622 S Wright St Siloam Springs, AR 72761
Estimated payment $2,128/month
Highlights
- Traditional Architecture
- Covered patio or porch
- Ceramic Tile Flooring
- Corner Lot
- Window Unit Cooling System
- Ceiling Fan
About This Home
+/- 9% cap rate on actual financials! This excellent investment opportunity in Siloam Springs features a+/- 3,029 SF property with four fully occupied rental units. The property includes a mix of unit sizes: two 1-bed, 1-bath units, one 2-bed,1-bath unit, and one 3-bed, 2-bath unit, totaling 7 bedrooms and 5bathrooms. Three of the units have contracted leases, while one operates on a month-to-month basis, with rental rates ranging from $600 to $1,100/mo. Each unit's cabinets have recently been replaced. Theproperty does not feature central air, each unit is equipped with a window unit. The property consists of a two-story home and a detached home. Conveniently located just 350 feet from S Mt. Olive St. and only 0.5 miles from US. Highway 412 and Harps Food Stores, this property provides easy access to local amenities and major roadways, making it an attractive option for investors.
Listing Agent
Keller Williams Market Pro Realty Bentonville West Brokerage Phone: 479-330-1250 Listed on: 03/18/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,942
Year Built
- Built in 1996
Lot Details
- 0.28 Acre Lot
- Partially Fenced Property
- Corner Lot
- Level Lot
Home Design
- Quadruplex
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Architectural Shingle Roof
- Stucco
Interior Spaces
- 3,029 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Electric Oven
- Electric Range
- Microwave
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- No Driveway
- On-Street Parking
Utilities
- Window Unit Cooling System
- Space Heater
- Gas Water Heater
Additional Features
- Covered patio or porch
- City Lot
Listing and Financial Details
- Legal Lot and Block 12,13 / 7
Community Details
Overview
- 4 Units
- Cranes Add Siloam Springs Subdivision
Building Details
- Gross Income $39,600
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/22/2025 05/22/25 | Price Changed | $339,900 | -2.9% | $112 / Sq Ft |
02/13/2025 02/13/25 | For Sale | $349,900 | -- | $116 / Sq Ft |
Source: Northwest Arkansas Board of REALTORS®
MLS Number: 1301675

APN: 03-01801-000
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