NOT LISTED FOR SALE

1200 Roosevelt St Malvern, AR 72104

Studio
-- Bath
10,440 Sq Ft
2005 Built

Last Sold March 03, 2025

Last sale price $880,000 $84 Per Sq Ft

77 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Ceiling Fan
  • Traditional Architecture
  • Central Heating and Cooling System
  • Carpet

About This Home

As of March 2025

Seize this fantastic investment opportunity with these four triplex apartments located close to Malvern High School and only a short drive to downtown shopping and restaurants. This property consists of a total of 12 units, each thoughtfully designed with modern amenities and a focus on comfortable living. This unique opportunity to own multiple triplex apartments with excellent rental history is not to be missed. Please do not disturb tenants.

Last Agent to Sell the Property

Jwan Baughn

Exp Realty Listed on: 11/12/2024

Exp Realty

Last Buyer's Agent

Laura Osborne

Prime Realty and Property Management

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 2005

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 10,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,000

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 11/21/2024
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Apartments
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: Commercial
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2005

Interior Features

  • Floors: Partial Carpet, Laminate
  • Foundation: Slab
  • Stories: Two Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Fan - Ceiling
  • Kitchen Equipment: Built-In Stove, Electric Range, Dishwasher, Refrigerator-Stays

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition
  • Exterior Features: Dumpster, Deck

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Water-Public, Electric-Municipal, Tv-Cable, Telephone-Private
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 75x145
  • Lot: Level, Corner Lot, In Subdivision

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent Two Bedroom: 900
  • Minimum Rent Two Bedroom: 850
  • Number Of Two Bedroom Units: 12
  • Number Units: 4

Tax Info

  • Annual Taxes: 6000

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2025 03/03/25 Sold $880,000 -1.5% $84 / Sq Ft
01/25/2025 01/25/25 For Sale $893,806 +1.6% $86 / Sq Ft
01/14/2025 01/14/25 Off Market $880,000 -- --
12/20/2024 12/20/24 Price Changed $893,806 -10.6% $86 / Sq Ft
12/13/2024 12/13/24 Price Changed $999,999 -16.7% $96 / Sq Ft
11/12/2024 11/12/24 For Sale $1,200,000 +153.7% $115 / Sq Ft
04/09/2018 04/09/18 Sold $473,000 -9.0% $45 / Sq Ft View Prior Sale
04/04/2018 04/04/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $520,000 -- $50 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,946 $34,350 $1,195 $33,155
2024 $1,946 $34,350 $1,195 $33,155
2023 $1,946 $34,350 $1,195 $33,155
2022 $1,946 $34,350 $1,195 $33,155
2021 $1,946 $34,350 $1,195 $33,155
2020 $2,046 $36,130 $1,195 $34,935
2019 $2,046 $36,130 $1,195 $34,935
2018 $2,046 $36,130 $1,195 $34,935
2017 $2,046 $36,130 $1,195 $34,935
2016 $1,920 $36,130 $1,195 $34,935
2015 $2,455 $46,185 $1,960 $44,225
2014 $2,455 $46,185 $1,960 $44,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24042368

Cooperative Arkansas REALTORS® MLS

APN: 700-04708-000