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Sold on 12/05/2022

1406 E Academy St, Paris, AR 72855

$248,000

Last sold 12/05/2022 for $230K

  • —

    bed

  • —

    bath

  • 4,000

    Sqft ($58/Sqft)

Multi-family not for sale
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About 1406 E Academy St

Property type Multi-family
HOA fee $0/month
Lot size 0.57 Acre
Movoto estimate
Property description
**ATTENTION INVESTORS!!** Total electric tri-plex located in Paris, close to food and shopping! There are (2) approximately 1,000 sq ft 2 bedroom, 1 bath units currently renting for $550/month and (1) approximately 1,500 sq ft 3 bedroom, 1 bath unit renting for $675/month with potential to increase! Tenants pay electric, seller pays water.
Listed by
Listing Agent - The Grinnell Group
Listing Agent Contact: 479-434-3000
Listing Office - Keller Williams Platinum Realty
Source: Western River Valley Board of REALTORS® mls logo
MLS#1056288 • last updated 3 years ago
Movoto checked Western River Valley Board of REALTORS® for data 11 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Central, Electric
Levels/Style One, 1
Virtual Tour N/A
MLS # 1056288
Status Closed
SubType Triplex
SqFt 4000
Lot Size (Acres) 0.569
Property Tax 1656
Interior
Laundry Electric Dryer Hookup
Flooring Carpet, Vinyl
Appliances Electric Water Heater
Exterior
Foundation Slab
Roof Metal
Construction Metal Siding
Parking Assigned, Two Spaces, Asphalt
Lot Features Subdivision
Fencing None
Amenities / Utilities
Water Source Public
Location
Subdivision Eastland Heights
Elementary School Paris
Middle School Paris
Elementary School District Paris
High School District Paris
Middle School District Paris
High School Paris
APN 900-01402-000
Directions From Casey's In Paris, Head East On E Walnut St (Pass By McDonald's On The Left), Turn Right On S Doug St, Then Left Onto E Academy St. The Property Will Be On The Right.
Multifamily Details
Total # of Units 3
Gross Income 21300
Lot/ Land Details
Add'l Parcel(s) 900-01401-000
Road Responsibility Public Maintained Road
$248K
Range: $124K-$372K
Last 30 days 
  • Year Property taxes Tax assessment
  • 2025
    $1,914 +10.0%
    $56,114 +58.96%
  • 2023
    $1,740 +2.5%
    $35,300
  • 2022
    $1,698 -2.4%
    $35,300
  • 2021
    $1,740 +6.5%
    $35,300
  • 2020
    $1,634
    $35,300
  • 1406 E Academy St
    $230K
  • —
  • 72855
    $180K -14% y/y
  • Paris
    $180K -14% y/y
No chart available
Statistics calculated by Movoto

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7/10
Paris Elementary School
public Grades PK, K-4
Paris School District
5/10
Paris Middle School
public Grades 5-8
Paris School District
4/10
Paris High School
public Grades 9-12
Paris School District
Source: GreatSchools.org © 2026. All rights reserved.

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