Search
10-Unit Apartment Building
New
For Sale
$199,900

1000 Walnut, Newport, AR 72112

Multi-Family, Traditional, Newport, AR

Property Size2,656 SF
Lot Size0.12 Acres
Price / SF$75.26
Days on Market5

Property Features for 1000 Walnut

General Information

Property type Residential Multi Family
Property subtype Apartment
Appliances Free-Standing Stove, Free-Standing Stove
Subdivision Park Place
Lot features Level
Directions Follow AR-17 N and Walker Dr to Walnut St in Newport.
Standard status Active
Size 2,656 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description LOTS 1 & 2 BLK 3
Tax Annual Amount 696
Legal Description LOTS 1 & 2 BLK 3

Building Details

Year built 1940
Floors in Building 2
Number of units 10
Flooring type Tile, Wood
Architectural style Other
Listing Agency: Exp Realty
Listed By: Dustin Turner
Added: Aug 19 Last Checked: Aug 23 at 5:06AM
MLS# 26033861

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 10-unit apartment building contains 2,656 square feet on a 0.12-acre parcel. The configuration includes two-bedroom, one-bath apartments along with eight individual rooms for rent, providing varied residential layouts within the property. Tile and wood flooring are present, and the building includes free-standing stoves. Constructed in 1940, the property is located at 1000 Walnut in Newport, Arkansas.

The existing layout combines larger apartment units with individual-room accommodations in one multifamily asset. Its compact footprint and varied configuration distinguish the property within the local apartment inventory.

Key Highlights

  • 10‑unit apartment building with 2,656 square feet
  • 0.12‑acre parcel at 1000 Walnut, Newport, AR 72112
  • Unit mix includes two‑bedroom, one‑bath apartments and eight individual rooms for rent

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Hair Salon Building Supply HVAC Service Nail Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby

Demographics for 72112, AR

11,065
Population
4,394
Households
2.5
Avg Household Size
40
Median Age
12%
College-Educated
82%
High-School Grad
327.6 sq mi
ZIP Area
34
Density / Sq Mi
$36,563
Median Household Income
$22,588
Median Earnings
$663
Median Rent
$97,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - The property combines two-bedroom, one-bath apartments with individual rooms for rent in a compact multifamily configuration.
Where is this apartment building located?
The property is located at 1000 Walnut Newport, AR.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 10‑unit apartment building with 2,656 square feet; 0.12‑acre parcel at 1000 Walnut, Newport, AR 72112; Unit mix includes two‑bedroom, one‑bath apartments and eight individual rooms for rent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message