$300,000
SOLD JUN 12, 2025

426 E Velma Ave Springdale, AR 72764

-- Bed
-- Bath
2,512 Sq Ft
2,801 Sq Ft Lot

Recently Sold

$119 Per Sq Ft

14% Below List Price

6 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of June 2025

Great investment opportunity in Springdale! This triplex on a corner lot has three 2 bed, 1 bath units. Each unit is separately metered with tenants paying all utilities. These are fully occupied with consistent rental income. Properties like this don’t come on the market often. Please do not disturb tenants. Showings available after an accepted offer.

Last Agent to Sell the Property

John Cogar

Equity Partners Realty Brokerage Phone: 479-750-9500 License #SA00056789 Listed on: 05/27/2025

Last Buyer's Agent

Daniel Rosales

Fathom Realty License #SA00083245

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1987

Lot Details

  • 2,801 Sq Ft Lot
  • Corner Lot

Parking

  • Assigned Parking

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,512 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 31 / 6

Community Details

Overview

  • 3 Units
  • Hayes First Add Subdivision

Building Details

  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,954

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.0643
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Hayes First Add
  • Directions: From Crossover Road turn West on Hwy 412/Robinson Ave, turn North on Powell Street, turn West on Velma Ave. Triplex is on the Northwest corner of Velma Ave and Hill Street.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1987
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: 479-750-9500
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Basement YN: No
  • Flooring: Carpet, Laminate
  • Living Area: 2512.0

Exterior Features

  • Fencing: None
  • Lot Features: Central Business District, Corner Lot, City Lot
  • Disclosures: Seller Disclosure
  • Construction Type: Other, See Remarks, Wood Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Assigned, Other, See Remarks

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools
  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Springdale

Lot Info

  • Additional Parcels Description: 815-22420-000

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 27000.0

Tax Info

  • Tax Annual Amount: 1954.0
  • Tax Block: 6
  • Tax Lot: 31

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/12/2025 06/12/25 Sold $300,000 -14.3% $119 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $350,000 -- $139 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Cogar

    Seller's Agent in 2025

    John Cogar

    Equity Partners Realty

    (479) 530-0208

    11 in this area

    120 Total Sales

    John Cogar
    Section Image

  • D

    Buyer's Agent in 2025

    Daniel Rosales

    Fathom Realty

    (479) 283-6964

    68 in this area

    145 Total Sales

    Daniel Rosales
    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1309287

Northwest Arkansas Board of REALTORS®
Arkansas Washington County Springdale 72764

426 E Velma Ave, Springdale, AR

This home is located at 426 E Velma Ave, Springdale, AR 72764 and is currently priced at $300,000, approximately $119 per square foot. This property was built in 1987. 426 E Velma Ave is a home located in Washington County with nearby schools including Jones Elementary School, J. O. Kelly Middle School, and George Junior High 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.

Northwest Arkansas Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

Nearby Homes