$895,000

215 Ross Ave West Memphis, AR 72301

Estimated payment $5,178/month

Total Views 68
-- Bed
-- Bath
18,848 Sq Ft
$47 Price per Sq Ft

Highlights

  • No HOA
  • Double Pane Windows
  • No Heating

About This Home

Prime investment opportunity in West Memphis-16 unit Apts. Discover an exceptional Value-add opportunity located at Park& Ross in West Memphis, Arkansas This property features two 8-unit buildings for a total of 16 units ,ideally positioned for a full renovation project. The exterior renovations have been done ,offering a solid head start for investors -Interiors are ready for transformation-perfect for converting into modern upscale luxury rentals or high end multi family housing, with the growing demand for quality units in the area ,this project is teed up for the right buyer to bring their vision to life -Whether you are a seasoned developer or looking to enter high growth market ,this property provides the rare combination of location, structure, ,and opportunity ..Bring your plans, elevate the finish and unlock for full potential of this investment.

Listing Agent

Karen Carter

Carter Realty Company Brokerage Phone: 8707331600 License #PB00038590 Listed on: 11/13/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,528

Year Built

  • Built in 1950

Lot Details

  • 0.81 Acre Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 18,848 Sq Ft Home
  • Double Pane Windows
  • Basement

Schools

  • Bragg Elementary School
  • West Middle School
  • West Memphis High School

Utilities

  • No Cooling
  • No Heating
  • Gas Available

Community Details

  • No Home Owners Association
  • 16 Units
  • Lyndon Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 37302000000

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,528

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Apartment Complex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.81
  • Lot Size: .81 acres
  • Subdivision Name: Lyndon
  • New Construction: No
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Appliances: Other Water Heater
  • Owner Pays: None
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Living Area: 18848
  • Window Features: Double Pane Windows

Exterior Features

  • Home Warranty: Yes
  • Construction Type: Brick
  • Foundation Details: Block
  • Roof: Architectural

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: Available

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Bragg
  • High School: West Memphis
  • Middle Or Junior School: West

Lot Info

  • Lot Size Sq Ft: 35283.6
  • Farm Land Area Units: Square Feet
  • Parcel #: 37302000000

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 5528
  • Tax Year: 2024

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 List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $895,000 -- $47 / Sq Ft
Source: Eastern Arkansas REALTORS® Association

Source: Eastern Arkansas REALTORS® Association

MLS Number: 43951

Arkansas Crittenden County West Memphis 72301

215 Ross Ave, West Memphis, AR

For Sale

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Karen Carter
Listing Agent
Karen Carter
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Carter Realty Company
(870) 403-5408