$475,000

Estimated payment $2,898/month

Total Views 5,978
Studio
-- Baths
8,000 Sq Ft
$59 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Luxury Vinyl Tile Flooring
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

Excellent investment opportunity featuring a 10-unit apartment complex with the majority of the rehabilitation already completed. The property consists of eight 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one 1-bedroom/1-bath unit. Five units are currently occupied, with the remaining units actively being marketed for lease. The property is professionally managed, providing streamlined day-to-day operations and tenant oversight. This property offers an attractive opportunity for an investor to complete the lease-up process and increase cash flow. Income and expense figures shown are pro forma projections based on full occupancy and are not representative of current operating performance. Buyer should independently verify all financial information, rents, occupancy, and property details.

Listing Agent

Wes Brown

Re/Max Platinum Listed on: 08/24/2026

Re/Max Platinum

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1979

Lot Details

  • 120 Sq Ft Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stone Exterior Construction

Interior Spaces

  • 8,000 Sq Ft Home
  • 1-Story Property
  • Stove

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 930-28694-000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,357

Year Built

Built in 1979

Lot Details

120 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 08/24/2026
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Apartments
  • Zoning: R
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Floors: Luxury Vinyl, Vinyl
  • Foundation: Slab
  • Stories: One Story
  • Kitchen Equipment: Free-Standing Stove, Refrigerator-Stays

Exterior Features

  • Exterior: Frame, Stone
  • Roof: Composition

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.6
  • Estimated Lot Size: 120 x 215
  • Lot: Level
  • Geo Subdivision: AR
  • Parcel Number: 930-28694-000

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent One Bedroom: 650
  • Maximum Rent Three Bedroom: 775
  • Maximum Rent Two Bedroom: 725
  • Minimum Rent One Bedroom: 600
  • Minimum Rent Three Bedroom: 700
  • Minimum Rent Two Bedroom: 600
  • Number Of One Bedroom Units: 1
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bedroom Units: 8
  • Number Units: 10

Tax Info

  • Annual Taxes: 2356.98
  • Year: 2025

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,357 $50,660 $5,400 $45,260
2024 $2,178 $50,660 $5,400 $45,260
2023 $1,997 $50,660 $5,400 $45,260
2022 $1,654 $26,940 $6,480 $20,460
2021 $1,654 $26,940 $6,480 $20,460
2020 $1,654 $26,940 $6,480 $20,460
2019 $1,654 $26,940 $6,480 $20,460
2018 $1,651 $26,940 $6,480 $20,460
2017 $1,507 $24,540 $3,240 $21,300
2016 $1,507 $24,540 $3,240 $21,300
2015 $1,433 $24,540 $3,240 $21,300
2014 -- $24,540 $3,240 $21,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2026 08/24/26 For Sale $475,000 0.0% $59 / Sq Ft
06/30/2026 06/30/26 Price Changed $650 -13.3% $1 / Sq Ft
05/28/2026 05/28/26 Price Changed $750 +7.1% $1 / Sq Ft
04/07/2026 04/07/26 For Rent $700 0.0% --
03/19/2025 03/19/25 Sold $375,000 0.0% $47 / Sq Ft View Prior Sale
02/03/2025 02/03/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $375,000 -- $47 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed -- Commercial
Source: Public Records

About the Listing Agent

Wes Brown

Re/Max Platinum

(870) 396-6302

Section Image

I’m the Owner and Principal Broker of RE/MAX Platinum, serving clients across Central and South Arkansas. I specialize in residential sales, investment properties, and multi-family assets, and I’ve built my business around delivering results-driven strategies and straightforward guidance. I also oversee a full-service property management division that manages hundreds of rental properties, giving me a strong, real-world understanding of what it takes to maximize value through acquisitions,

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Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 26034490

Cooperative Arkansas REALTORS® MLS
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