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    3200 S Olive St Pine Bluff, AR 71603

    For Sale
    $2,300,000

    Multi-Family - Pine Bluff, AR

    Type:Multi Family
    Property size:
    28,160 SF
    Days on Market:
    65
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 3200 S Olive St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Multi Family
    Standard status
    Active
    Parking
    30
    Size
    28,160 SF

    Building Details

    Year built
    1982
    Floors in Building
    2
    Architectural style
    Other

    Resource Realty (501) 214-8888

    Listing agent Jaclyn McClain (501) 214-8888

    Listing date Oct 2, 2025

    MLS# 25038610 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

    Pine Bluff Multi-Family Investment

    This 22-unit apartment complex in Pine Bluff, Arkansas, presents a significant investment opportunity. Currently, 19 units are occupied, reflecting an 86% occupancy rate and generating consistent rental income. The property's location on a spacious lot offers room for expansion, with existing plumbing infrastructure already in place for two additional buildings. This provides a value-add opportunity for investors seeking to increase the unit count and maximize returns. The property size is 28,160 square feet. The complex is suitable for both experienced investors and those aiming to expand their portfolio, due to its consistent occupancy, growth potential, and convenient location.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pine Bluff
    County
    Jefferson
    State
    Arkansas
    Longitude
    -92.007564
    Latitude
    34.196994

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    FAQs

    What type of property is this?
    Apartment building - 22-unit apartment complex with expansion potential in Pine Bluff, AR.
    Where is this apartment building located?
    The property is located at 3200 S Olive St Pine Bluff, AR.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Strong Rental Income: Currently 86% occupied with 19 units rented, providing consistent cash flow.; - Value-Add Opportunity: Plumbing infrastructure is in place for two additional buildings, allowing for expansion.; - Investment Potential: Ideal for both seasoned and new investors looking to scale their portfolio.
    (501) 214-8888
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    3200 S Olive St Pine Bluff, AR 71603
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    Pine Bluff, AR 71603
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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

    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.

    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
    3200 S Olive St Pine Bluff, AR 71603
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