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2-Unit Tenant-Occupied Duplex
For Sale
$80,000

124 W College A & B Avenue, Monticello, AR 71655

Multi-Family, Built to Suit, Monticello, AR

Property Size420 SF
Lot Size0.20 Acres
Price / SF$190.48
Days on Market293

Property Features for 124 W College A & B Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking features On Street
Appliances Free-Standing Stove, Free-Standing Stove
Subdivision Monticello Original
Lot features Level
Directions Driving south on US-425, turn left onto W Gaines St, turn right onto N Hyatt St, turn left onto W College Ave
Standard status Active
Size 420 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description Block/Lot: 200/4
Tax Annual Amount 530
Legal Description Block/Lot: 200/4

Building Details

Year built 2018
Floors in Building 1
Number of units 2
Flooring type Vinyl
Roof type Metal
Architectural style Other
Listing Agency: Trademark Real Estate, Inc.
Listed By: Michelle Fakouri
Added: Nov 14, 2025 Changed: Sep 2 Last Checked: Sep 3 at 11:06AM
MLS# 25045571

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 2018 duplex consists of two separate residences, each configured with one bedroom and one bathroom. The property measures 420 square feet on a 0.2-acre lot, with vinyl flooring, metal roofing, and a free-standing stove in each unit. Both residences are currently tenant-occupied.

Located at 124 W College, A & B Avenue in Monticello, the property has on-street parking and an in-town setting. The compact two-unit configuration and separate living spaces provide a straightforward residential income property format.

Key Highlights

  • Two separate 1BR/1BA units
  • Both residences are currently tenant‑occupied
  • 420 square feet on a 0.2‑acre lot

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby

Demographics for 71655, AR

14,458
Population
6,659
Households
2.2
Avg Household Size
37
Median Age
24%
College-Educated
88%
High-School Grad
365.7 sq mi
ZIP Area
40
Density / Sq Mi
$40,878
Median Household Income
$32,874
Median Earnings
$703
Median Rent
$132,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate one-bedroom residences offer compact layouts, vinyl flooring, metal roofing, and on-street parking in Monticello.
Where is this duplex located?
The property is located at 124 W College A & B Avenue Monticello, AR.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Two separate 1BR/1BA units; Both residences are currently tenant‑occupied; 420 square feet on a 0.2‑acre lot
More about this property
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