$800,000
$75K PRICE DROP

Estimated payment $4,999/month

Total Views 11,289
-- Bed
-- Bath
4,168 Sq Ft
$192 Price per Sq Ft

Highlights

  • Multiple Garages
  • Contemporary Architecture
  • Level Lot
  • 0.28 Acre Lot
  • Luxury Vinyl Tile Flooring
  • Mini Split Air Conditioners

About This Home

Discover an exceptional investment opportunity in the heart of Rockwater, the metro's most highly sought-after neighborhood. This brand-new 2024-built street-front five-plex offers modern design and premium finishes in a prime location. Each unit is thoughtfully designed for urban living, with contemporary interiors and high-end details. The property boasts 10 dedicated parking spots in the rear, ensuring convenience for residents. Just steps from the Rockwater Marina and Yacht Club, Simmons Bank Arena, the Argenta Arts District, and the upcoming state-of-the-art convention center, this property is positioned for long-term appreciation and strong rental demand. Experience the perfect blend of walkability, lifestyle, and investment potential in one of Central Arkansas' most vibrant communities. **Property Fully Occupied. No Showings Unless Your Offer Is Accepted.**

Listing Agent

Cam Deacon

Moses Tucker Partners Listed on: 03/03/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,974

Year Built

  • Built in 2024

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,168 Sq Ft Home
  • 2-Story Property
  • Luxury Vinyl Tile Flooring

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • Multiple Garages
  • Parking Pad

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump

Community Details

  • 5 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,974

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Contemporary
  • Inside City Limits: Yes
  • LVT Date: 03/03/2025
  • Price Per Sq Ft: 191.94
  • Road Surface: Paved
  • Type: Apartments
  • Zoning: MF
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 2024
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Built: 2024

Interior Features

  • Floors: Luxury Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Garage/Parking: Four Car Or More, Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heating And Air Cond: Mini Split

Lot Info

  • Estimated Lot Size: 0.28
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent One Bedroom: 1375
  • Minimum Rent One Bedroom: 1375
  • Number Of One Bedroom Units: 5
  • Number Units: 5

Tax Info

  • Annual Taxes: 6973.92

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2023 $786 $11,764 $4,000 $7,764
2022 $786 $23,784 $16,020 $7,764
2021 $425 $6,360 $1,120 $5,240
2020 $425 $6,360 $1,120 $5,240
2019 $425 $6,360 $1,120 $5,240
2018 $425 $6,360 $1,120 $5,240
2017 $425 $6,360 $1,120 $5,240
2016 $403 $12,170 $2,000 $10,170
2015 $376 $5,632 $2,000 $3,632
2014 $376 $4,832 $2,000 $2,832
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $800,000 -5.9% $192 / Sq Ft
05/12/2025 05/12/25 Price Changed $850,000 -2.9% $204 / Sq Ft
04/29/2025 04/29/25 For Sale $875,000 0.0% $210 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $875,000 -- $210 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $600,000 New Conventional
Source: Public Records

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25008116

Cooperative Arkansas REALTORS® MLS

APN: 33N-273-00-114-00