$2,200,000

19 Law 434 Walnut Ridge, AR 72476

Estimated payment $12,200/month

Total Views 408
-- Bed
-- Bath
5,053 Sq Ft
$435 Price per Sq Ft

Highlights

  • 1 Acre Lot
  • Cooling Available
  • 1-Story Property
  • Traditional Architecture
  • Painted or Stained Flooring
  • Ceiling Fan

About This Home

Welcome to your investment opportunity in Walnut Ridge, Arkansas! This multi-family property offers a total of 24 units, conveniently divided into 4 sets of 6 units each, providing a lucrative rental income potential. Each unit features 2 bedrooms and 1 bathroom, perfect for accommodating tenants seeking comfortable and practical living spaces. The first set of 12 units, constructed just 8 years ago, boasts modern amenities and stylish finishes. With an ample size of 825 square feet per unit, these residences offer spacious layouts, complemented by elegant granite countertops in the kitchen. Moving on to the second set of 12 units, which are a mere 6 years old, tenants will enjoy a slightly larger living space, spanning 840 square feet per unit. These units offer contemporary designs and efficient layouts, catering to the needs of modern renters. Investors will appreciate the low maintenance aspect of these newer properties, allowing for a hassle-free ownership experience. Located in the charming community of Walnut Ridge, this multi-family property presents an attractive opportunity to capitalize on the growing demand for rental housing in the area. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising venture, this property offers the ideal combination of quality, convenience, and potential for long-term returns. Don't miss out on this chance to secure your foothold in the thriving rental market of Walnut Ridge, Arkansas. Schedule your viewing today!

Listing Agent

Blake Snow

Live Oak Real Estate License #00079875 Listed on: 09/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,676

Lot Details

  • 1 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5,053 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Painted or Stained Flooring

Schools

  • Walnut Ridge Elementary And Middle School
  • Walnut Ridge High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 24 Units

Listing and Financial Details

  • Assessor Parcel Number 850-02467-000-C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,676

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Property Sub Type: Apartments
  • Style: Traditional
  • Builder Owned: No
  • Legal Description: PT NE NE
  • Levels: One Level
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s), Climate Control
  • Floors: Acid Stain
  • Price Per Square Foot: 435.38
  • Square Footage: 5053.0

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Flood Zone: Unknown
  • Roof: Architectural Shingle
  • Exterior Amenities: Paved Streets

Utilities

  • Cooling Features: Electric
  • Heat Features: Electric
  • Sewer Septic: City Sewer
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Walnut Ridge
  • Middle School: Walnut Ridge
  • High School: Walnut Ridge

Lot Info

  • Acres: 1.0000
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 43560.00
  • Price Per Acre: 2200000.00
  • Lot Description: Level

Tax Info

  • Year: 2023
  • Taxes: 3676.00
  • Assessor Parcel Number: 850-02467-000-C

Multi Family

  • Number of 2 Bedroom Units: 24
  • Number Of Units: 24

MLS Schools

  • Elementary School: Walnut Ridge
  • HighSchool: Walnut Ridge
  • Jr High School: Walnut Ridge

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
09/02/2025 09/02/25 For Sale $2,200,000 -- $435 / Sq Ft
Source: Northeast Arkansas Board of REALTORS®

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10124360

Northeast Arkansas Board of REALTORS®