$105,000

124 W College Ave Unit A & B Monticello, AR 71655

Estimated payment $598/month

-- Bed
-- Bath
420 Sq Ft
$250 Price per Sq Ft

About This Home

Great investment opportunity in the heart of town! This property includes two separate 1BR/1BA tiny homes, each designed for low-maintenance living and steady rental income. Both units are currently tenant-occupied, providing immediate cash flow. Convenient in-town location and an easy, hands-off setup for any investor.

Listing Agent

Michelle Fakouri

Trademark Real Estate, Inc. License #SA00096783 Listed on: 11/14/2025

Trademark Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $530

Year Built

  • Built in 2018

Lot Details

  • 8,712 Sq Ft Lot

Community Details

  • 2 Units
  • 420 Sq Ft Building
  • Monticello Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$530

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Pkg-Single Family
  • Subdivision: Monticello
  • Directions: Driving south on US-425, turn left onto W Gaines St, turn right onto N Hyatt St, turn left onto W College Ave
  • Geo Longitude: -91.792616
  • OFFICELIST_STATE: AR
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2018

Interior Features

  • Estimated Year Built: 2018

Utilities

  • Utilities: Electric-Entergy, Water-Public

Schools

  • School District: Monticello

Lot Info

  • Estimated Lot Size: 0.2
  • Geo Subdivision: AR

Tax Info

  • Estimated Annual Taxes: 530.4

Multi Family

  • 1br Minimum Rent: 400
  • 1br Number Of Units: 2
  • Number Units: 2
  • Tenant Expenses: All Utilities

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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

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 $530 $10,640 $960 $9,680
2024 $516 $10,640 $960 $9,680
2023 $509 $10,640 $960 $9,680
2022 $472 $10,640 $960 $9,680
2021 $433 $10,640 $960 $9,680
2020 $393 $8,230 $1,130 $7,100
2019 $393 $8,230 $1,130 $7,100
2018 $54 $1,130 $1,130 $0
2017 $54 $1,130 $1,130 $0
2016 $54 $1,130 $1,130 $0
2015 $54 $1,130 $1,130 $0
2014 $54 $1,130 $1,130 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 For Sale $105,000 -- $250 / Sq Ft
Source: Hot Springs Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,000 Drew Cnty Abstract And Title
Warranty Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Source: Hot Springs Board of REALTORS®

MLS Number: 153270

Hot Springs Board of REALTORS®

APN: 703-00897-000