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Waldron, AR Multifamily Homes & Duplexes for Sale

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    $299,000

    • 3,912 Sq Ft

    910 Main St, Waldron, AR 72958

    11-unit all-studio apartment building on Main Street in downtown Waldron. Offered at $299,000 — $27,182 per unit, right at the comp basis for rural West-Central Arkansas small multifamily. Three of the eleven units are currently leased. The studios rent for $600/month, which is at the floor of Waldron pricing — a comparable studio in town is listed today at $850, and local 1-bedrooms run

    Joshua Harmon Harmon Real Estate Company

    910 Main St, Waldron, AR 72958
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    $160,000

    $15K PRICE DROP
    • 3,796 Sq Ft

    945 Elm St, Waldron, AR 72958

    Your next investment opportunity! The property features three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, providing a great mix of rental options. One unit is currently occupied. Featuring a spacious .56 ac lot, for plenty of parking and more. Also includes a tenant shared laundry room on the 2nd floor. Whether you're expanding your rental portfolio or purchasing your first

    Madison Smith McGraw REALTORS

    945 Elm St, Waldron, AR 72958

Why Live in Waldron

Waldron, located in western Arkansas' Ouachita Mountains, is a small town surrounded by forests and rich in outdoor activities. The town is part of Scott County, an area deeply rooted in timber production and U.S. Forest Service land. Residents enjoy a close-knit community where neighbors know each other by name and offer mutual support. Housing in Waldron is affordable, with single-family homes typically priced around $140,000. Home styles include Minimal Traditional, cottage, bungalow, and ranch, often situated on wooded lots ranging from a third of an acre to several acres. The Ouachita National Forest, encompassing 1.8 million acres, provides ample opportunities for hiking, fishing, camping, mountain biking, and hunting. The Ouachita National Recreation Trail, a 223-mile path, offers a long-distance challenge for backpackers. Lake Hinkle, located 12 miles west, is a popular fishing spot with scenic mountain views. Waldron maintains a city park featuring playgrounds, exercise equipment, green spaces, and sports courts. The local school district focuses on college and career readiness, offering Advanced Placement classes and extracurricular clubs. For shopping, residents often travel 45 miles north to Fort Smith, which hosts an indoor mall and big box stores. Local dining options include Atlas Coffee Company and Nitzeleys, known for its Mexican cuisine. The Turkey Track Bluegrass Festival, a notable community event, attracts visitors with music and food. Despite its rural setting, Waldron has highway access via U.S. Route 71 and Arkansas Highway 28, and the Area Agency on Aging of Western Arkansas provides on-demand rides. Wildfires and tornadoes are potential risks, but the town has a dedicated fire department.

Home Price Trends

Median Sale Price
$142,000
Median Single Family Sale Price
$150,000
Median Townhouse Sale Price
$450,000
Median 2 Bedroom Sale Price
$92,000
Average Price Per Sq Ft
$89
Number of Homes for Sale
15
Last 12 months Home Sales
17
Months of Supply
10.60
Median List Price
$178,500
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
31%
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