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West Memphis, AR Apartment Buildings for Sale

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Marion, AR Proctor, AR Memphis, TN Flippin, AR Crawfordsville, AR
16-Unit Apartment Renovation Opportunity
Updated: Nov 14, 2025
16-Unit Apartment Renovation Opportunity

215-219, ROSS AVENUE, West Memphis, AR 72301

$749,900
18,848 sqft 0.81 AC lot
16‑unit apartment property in West Memphis, AR, made up of two 8‑unit buildings
Brick construction and built in 1950
Public water and public sewer services
Exterior renovations reported as completed, while interiors are ready for renovation
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Renovated Apartment Building
Updated: Apr 12
Renovated Apartment Building

301 Rainy Pass Rd, West Memphis, AR 72301

Contact for pricing
96‑unit apartment property in the West Memphis submarket
Recently renovated apartment community
Approximately a ten‑minute drive from downtown Memphis
Assumable debt included with the offering
Some units remain to be filled
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in West Memphis, AR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

51-Unit Apartment Portfolio
51-Unit Apartment Portfolio

347 South Front Street, Memphis, TN 38103

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53,208 sqft

Two adjacent Memphis properties operate together within the South Main Arts District’s downtown residential and commercial setting.

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Downtown Memphis Mixed-Use Development Site
Downtown Memphis Mixed-Use Development Site

48 South Front Street, Memphis, TN 38103

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21,000 sqft 0.17 AC lot

Prime downtown location with retail and residential development potential.

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Garden-Style Multifamily with Two Buildings
Garden-Style Multifamily with Two Buildings

1686 Kansas St, Memphis, TN 38109

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Fully renovated 22-unit garden-style community with 1 bed/1 bath units, on-site laundry, and parking.

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42-Unit Apartment Building
42-Unit Apartment Building

56 S Main St, Memphis, TN 38103

Contact for pricing

Apartment property offered separately or within a larger multifamily portfolio.

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Off-Market Properties in West Memphis, AR

Consider similar Off-Market properties in West Memphis, AR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

301 Rainy Pass Rd
Multifamily properties

301 Rainy Pass Rd, West Memphis, AR 72301

Value Estimation by Request
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West Memphis, AR Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in West Memphis, AR on our real estate platform. These investment opportunities span a total of 18,848 square feet of properties for sale, with an estimated market value of $749,900.

Sale prices for two-family homes in West Memphis, AR average $749,900 — 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 24K
Population Growth (5Y) -1.2%
Median Household Income $41,932
College Educated 8.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
72301 $749.9K

Taxes & Financing

Tax Rate (average for all types) 4.75%
Property Tax per SF $91.57 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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