713 N 7th St van Buren, AR 72956
Estimated payment $12,630/month
Highlights
- 1.15 Acre Lot
- Property is near a park
- Window Unit Cooling System
- Parkview Elementary School Rated A-
- Brick or Stone Mason
- Park
About This Home
Hillside Townhomes offer a rare opportunity to own a well-established multi-family property that combines recent capital improvements with continued value-add potential in Van Buren, one of Arkansas's most desirable locations.
Featuring 24 spacious two-story townhomes, each thoughtfully designed with 2 bedrooms and 1.5 bathrooms. Recent property improvements include updated roofing and select renovated units, demonstrating the owner's commitment to maintaining quality while providing the new investor with immediate rental-ready income and a clear roadmap for continued value-add. The remaining units present an excellent opportunity for strategic improvements, allowing investors to bump rents and property value through strategic upgrades. Each unit maximizes space with its two-story layout, featuring two comfortable bedrooms on the upper level and a full bathroom upstairs plus a convenient half-bath on the main floor. The open-concept main living areas are perfect for modern lifestyles, while private entrances give each unit a distinctive single-family home appeal that tenants love and pay premium rents to enjoy.
Located on prime N 7th Street in Van Buren, this property enjoys close proximity to schools, shopping, and dining establishments. The location provides easy access to major highways and Fort Smith, positioning residents in the growing River Valley market with strong rental demand. The established neighborhood offers excellent community appeal and long-term stability. This turnkey property represents an exceptional chance to acquire a substantial multi-family asset in Van Buren's thriving rental market. With recent improvements already completed and additional value-add opportunities clearly identified, Hillside Townhomes offers both immediate cash flow from updated units and significant upside potential through continued strategic improvements. Perfect for investors seeking a well-positioned, income-producing property with proven improvement potential.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $10,909
Year Built
- Built in 1979
Lot Details
- 1.15 Acre Lot
- Lot Dimensions are 201x238
Home Design
- Brick or Stone Mason
- Slab Foundation
- Shingle Roof
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 23,520 Sq Ft Home
- 2-Story Property
- Electric Dryer Hookup
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- Parking Available
- Driveway
- Assigned Parking
Location
- Property is near a park
- Property near a hospital
- Property is near schools
- City Lot
Schools
- Parkview Elementary School
- Butterfield Junior High
- Van Buren High School
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Block 1
- Assessor Parcel Number 700-09314-000-C
Community Details
Recreation
- Park
Additional Features
- 24 Units
- Shops
- Gross Income $207,360
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/13/2025 09/13/25 | For Sale | $2,200,000 | 0.0% | $94 / Sq Ft |
03/18/2025 03/18/25 | For Rent | $850 | -- | -- |
Source: Western River Valley Board of REALTORS®
MLS Number: 1083879
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