$375,000
$25K PRICE DROP

Estimated payment $2,241/month

Total Views 5,846
-- Bed
-- Bath
3,501 Sq Ft
$107 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Ceiling Fan
  • Central High School Rated A
  • Central Air
  • Fenced

About This Home

Turnkey investment opportunity in a rapidly revitalizing neighborhood! This charming fourplex has recently undergone significant upgrades and is poised for maximum returns. The property features a mix of two-bedroom and one-bedroom units, each with updated kitchens and bathrooms, individual laundry facilities, and beautiful hardwood floors. Currently, the property is mostly vacant, offering a unique chance for a new owner to implement their own rental strategy or occupy one of the units. The occupied units are underpriced, providing a potential for immediate positive cash flow. Located in an up-and-coming area, this fourplex is ripe for capitalizing on the neighborhood's growth. With its recent upgrades, it presents a compelling opportunity for investors seeking a solid return on investment. Don't miss this chance to own a valuable investment property in a neighborhood on the rise. With its potential for rental income and long-term appreciation, this fourplex is an attractive opportunity for savvy investors.

Listing Agent

Amanda Galbraith

Arkansas Property Management & Real Estate Listed on: 05/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,371

Year Built

  • Built in 1947

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 3,501 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by Arkansas Property Managem

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,371

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • LVT Date: 05/14/2025
  • Price Per Sq Ft: 107.11
  • Road Surface: Paved
  • Third Party Exports: Daily Record, Ehomeshowings
  • Type: Fourplex
  • Warranty: Normal Wrkng Ordr, As O&a
  • Zoning: Residentia
  • Source Of Sq Ft: Tax Records
  • Property Manager: Arkansas Property Managem
  • Estimated Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Interior Features

  • Floors: Tile, Wood
  • Foundation: Slab
  • Stories: Two Story
  • Interior Amenities: Washer-Stays, Dryer-Stays, Hot Water Heater-Electric, Fan - Ceiling
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Free-Standing Stove, Microwave, Refrigerator-Stays

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle
  • Exterior Features: Fully Fenced

Utilities

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

Condo/Co-op/Association

  • Property Manager Phone: 501-851-7771

Lot Info

  • Estimated Lot Size: 0.15
  • Estimated Lot Size: 0.15 acres
  • Lot: Level
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Yearly

Multi Family

  • Annual Expenses: 6700
  • Tenant Expenses: All Utilities
  • Maximum Rent One Bedroom: 1000
  • Maximum Rent Two Bedroom: 1100
  • Minimum Rent One Bedroom: 750
  • Minimum Rent Two Bedroom: 750
  • Number Of One Bathroom Unitss: 2
  • Number Of One Bedroom Units: 2
  • Number Of Two Bathroom Units: 2
  • Number Of Two Bedroom Units: 2
  • Number Units: 4

Tax Info

  • Annual Taxes: 2371

Map

Range of Values:

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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
06/19/2025 06/19/25 Price Changed $375,000 -6.3% $107 / Sq Ft
05/14/2025 05/14/25 For Sale $400,000 0.0% $114 / Sq Ft
03/16/2021 03/16/21 Rented $700 0.0% --
03/11/2021 03/11/21 For Rent $700 0.0% --
04/01/2020 04/01/20 Rented $700 0.0% --
02/11/2020 02/11/20 For Rent $700 0.0% --
11/25/2019 11/25/19 Rented $700 0.0% --
08/23/2019 08/23/19 For Rent $700 0.0% --
04/01/2019 04/01/19 Rented $700 0.0% --
12/11/2018 12/11/18 For Rent $700 -- --
Source: Cooperative Arkansas REALTORS® MLS

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Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25019021

Cooperative Arkansas REALTORS® MLS

APN: 34L-195-00-033-00