Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1520 S Main St Malvern, AR 72104

    Sponsored
    For Sale
    $199,000

    Traditional, Triplex - Malvern, AR

    Type:Triplex
    Property size:
    2,892 SF
    Lot size:
    0.40 Acres
    Days on Market:
    42
    Last Refresh:
    Feb 22 at 2:06 am

    Property Features for 1520 S Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Zoning
    C4 per map
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    APN
    700-04556-001 01
    Appliances
    Range, Range - Gas
    Size
    2,892 SF
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric, Multi Units, Window Unit(s)

    Building Details

    Year built
    1980
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Vinyl
    Building materials
    Frame, Vinyl Siding
    Roof type
    Metal
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Kim Byrd
    Kim Byrd

    Crye*Leike Pro Elite Realty (870) 204-5400

    Listing agent Kim Byrd (870) 293-1111

    Listing date Jan 12, 2026

    MLS# 25048933 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Remodeled Triplex in Malvern, Arkansas

    This income-producing multi-unit property in Malvern, Arkansas, features three rental units on a single parcel, including a two-story duplex and a separate single-family residence. The duplex contains two units, one upstairs and one downstairs, each with 960 square feet, totaling 1,920 square feet. The separate house offers 972 square feet, resulting in a total heated square footage of 2,892 square feet. All units are newly remodeled and rent-ready. Each duplex unit includes 2 bedrooms and 1 bathroom, central gas heat, window air conditioning, new paint, cabinets, flooring, islands, cookstoves (one gas and one electric), refrigerators, and washer/dryer hookups. All appliances convey. The single-family residence offers 2 bedrooms and 1 bathroom, is all electric, and has a metal roof. It includes a mini-split-style unit downstairs, new electric baseboard heaters upstairs, window air conditioning, washer/dryer hookups, and updated paint, flooring, refrigerator, and cookstove. All appliances convey. The property is zoned C4 per map and sits on a lot of 0.4 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malvern
    County
    Hot Spring
    State
    Arkansas
    Longitude
    -92.807623
    Latitude
    34.355073

    Nearby Similar for Sale

    • New
      $449,000
      6,000 SF

      Remodeled Commercial Building in Malvern

      Income-producing property with established tenants and upside potential in Malvern.
      138 S Main St, Malvern, AR 72104
      View Details
    • $350,000
      3,392 SF

      Established Restaurant in Malvern, AR

      Turnkey restaurant opportunity with updated facilities and equipment included.
      101 W Mill St, Malvern, AR 72104
      View Details
    • New
      $179,900
      2,483 SF

      Malvern Commercial Building and Land

      Commercial property in Malvern's historic district, suitable for various businesses.
      223 S Main St, Malvern, AR 72104
      View Details
    • $315,000
      3,774 SF

      Commercial Building on Highway 270

      Commercial building on 1.18 acres in a visible area.
      104 N Main St, Malvern, AR 72104
      View Details
    • New
      $285,999
      3,000 SF

      28-Unit Mini Storage Facility

      28-unit mini storage in Magnet Cove on 2.18 acres.
      21565 Highway 51, Malvern, AR 72104
      View Details
    • $325,000
      1.18 Acres

      Prime Malvern Acreage Investment Opportunity

      1.18-acre lot, $325,000 - ideal for development
      104 Main St, Malvern, AR 72104
      View Details
    • $1,025,000
      5,244 SF

      Medical Clinic on Corner Site

      5,244 SF medical clinic on 0.93 acres for sale.
      1590 Tanner St, Malvern, AR 72104
      View Details
    • $355,000
      4,196 SF

      Malvern Commercial Property - Highway 51

      High-traffic location, versatile space. Great investment opportunity.
      22214 Highway 51, Malvern, AR 72104
      View Details
    • $139,500
      1,467 SF

      Malvern Restaurant - Turnkey Opportunity

      Established Restaurant, Prime Location, High Traffic
      1216 Page Addition Ave, Malvern, AR 72104
      View Details
    • $45,000
      0.42 Acres

      High-Visibility Malvern Commercial Lot

      Prime Food Truck Location, Near I-30
      0000 Highway 270, Malvern, AR 72104
      View Details
    • $775,000
      0.78 Acres

      Prime Malvern Highway 270 Land

      0.78-acre commercial lot, excellent location.
      1625 Highway 270, Malvern, AR 72104
      View Details
    • $325,500
      0.66 Acres

      Prime Malvern Land Opportunity

      0.66-acre lot, ideal for development.
      702 Page Ave, Malvern, AR 72104
      View Details

    FAQs

    What type of property is this?
    Triplex - Income-producing triplex with remodeled units, ideal for investors or owner-occupants.
    Where is this triplex located?
    The property is located at 1520 S Main St Malvern, AR.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Income-producing property with three rental units on one parcel; - All units are newly remodeled and rent-ready; - Includes a two-story duplex (two 2-bedroom/1-bathroom units) and a separate 2-bedroom/1-bathroom single-family residence
    (501) 815-2077
    Request Owner's contact information
    1520 S Main St Malvern, AR 72104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1520 S Main St
    Malvern, AR 72104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1520 S Main St Malvern, AR 72104
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kim Byrd
    Kim Byrd
    (501) 815-2077 (870) 293-1111
    Learn more
    Google sign-in failed. Please try again or use another login method.