp Realty
Brand: Halsey Real Estate
SKU: 10125944
Price: 5799000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$5,799,000

000

MLS® 10125944

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 27000 sqft

Garage No

Taxes

Days Active 84

Lot Size 4.49 acres

Approx. Age 0

Avg. Price Per Sqft $214

MLS® Number 10125944

Property Address: 404 W Matthews St, Brookland, AR, 72417-8008

Average square foot calculated using Size range provided by listing agent.

Description

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. The city boasts a diverse economy encompassing healthcare, education, manufacturing, and retail sectors. The completion of the NEA Baptist Memorial Hospital and recent expansion of St. Bernards Medical Center reflects the city's commitment to healthcare infrastructure. Other major developments include ongoing expansions at ASU, Greensborough Village, Downtown Jonesboro, The Promenade at Reedmont, Southern Hills, Craighead Forest Park, Jonesboro Industrial Park, and Craighead Technology Park. Paragould, located north of Brookland, is another vital economic contributor to the region. With companies like E.C. Barton & Company and Greene County Tech School District among its top employers, Paragould sustains a robust industrial and educational base. The city's economy benefits from its strategic location along major transportation routes and its proximity to Jonesboro.

MLS® Number10125944

Laundry LevelDryer Provided, Washer Provided

Central VacNo

FireplaceNo

Acreage4.49

Exterior

GarageNo

Approx. Age0

Basement

Driveway2 Spaces/Unit, Garage Door Opener

Garage Spaces0

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Nov 13, 2025List Date

$5,799,000List Price

Commute

Commute

Starting Address

Destination Address

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