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$750,000

Est. payment - /mo

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5,187 SqFt

New

2012 Martin Street Conway, AR 72034-0000

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Micah Ribbing

micah.ribbing@gmail.com +1(501) 218-5944

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,187 sqft

Price per Sqft $144

Subdivision Boulevard

MLS Listing ID 26024396

Style Craftsman

Year Built 1938

Annual Tax Amount $4,479

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Fourplex

Property Description

Income-producing multi-family property in the heart of Conway! Could utilize space as approximately eight apartments. This unique investment opportunity features multiple residential units totaling approximately 5,187 square feet on a 0.32-acre lot. Conveniently located near downtown Conway, the University of Central Arkansas, shopping, dining, and major employment centers, this property offers strong rental demand and excellent cash-flow potential. The versatile floor plan provides multiple living spaces, ample parking, and the flexibility for long-term rentals, student housing, or workforce housing. Bathtubs are currently sheet rocked over due to use as a daycare. Owner is willing to uncover and put back to full bathrooms. Could be used for office space as well. Historic character combined with investment potential makes this an excellent addition to any real estate portfolio. In years past is was a Fraternity house and most recently a daycare. Whether you're a seasoned investor or looking to expand your rental holdings, this property offers a rare opportunity in one of Central Arkansas's most desirable rental markets.

Location

State AR

County Faulkner

Area Conway - Old Town

Zoning Multi Fami

Rooms

Kitchen Built-In Stove, Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Exhaust Fan

Interior

Interior Features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Smoke Detector, Fireplace - Woodburning

Heating Central Cool-Electric, Central Heat-Gas, Zoned Units

Flooring Laminate

Equipment Built-In Stove, Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Exhaust Fan

Exterior

Exterior Feature Fully Fenced, Porch, Wood Fence

Parking Features Parking Pads, Other (see remarks)

Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural, TV-Cable, All Underground

Roof Type Architectural Shingle

Building

Lot Description Level, In Subdivision

Foundation Crawl Space

New Construction No

Listed by Century 21 United • Jennifer R Williams

Nearby Locations

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Micah Ribbing

REALTOR | License ID: SA00096985

+1(501) 218-5944