$1,790,000
PENDING

2123 S Blake St Pine Bluff, AR 71603

Estimated payment $10,403/month

Total Views 3,095
-- Bed
-- Bath
21,630 Sq Ft
$83 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Air
  • Level Lot
  • Wood Flooring

About This Home

Seller financing is available, and the loan is assumable, making this an exceptional investment opportunity. The property features a 36-unit apartment complex, 80% remodeled and currently 95% occupied. It also generates additional income through billboard rental. Located in a high-traffic area with excellent visibility, this property offers strong potential for future growth and profitability.

Listing Agent

Benjamin Thomas

Eagle Rock Realty & Property Management Listed on: 11/29/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,833

Year Built

  • Built in 1992

Lot Details

  • 1.74 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 21,630 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Utilities

  • Central Air
  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 36 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,833

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • LVT Date: 11/29/2024
  • Price Per Sq Ft: 82.76
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Apartments
  • Zoning: Commercial
  • Source Of Sq Ft: Tax Records
  • Property Manager: Self Managed
  • Estimated Year Built: 1992
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1992

Interior Features

  • Floors: Tile, Wood
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove, Microwave

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

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

Lot Info

  • Estimated Lot Size: 1.74
  • Estimated Lot Size: 1.74
  • Lot: Level
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Yearly

Multi Family

  • Tenant Expenses: Electric, Gas, Water
  • Maximum Rent One Bedroom: 595
  • Minimum Rent One Bedroom: 595
  • Number Of One Bedroom Units: 36
  • Number Units: 36

Tax Info

  • Annual Taxes: 10833

Map

Range of Values:

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Average Value
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List 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
12/09/2024 12/09/24 Pending -- -- --
11/29/2024 11/29/24 For Sale $1,790,000 +23.0% $83 / Sq Ft
05/09/2022 05/09/22 Sold $1,455,000 -90.9% $67 / Sq Ft
02/02/2022 02/02/22 For Sale $16,000,000 +1354.5% $740 / Sq Ft
10/06/2017 10/06/17 Sold $1,100,000 0.0% $153 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $1,100,000 -- $153 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24043045

Cooperative Arkansas REALTORS® MLS

Arkansas Jefferson County Pine Bluff 71603

2123 S Blake St, Pine Bluff, AR

This home is located at 2123 S Blake St, Pine Bluff, AR 71603 and is currently priced at $1,790,000, approximately $82 per square foot. This property was built in 1992. 2123 S Blake St is a home located in Jefferson County with nearby schools including Edgewood Elementary School, Coleman Elementary School, and L.L. Owen Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Benjamin Thomas
Listing Agent
Benjamin Thomas
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Eagle Rock Realty & Property Management
(870) 306-2109