$415,000
SOLD APR 25, 2025

1600 Brentwood Dr Pine Bluff, AR 71601

Studio
-- Bath
6,206 Sq Ft
0.31 Acres

Recently Sold

$67 Per Sq Ft

13% Below List Price

2 Days on Market

Highlights

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

About This Home

As of April 2025

Value-Add Multi-Family Investment Opportunity! Unlock the potential of this 11-unit apartment complex and 4-unit apartment building, perfect for investors seeking a prime value-add opportunity! 11-Unit Complex Features: 8 units currently rented – Immediate cash flow! 1 vacant unit – Ready for lease or light updates. 2 units needing full remodels – Huge upside potential. 4-Unit Complex: Full renovation needed – Customize to maximize value and rent potential. Located in a desirable rental market, this property is ideal for an investor looking to renovate, increase rents, and boost overall returns. With strong rental demand and room for improvement, this is a rare chance to add significant value to a multifamily portfolio. Don't miss out on this high-potential investment! Contact us today for financials and a private showing.

Last Agent to Sell the Property

Paul Brown

Re/Max Platinum Listed on: 02/12/2025

Re/Max Platinum

Last Buyer's Agent

Paul Brown

Re/Max Platinum Listed on: 02/12/2025

Re/Max Platinum

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1968

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 6,206 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Stove

Utilities

  • Central Heating and Cooling System

Community Details

  • 11 Units

Listing and Financial Details

  • Assessor Parcel Number 930-06289-000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,403

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 02/12/2025
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Apartments
  • Zoning: Commercial
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Floors: Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove, Refrigerator-Stays

Exterior Features

  • Exterior: Brick
  • Roof: Flat

Utilities

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

Lot Info

  • Estimated Lot Size: 0.31
  • Estimated Lot Size: 13460
  • Lot: Level
  • Geo Subdivision: AR
  • Parcel Number: 930-06289-000

Multi Family

  • Tenant Expenses: Electric, Cable
  • Maximum Rent One Bedroom: 525
  • Maximum Rent Three Bedroom: 650
  • Maximum Rent Two Bedroom: 650
  • Minimum Rent One Bedroom: 525
  • Minimum Rent Three Bedroom: 650
  • Minimum Rent Two Bedroom: 475
  • Number Of One Bedroom Units: 2
  • Number Of Three Bedroom Units: 2
  • Number Of Two Bedroom Units: 7
  • Number Units: 11

Tax Info

  • Annual Taxes: 2403.12
  • Year: 2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $415,000 -12.6% $67 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $475,000 -- $77 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

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 $2,717 $40,370 $2,960 $37,410
2024 $2,622 $40,370 $2,960 $37,410
2023 $2,403 $40,370 $2,960 $37,410
2022 $1,990 $32,460 $2,690 $29,770
2021 $1,990 $32,460 $2,690 $29,770
2020 $1,990 $32,460 $2,690 $29,770
2019 $1,990 $32,460 $2,690 $29,770
2018 $1,990 $32,460 $2,690 $29,770
2017 $2,175 $35,480 $4,040 $31,440
2016 $2,175 $35,480 $4,040 $31,440
2015 $2,069 $35,480 $4,040 $31,440
2014 -- $35,480 $4,040 $31,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25005747

Cooperative Arkansas REALTORS® MLS