$90,000
$60K PRICE DROP

205 S 2nd St Mc Gehee, AR 71654

Estimated payment $529/month

Total Views 4,216
-- Bed
-- Bath
2,359 Sq Ft
$38 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • 1-Story Property
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

Investor Opportunity: Fully Occupied Triplex – Sold As-Is......This triplex offers a solid investment opportunity with steady rental income and a durable metal roof. The property includes a 2-bed, 1-bath unit with HVAC, hardwood floors, and laundry in the kitchen; a 1-bed, 1-bath unit with HVAC, hardwood floors, and laundry in the kitchen; and a studio with a full bath, hardwood floors, window unit, electric wall heater, and laundry. This is a great chance for investors to add value and increase returns.

Listing Agent

Michelle Fakouri

Trademark Real Estate, Inc. Listed on: 03/16/2025

Trademark Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $371

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Triplex
  • Craftsman Architecture
  • Bungalow
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 2,359 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Stove

Utilities

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

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$371

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Bungalow/Cottage, Craftsman
  • LVT Date: 03/16/2025
  • Price Per Sq Ft: 38.15
  • Road Surface: Paved
  • Short Sale: Unknown
  • Street Designation: Street
  • Type: Triplex
  • Zoning: SD 2
  • Source Of Sq Ft: Tax Records
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floors: Wood
  • Stories: One Story
  • Kitchen Equipment: Free-Standing Stove

Exterior Features

  • Exterior: Brick
  • Roof: Metal

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

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

Lot Info

  • Estimated Lot Size: 0.16
  • Estimated Lot Size: 50x140
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: All Utilities
  • Minimum Rent One Bedroom: 350
  • Minimum Rent Two Bedroom: 450
  • Number Of One Bedroom Units: 2
  • Number Of Two Bedroom Units: 1
  • Number Units: 3

Tax Info

  • Annual Taxes: 370.55

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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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
03/27/2025 03/27/25 Price Changed $90,000 -40.0% $38 / Sq Ft
03/16/2025 03/16/25 For Sale $150,000 -- $64 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25010098

Cooperative Arkansas REALTORS® MLS

APN: 005-00437-000