$225,000
$34K PRICE DROP

1520 S Main St Malvern, AR 72104

Estimated payment $1,248/month

Total Views 48,154
6 Beds
3 Baths
2,892 Sq Ft
$78 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Luxury Vinyl Tile Flooring

About This Home

Property consists of one, 2-story duplex and 1 separate house, all on one property: • Duplex (2 units - 1 upstairs, 1 downstairs): each unit - 960 sq. Feet (1,920 square feet total). • House: 972 sq. Feet. (The square footage on county records is wrong.) • Total square feet, 3 units: 2,892 square feet This property has a $3,000 or more per month income potential (3 units) and all units are newly remodeled and rent ready. Perfect for an owner who wants to either rent all 3 units or live in the separate house and rent the duplex units to pay expenses. Duplex: Each unit (2) is 2 bed/1 bath, central heat (gas)/window ACs. Both units newly remodeled - all new paint, cabinets, flooring, cookstoves (1 gas/1 electric), refrigerators and islands. All stay. Washer/dryer hookups in both units. House: 2 bed/1 bath, electric heat and ac unit downstairs (similar to mini split unit). Upstairs has new electric baseboard heaters and window ACs. Newly remodeled. New paint, flooring, refrigerator & cookstove. All stay. All electric. Metal roof. Washer/dryer hookups. Agents See Remarks

Listing Agent

Kim Byrd

Crye*Leike Pro Elite Realty Listed on: 09/09/2025

Crye*Leike Pro Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $756

Year Built

  • Built in 1980

Lot Details

  • 0.4 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2,892 Sq Ft Home
  • 2-Story Property
  • Luxury Vinyl Tile Flooring
  • Crawl Space

Kitchen

  • Gas Range
  • Stove

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 700-04556-001 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$756

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 09/09/2025
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Triplex
  • Zoning: C4 per map
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Floors: Luxury Vinyl
  • Foundation: Crawl Space, Slab
  • Stories: One Story, Two Story
  • Kitchen Equipment: Free-Standing Stove, Gas Range, Electric Range

Exterior Features

  • Exterior: Frame, Metal/Vinyl Siding
  • Roof: Metal

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Electric-Municipal, Gas-Natural, Sewer-Public, Water-Public
  • Heating And Air Cond: Central Cool-Electric, Window Units, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.4
  • Estimated Lot Size: 5904
  • Lot: Level
  • Geo Subdivision: AR
  • Parcel Number: 700-04556-001 01

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent Two Bedroom: 800
  • Minimum Rent Two Bedroom: 800
  • Number Of Two Bedroom Units: 3
  • Number Units: 3

Tax Info

  • Annual Taxes: 756.43
  • Year: 2023

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List 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 $756 $13,355 $530 $12,825
2024 $756 $13,355 $530 $12,825
2023 $756 $13,355 $530 $12,825
2022 $756 $13,355 $530 $12,825
2021 $735 $13,355 $530 $12,825
2020 $668 $11,795 $900 $10,895
2019 $668 $11,795 $900 $10,895
2018 $668 $11,795 $900 $10,895
2017 $668 $11,795 $900 $10,895
2016 $627 $11,795 $900 $10,895
2015 $833 $15,675 $810 $14,865
2014 $776 $14,600 $810 $13,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 Price Changed $225,000 -13.1% $78 / Sq Ft
09/09/2025 09/09/25 For Sale $259,000 -- $90 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $34,000 --
Warranty Deed $30,000 --
Warranty Deed -- --
Source: Public Records

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25036163

Cooperative Arkansas REALTORS® MLS

APN: 700-04556-001