$1,468,000
SOLD JUL 10, 2025

1400 S Ithaca Ave Russellville, AR 72801

-- Bed
-- Bath
35,250 Sq Ft
3.56 Acres

Recently Sold

$42 Per Sq Ft

99% Below List Price

9 Days on Market

Highlights

  • Detached Garage
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 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 Agent to Sell the Property

Tony Moore

Moore and Company Realtors - Conway Listed on: 07/01/2025

Last Buyer's Agent

Benton Glass

Brick Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,074

Year Built

  • Built in 1985

Lot Details

  • 3.56 Acre Lot
  • Cleared Lot

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 35,250 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • 48 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,074

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside City Limits: Yes
  • LVT Date: 07/10/2025
  • Price Per Sq Ft: 41.65
  • Road Surface: Paved
  • Type: Apartments
  • Zoning: .
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Floors: Ceramic, Partial Carpet
  • Foundation: Slab
  • Stories: Three Story

Exterior Features

  • Exterior: Brick
  • Roof: Metal

Garage/Parking

  • Garage/Parking: Detached

Utilities

  • Utilities: Water-Public
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 3.56
  • Estimated Lot Size: .
  • Lot: Cleared
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: Cable, Electric
  • Maximum Rent One Bedroom: 300
  • Maximum Rent Two Bedroom: 375
  • Number Of One Bedroom Units: 24
  • Number Of Two Bedroom Units: 24
  • Number Units: 48

Tax Info

  • Annual Taxes: 15074

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 +10118.0% $4,255 / Sq Ft
06/30/2025 06/30/25 Sold $1,468,000 -22.7% $42 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $1,900,000 -- $54 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25027135

Cooperative Arkansas REALTORS® MLS