$1,500,000
SOLD JUN 30, 2025

1400 S Ithaca Ave Russellville, AR 72801

-- Bed
48 Baths
35,250 Sq Ft
3.56 Acres

Recently Sold

$43 Per Sq Ft

21% Below List Price

14 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating
  • Russellville Middle School Rated A-

About This Home

As of July 2025

48 Units (24) 1 bedroom (24) 2 bedroom units located on more than 3 acres in Russellville, Many updates along the their well constructed life including some metal roofs, carpet, appliances, HVAC units, etc. Approximately 5% vacancy and central location make a great way to diversify your portfolio. On-site laundry room with coin operated machines and office that has storage and a file room plus a 1/2 bath. Please see details in documents.

Last Buyer's Agent

Non MLS

Non MLS Sales

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,074

Year Built

  • Built in 1985

Home Design

  • 35,250 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof

Flooring

  • Carpet
  • Ceramic Tile

Additional Features

  • 48 Full Bathrooms
  • 3.56 Acre Lot
  • Outside City Limits
  • Central Heating

Community Details

  • No Home Owners Association
  • Association fees include ground maintenance, maintenance structure, trash

Listing and Financial Details

  • Tenant pays for cable TV, electricity

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,074

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 3.56
  • Lot Size: 3.56 acres
  • Road Frontage Type: Public Road
  • Subdivision Name: Other Subdivision
  • Directions: From S Knoxville turn right onto E 12th St (before Family Dollar) turn left onto S Ithaca property is at the end.
  • Year Built Details: 25 Years or older
  • Year Built: 1985
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: None
  • Year Built: 1985

Interior Features

  • Basement YN: No
  • Full Bathrooms: 48
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 35250.0

Exterior Features

  • Lot Features: Outside City Limits
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Good Condition
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Security: Smoke Detector(s)
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly
  • Association: No

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash

Schools

  • Junior High Dist: Russellville

Lot Info

  • Zoning: R2

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 15074.0

Range of Values:

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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
07/10/2025 07/10/25 Sold $1,468,000 -99.0% $42 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $150,000,000 +9900.0% $4,255 / Sq Ft
06/30/2025 06/30/25 Sold $1,500,000 -21.1% $43 / Sq Ft
03/31/2025 03/31/25 Off Market $1,900,000 -- --
05/21/2024 05/21/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $1,900,000 -- $54 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: AV24-849

Northwest Arkansas Board of REALTORS®