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    1285&1289 Addie St Batesville, AR 72501

    For Sale
    $145,000

    Residential Income - Batesville, AR

    Property size:
    1,698 SF
    Lot size:
    17.00 Acres
    Days on Market:
    83
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 1285&1289 Addie St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    4
    Size
    1,698 SF
    Lot size
    17.00 Acres

    Building Details

    Year built
    1991
    Floors in Building
    1
    Architectural style
    Other

    R.M. Weaver Real Estate (870) 251-2268

    Listing agent Chelsea Weaver (870) 251-2268

    Listing date Sep 23, 2025

    MLS# 25038185 Listing URL

    Copyright © 2025 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.

    Overview

    Residential Income Property in Batesville

    This residential income property in Batesville, Arkansas, includes two houses offered at one price. The property at 1289 Addie Street is a mostly rock and brick home featuring 3 bedrooms and 1 bathroom, generating a monthly rental income of $750. The property at 1285 Addie Street is a 2-bedroom, 1-bath home with a metal roof, currently leased for $450 per month. Both properties had $300 security deposits. The seller's insurance provider is Shelter Insurance Co. This listing is one of four groups of rental property listings from the Elms Family, who are liquidating their rental properties. Lease agreements will be provided to prospective buyers upon request, and notice will be required for showings due to tenant scheduling. Purchases will be as-is. The seller will share their handyman contact information if the investor is interested in using the same person. The total property size is 1698 square feet, situated on a 17-acre lot.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Batesville
    County
    Independence
    State
    Arkansas
    Longitude
    -91.6408
    Latitude
    35.7819

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    FAQs

    What type of property is this?
    Residential income property - Two houses, one price! Income-generating property in Batesville, Arkansas.
    Where is this residential income property located?
    The property is located at 1285&1289 Addie St Batesville, AR.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: - Two houses for the price of one: $145,000.; - Immediate rental income: $750/month from 1289 Addie Street and $450/month from 1285 Addie Street.; - Existing tenants and lease agreements in place.
    (870) 251-2268
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1285&1289 Addie St Batesville, AR 72501
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