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Brenda Rhoads
REALTOR®, ABR, GRI, RENE, CPPS, CRS, MMDC, Managing Broker, NAR, SRES
(501) 554-4136
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404 W Matthews, Brookland, AR 72417

$5,790,000
  • 404 W Matthews, Brookland, AR 72417 Main Photo

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Active
BEDS0 BATHS SQUARE FEET29,000 MLS#26022554
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDickson NEIGHBORHOODBrookland

Property 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.

404 W Matthews | MLS# 26022554

This multi-family property located at 404 W Matthews, Brookland, AR 72417 is currently listed for sale with an asking price of $5,790,000. Search Brookland real estate on brendarhoads.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central Heat
Home Style: Traditional
Lot Size: 4.49 Acres
Roof Type: Architectural Shingle
Stories: 1.0
Taxes: $51,073
Year Built: 2024

Amenities

Dryer-Stays
Hot Water Heater-Electric
Smoke Detector
Breakfast Bar
Fan - Ceiling
Patio

Feature Descriptions

Appliance(s)/Kitchen Equipment: Microwave, Electric Range, Dishwasher, Disposal
Days on Site: 26
Expenses Include: Other (see remarks)
Exterior: Brick
Lot Dimensions: 4.49 acre(s)
Number of 3 Bedroom Unit(s): 30
Parking Notes: Garage, One Car
Sewer: Public Sewer
Units: 30
Water: Public Water

Local Schools

High School: Brookland
Middle School: Brookland
Elementary School: Brookland

Listed By / Shown By

Listed By

Agency Name: Halsey Real Estate
Agency Phone: 870-972-9191

Shown By

Agent Name: Brenda Rhoads
Agent Phone: (501) 554-4136
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Arkansas MLS

Estimate Your Payment

Estimated Payment

$ 18,830.86 per month $12,886.03 Principal & Interest $4,256.08 Property Tax $1,688.75 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/01/2026. The listing information on this page last changed on 07/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/01/2026 12:10:05 AM EST) or Arkansas CARMLS (last updated Tue 06/30/2026 11:27:10 PM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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