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    Mena Apartment Building Investment
    Updated: Nov 17, 2025
    Mena Apartment Building Investment

    422 Mena St, Mena, AR 71953

    $550,000
    5,408 sqft 0.32 AC lot
    7‑unit apartment building offering immediate rental income potential.
    Located in the heart of Mena, providing convenient access to amenities.
    Features a mix of five 1‑bedroom and two 2‑bedroom apartments.
    Spacious units with large windows and ample storage.
    Includes parking for tenants.
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    Mena Apartment Building Investment Opportunity
    Updated: Nov 17, 2025
    Mena Apartment Building Investment Opportunity

    422 Mena St, Mena, AR 71953

    $550,000
    5,408 sqft
    Investment opportunity: 7‑unit apartment building.
    Mix of unit sizes: Five 1‑bedroom and Two 2‑bedroom apartments.
    High occupancy: 5 out of 7 units currently tenanted.
    Prime location: Heart of Mena, on Mena St.
    Proximity to recreation: Minutes from Mountain Bike Trails.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Mena, AR, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Bedroom Multifamily Apartment Community
    Two-Bedroom Multifamily Apartment Community

    200 Folsom ST, Poteau, OK 74953

    $1,500,000
    19,296 sqft 1.29 AC lot

    Serenity Heights offers 24 two-bedroom, one-bath units with a newly installed 2025 roof and repairs completed.

    View details
    Townhome-Style Multifamily Property
    Townhome-Style Multifamily Property

    305 Pleasant Valley RD, Poteau, OK 74953

    $935,000
    16,620 sqft 0.75 AC lot

    Fifteen two-bedroom, 1.5-bath townhome-style units with tenant-paid utilities and 14 currently leased.

    View details
    11-Unit All-Studio Apartment Building
    11-Unit All-Studio Apartment Building

    910 Main ST, Waldron, AR 72958

    $299,000
    3,912 sqft 0.75 AC lot

    11-unit all-studio property with part occupancy on Main Street in downtown Waldron, offered as-is for qualified buyers.

    View details
    Renovated Apartment Community and Motel Conversion
    Renovated Apartment Community and Motel Conversion

    849 Elm St, Waldron, AR 72958

    Contact for pricing

    77-unit complex features 49 fully renovated family apartments and a 28-unit one-story motel conversion.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

    View details
    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

    View details
    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details

    Mena, AR Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Mena, AR on our real estate platform. These investment opportunities span a total of 10,816 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for two-family homes in Mena, AR start at $550,000, averaging $550,000, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 13K
    Population Growth (5Y) -3.5%
    Median Household Income $52,355
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

    Identify Mena submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    71953 $558.3K

    Taxes & Financing

    Tax Rate (average for all types) 4.04%
    Property Tax per SF $74.38 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Polk County

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