$550,000

109 2nd Ave SW Gravette, AR 72736

Estimated payment $3,298/month

Total Views 3,235
-- Bed
-- Bath
2,834 Sq Ft
$194 Price per Sq Ft

Highlights

  • Double Pane Windows
  • Shops
  • Central Heating and Cooling System
  • Gravette Middle School Rated A-
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

Excellent investment opportunity with a newer fully rented 4 plex in downtown Gravette. Great rental history and professionally managed, these nicely appointed units feature affordable living in close proximity of all that the Gravette business district has to offer.

Last Listed By

The Limbird Team

Limbird Real Estate Group Brokerage Phone: 855-755-7653 Listed on: 04/10/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 2009

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property
  • Cleared Lot

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,834 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 1

Community Details

Overview

  • 4 Units
  • Karr & Powell Add Gravette Subdivision

Additional Features

  • Shops
  • Gross Income $41,280

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,700

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: Irr
  • Road Frontage Type: Public Road
  • Subdivision Name: Karr & Powell Add Gravette
  • Directions: Traveling E on Main st turn right onto 3rd Ave SW then left onto Birmingham St SW
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2009
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Apartment,Multi Family
  • Attribution Contact: 855-755-7653
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2009

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Living Area: 2834.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Fenced, Partial
  • Lot Features: Central Business District, Cleared
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 41280.0

Tax Info

  • Tax Annual Amount: 2700.0
  • Tax Block: 1
  • Tax Lot: 8

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 For Sale $550,000 0.0% $194 / Sq Ft
08/09/2024 08/09/24 Rented $765 0.0% --
06/17/2024 06/17/24 Under Contract -- -- --
06/10/2024 06/10/24 For Rent $765 -12.6% --
05/19/2021 05/19/21 For Rent $875 0.0% --
05/19/2021 05/19/21 Rented $875 0.0% --
12/05/2017 12/05/17 Sold $4,000 -60.0% $7 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
02/25/2016 02/25/16 For Sale $10,000 +300.0% $17 / Sq Ft
02/24/2016 02/24/16 Sold $2,500 -58.3% $4 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
09/23/2015 09/23/15 For Sale $6,000 -- $10 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1304146

Northwest Arkansas Board of REALTORS®

Arkansas Benton County Gravette 72736

109 2nd Ave SW, Gravette, AR

This home is located at 109 2nd Ave SW, Gravette, AR 72736 and is currently priced at $550,000, approximately $194 per square foot. This property was built in 2009. 109 2nd Ave SW is a home located in Benton County with nearby schools including Glenn Duffy Elementary School, Gravette Upper Elementary School, and Gravette Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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Listing Agent
The Limbird Team
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Limbird Real Estate Group
(844) 955-7368