1209 Olive St Scranton, AR 72863
Estimated payment $1,627/month
Highlights
- Contemporary Architecture
- Porch
- Picnic Area
- Corner Lot
- Community Playground
- Brick Flooring
About This Home
Great income-producing opportunity! Low-maintenance all-electric brick 4-plex built in 2003 featuring four 2BR/1BA units with a newer roof and 2 newer HVAC units. Current rents are $700, $550, $500, and $600 with 3 units below market due to long-term tenants, offering excellent upside potential for increased cash flow. All appliances convey including ranges, refrigerators, dishwashers, and washers/dryers except for one washer. Stable rental history, low operating expenses, and strong investment potential make this a great addition to any portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,608
Year Built
- Built in 2003
Lot Details
- 20,909 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- Quadruplex
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
- Architectural Shingle Roof
Interior Spaces
- 3,016 Sq Ft Home
- 1-Story Property
- Sheet Rock Walls or Ceilings
- Ceiling Fan
- Insulated Windows
Kitchen
- Electric Range
- Dishwasher
Flooring
- Brick
- Carpet
- Tile
Laundry
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Central Heating and Cooling System
- Co-Op Electric
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 130-00051-000
Community Details
Recreation
- Community Playground
Additional Features
- 4 Units
- Picnic Area
Map
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 | $1,608 | $41,093 | $1,152 | $39,941 |
| 2024 | $1,463 | $30,840 | $1,150 | $29,690 |
| 2023 | $1,462 | $30,840 | $1,150 | $29,690 |
| 2022 | $1,462 | $30,840 | $1,150 | $29,690 |
| 2021 | $1,462 | $30,840 | $1,150 | $29,690 |
| 2020 | $1,438 | $30,840 | $1,150 | $29,690 |
| 2019 | $1,438 | $27,570 | $1,150 | $26,420 |
| 2018 | $1,307 | $27,570 | $1,150 | $26,420 |
| 2017 | $1,307 | $27,570 | $1,150 | $26,420 |
| 2016 | $1,307 | $27,570 | $1,150 | $26,420 |
| 2015 | -- | $30,490 | $480 | $30,010 |
| 2014 | -- | $30,490 | $480 | $30,010 |
| 2013 | -- | $30,490 | $480 | $30,010 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2026 05/18/26 | For Sale | $279,900 | -- | $93 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 26020329
APN: 130-00051-000
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Ask me questions while you tour the home.