$750,000

Estimated payment $4,417/month

Total Views 101
Studio
-- Bath
5,187 Sq Ft
$145 Price per Sq Ft

Highlights

  • Very Popular Property
  • Craftsman Architecture
  • Forced Air Zoned Heating and Cooling System
  • Conway Junior High School Rated A-
  • Porch
  • Wood Fence

About This Home

Income-producing multi-family property in the heart of Conway! Could utilize space as approximately eight apartments. This unique investment opportunity features multiple residential units totaling approximately 5,187 square feet on a 0.32-acre lot. Conveniently located near downtown Conway, the University of Central Arkansas, shopping, dining, and major employment centers, this property offers strong rental demand and excellent cash-flow potential. The versatile floor plan provides multiple living spaces, ample parking, and the flexibility for long-term rentals, student housing, or workforce housing. Bathtubs are currently sheet rocked over due to use as a daycare. Owner is willing to uncover and put back to full bathrooms. Could be used for office space as well. Historic character combined with investment potential makes this an excellent addition to any real estate portfolio. In years past is was a Fraternity house and most recently a daycare. Whether you’re a seasoned investor or looking to expand your rental holdings, this property offers a rare opportunity in one of Central Arkansas’s most desirable rental markets.

Listing Agent

Jennifer Williams

Century 21 United Listed on: 06/17/2026

Century 21 United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,480

Year Built

  • Built in 1938

Lot Details

  • 13,939 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 5,187 Sq Ft Home
  • 3-Story Property
  • Sheet Rock Walls or Ceilings
  • Wood Burning Fireplace
  • Insulated Windows
  • Insulated Doors
  • Laminate Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Stove
  • Recirculated Exhaust Fan
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Outdoor Features

  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 8 Units
  • Manager's Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,480

Year Built

Built in 1938

Lot Details

0.32 Acres

Listing Details

  • Class: Multi-Family
  • Style: Craftsman
  • Inside City Limits: Yes
  • LVT Date: 06/17/2026
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Fourplex
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: Multi Fami
  • Source Of Sq Ft: Appraisal, Tax Records
  • Estimated Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Interior Features

  • Floors: Laminate
  • Foundation: Crawl Space
  • Stories: Three Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Smoke Detector, Fireplace - Woodburning
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Built-In Stove, Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Exhaust Fan

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Architectural Shingle
  • Exterior Features: Fully Fenced, Porch, Wood Fence

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: All Underground, Electric-Municipal, Gas-Natural, Sewer-Public, Tv-Cable, Water-Public
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Gas, Zoned Units

Lot Info

  • Estimated Lot Size: 0.32
  • Estimated Lot Size: 13,939
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Multi Family

  • Tenant Expenses: All Utilities
  • Number Units: 8

Tax Info

  • Annual Taxes: 4479.62

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,480 $121,890 $6,250 $115,640
2024 $4,106 $121,890 $6,250 $115,640
2023 $3,733 $73,770 $6,250 $67,520
2022 $3,527 $73,770 $6,250 $67,520
2021 $3,233 $73,770 $6,250 $67,520
2020 $2,939 $58,090 $6,250 $51,840
2019 $2,939 $58,090 $6,250 $51,840
2018 $2,939 $58,090 $6,250 $51,840
2017 $2,939 $58,090 $6,250 $51,840
2016 $2,939 $58,090 $6,250 $51,840
2015 $2,966 $58,610 $6,250 $52,360
2014 $2,966 $58,610 $6,250 $52,360
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2026 06/17/26 For Sale $750,000 -- $145 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 26024396

Cooperative Arkansas REALTORS® MLS
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