575 5th Ave Conway, AR 72032
East Conway NeighborhoodEstimated payment $17,859/month
Highlights
- 2.45 Acre Lot
- Traditional Architecture
- 1-Story Property
- Conway Junior High School Rated A-
- Tile Flooring
- 5-minute walk to Airport Park
About This Home
Excellent investment opportunity in a prime Conway location! This 15-unit multifamily property features spacious 2-bedroom, 2-bath units, each with its own attached single garage space. The property has been recently remodeled, including new roofs and modern updates throughout. A separate storage building is also located on-site, providing additional functionality and potential income options. With consistent rental demand and strong tenant appeal, this property offers a great opportunity for both seasoned investors and those looking to expand their portfolio.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1996
Lot Details
- 2.45 Acre Lot
- Level Lot
Parking
- Garage
Home Design
- Triplex
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Architectural Shingle Roof
Interior Spaces
- 1,968 Sq Ft Home
- 1-Story Property
Kitchen
- Stove
- Dishwasher
Flooring
- Tile
- Vinyl
Utilities
- Central Air
Community Details
- 15 Units
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $14,712 | $357,210 | $32,020 | $325,190 |
| 2024 | $13,486 | $357,210 | $32,020 | $325,190 |
| 2023 | $12,260 | $243,260 | $32,020 | $211,240 |
| 2022 | $11,317 | $243,260 | $32,020 | $211,240 |
| 2021 | $10,374 | $243,260 | $32,020 | $211,240 |
| 2020 | $9,431 | $186,380 | $32,020 | $154,360 |
| 2019 | $9,431 | $186,380 | $32,020 | $154,360 |
| 2018 | $9,431 | $186,380 | $32,020 | $154,360 |
| 2017 | $10,152 | $250,620 | $32,020 | $218,600 |
| 2016 | $9,306 | $183,920 | $32,020 | $151,900 |
| 2015 | $8,460 | $167,200 | $32,040 | $135,160 |
| 2014 | $8,460 | $167,200 | $32,040 | $135,160 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $3,200,000 | -- | $1,626 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25044105
APN: 710-03942-001
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