$260,000
PENDING $15K PRICE DROP

206 & 216 W 5th St Mulberry, AR 72947

Estimated payment $1,513/month

Total Views 3,902
-- Bed
-- Bath
4,474 Sq Ft
$58 Price per Sq Ft

Highlights

  • Deck
  • Brick or Stone Mason
  • Central Heating and Cooling System
  • Covered patio or porch
  • Detached Carport Space
  • Ceiling Fan

About This Home

Wonderful opportunity to live in your own home and have rental income in your own yard! This spacious home is formerly known as the Benham's School Store and has a lot of local history! Suited for multigenerational living if needed, with 4 bedrooms and 3 baths and two living areas and a large kitchen and dining area.
There are storage buildings and covered parking for up to 4 vehicles, sitting on nearly one acre of land.
The brick triplex will provide excellent income featuring three 1 BR/1BA total electric units, making them efficient and low maintenance.
Plus, new roofs were installed in 2024 on both the home and triplex. Priced below appraisal, this is a rare opportunity to own a home with built-in investment possibilities!

Listing Agent

Dianne Schneider

Pat Satterfield Realtors License #EB00050690 Listed on: 04/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 1979

Lot Details

  • 0.98 Acre Lot
  • Level Lot
  • Cleared Lot
  • 760-00517-000

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,474 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • Detached Carport Space
  • Unpaved Driveway

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Marvin Elementary School
  • Mulberry/Pleasant View Middle School
  • Mulberry/Pleasant View High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Fiber Optics Available

Listing and Financial Details

  • Legal Lot and Block Pt. 1 / 9
  • Assessor Parcel Number 760-00516-000

Community Details

Overview

  • 4 Units
  • Hicks Addition Subdivision

Building Details

  • Gross Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,069

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Reso Property Sub Type: Multi Family
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Dryer Hookup
  • ResoLotFeatures: Cleared, Level
  • Road Surface Type: Paved
  • ResoSecurityFeatures: None
  • Co List Office Mls Id: F3050
  • ResoSpecialListingConditions: None
  • Subdivision Name: Hicks addition
  • Directions: I-40 East to Mulberry/Dyer exit #20. Turn right and go to Hwy. 64. Turn left and go appx. 3 miles to Mulberry. Turn right on Alma Ave. and then left at 4-way stop. Property is on the left.
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Vinyl
  • Reso Interior Features: Ceiling Fan(s), Eat-in Kitchen
  • Unit Levels: One
  • Reso Roof: Architectural, Shingle
  • Year Built: 1979
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Stories: 1

Exterior Features

  • Fencing: None
  • Acres: 0.98
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Parking Features: Covered, Detached Carport

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • HeatingYN: Yes
  • Utilities: Electricity Available, Fiber Optic Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Mulberry
  • Ninth Grade High School: Mulberry/Pleasant View
  • Middle Or Junior School: Mulberry/Pleasant View

Lot Info

  • Lot Dimensions: Irregular
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 760-00517-000
  • Parcel #: 760-00516-000

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 1
  • Annual Gross Income: 10800.0

Tax Info

  • Tax Annual Amount: 1069.0
  • Tax Block: 9
  • Tax Lot: Pt. 1

MLS Schools

  • Elementary School: Marvin

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
07/28/2025 07/28/25 Pending -- -- --
05/19/2025 05/19/25 Price Changed $260,000 -5.5% $58 / Sq Ft
04/11/2025 04/11/25 For Sale $275,000 -- $61 / Sq Ft
Source: Western River Valley Board of REALTORS®

Source: Western River Valley Board of REALTORS®

MLS Number: 1080216

Arkansas Franklin County Mulberry 72947

206 & 216 W 5th St, Mulberry, AR

This home is located at 206 & 216 W 5th St, Mulberry, AR 72947 and is currently priced at $260,000, approximately $58 per square foot. This property was built in 1979. 206 & 216 W 5th St is a home located in Franklin County with nearby schools including Marvin Primary School, Pleasant View Junior High School, and Mulberry High School.

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Dianne Schneider
Listing Agent
Dianne Schneider
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Pat Satterfield Realtors
(479) 977-8123