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Six-Unit Apartment Property
For Sale
$199,900

206 Arkansas Street, Danville, AR 72833

Residential, Danville, AR

Property Size4,779 SF
Lot Size2.35 Acres
Price / SF$41.83
Days on Market247

Property Features for 206 Arkansas Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 7, Bathroom 3, Bedroom 8, Bedroom 1, Bathroom 6, Bedroom 6, Bathroom 5, Bedroom 3, Bathroom 2
Exterior features UnpavedDriveway
Appliances ElectricWaterHeater
Lot features Central Business District, Cleared, City Lot
View River
Elementary school district Danville
Middle school district Danville
High school district Danville
Directions from the intersection of Hwy 10 and Hwy 27 in Danville, turn left on Hwy 10 for 0.6 miles. Turn right onto W 4th St and in 250 ft turn right onto Arkansas St.
Standard status Active
APN 701-00045-000
Size 4,779 SF
Lot size 2.35 Acres

Taxes and HOA fees

Tax Description Pt Blk 13 14, & 15, of the Original Town of Danville; & pt of the W1/2 SE1/4 of Sec, 25, T-5-N, R-23-W, Yell County AR
Tax Annual Amount 1427
Legal Description Pt Blk 13 14, & 15, of the Original Town of Danville; & pt of the W1/2 SE1/4 of Sec, 25, T-5-N, R-23-W, Yell County AR

Utilities

Heating system Electric (Heating)
Cooling system Window Unit(s), Electric, Ductless
Water front features River Front
Water front 1

Amenities

private entrance
parking area

Building Details

Floors in Building 2
Number of units 6
Flooring type Vinyl, Tile, Carpet
Building materials Frame
Roof type Fiberglass, Shingle
Listing Agency: Coldwell Banker Premier Realty
Listed By: Suzy Weldon · License #EB00088768
Added: Jan 13 Changed: Sep 15 Last Checked: Sep 17 at 2:06PM
MLS# 1333177

Copyright © 2026 ArkansasONE MLS. 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 apartment property includes six residences arranged across two structures. The primary building contains four one-bedroom units and provides 3,939 square feet, while a separate duplex contributes two two-bedroom apartments and 840 square feet. Each residence has a private entrance, and the property includes a parking area with an unpaved driveway.

The 2.35-acre site is riverfront and located in Danville, Arkansas. Building features include frame construction, fiberglass shingle roofing, vinyl, tile, and carpet flooring, electric heating, and a combination of window-unit, electric, and ductless cooling. An electric water heater serves the property. The six-unit configuration may be purchased together or as separate parcels.

Key Highlights

  • Six total units: four 1‑bedroom apartments and two 2‑bedroom apartments
  • 4,779 square feet across two structures
  • Primary building contains four units and 3,939 square feet

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Dental Office Cafe & Coffee Shop

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

215
Businesses Nearby

Demographics for 72833, AR

3,818
Population
1,464
Households
2.6
Avg Household Size
39
Median Age
12%
College-Educated
79%
High-School Grad
221.8 sq mi
ZIP Area
17
Density / Sq Mi
$60,802
Median Household Income
$33,908
Median Earnings
$578
Median Rent
$113,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Two structures provide private-entry residences, parking, and a mix of one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 206 Arkansas Street Danville, 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: Six total units: four 1‑bedroom apartments and two 2‑bedroom apartments; 4,779 square feet across two structures; Primary building contains four units and 3,939 square feet
More about this property
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