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Seven-Unit Apartment Building
For Sale
$550,000

422 Mena St, Mena, AR 71953

Commercial / Industrial, Traditional, Mena, AR

Property Size5,408 SF
Lot Size0.32 Acres
Price / SF$101.70
Days on Market276

Property Features for 422 Mena St

General Information

Property type Commercial Sale
Property subtype Other
Exterior features Dumpster
Directions Downtown on Mena St.
Subdivision MENA
Standard status Active
Size 5,408 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Description Block 36 Lot 7-10
Tax Annual Amount 2498
Legal Description Block 36 Lot 7-10

Building Details

Year built 1980
Floors in Building 2
Flooring type Carpet - Partial, Vinyl
Roof type Composition
Architectural style Other
Listing Agency: Holly Springs Real Estate
Listed By: Ryan Lewis
Added: Nov 17, 2025 Changed: Aug 20 Last Checked: Aug 20 at 4:06PM
MLS# 25045949

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.

Seven-unit apartment building located at 422 Mena St in Mena, Polk County, Arkansas. The property totals 5,408 square feet on a 0.32-acre lot and was built in 1980. Unit mix is five 1-bedroom apartments and two 2-bedroom apartments, with tenants currently in five of the seven units.

The building features vinyl flooring and partial carpet, with a composition roof. Exterior amenities include a dumpster.

This is a straightforward multifamily ownership opportunity with an established unit mix and partial occupancy at the time of listing. Investors or owner-operators can evaluate the existing layout across one- and two-bedroom apartments and consider how to manage leasing and turnover for the remaining units.

Key Highlights

  • Seven‑unit apartment building totaling 5,408 SF on a 0.32‑acre lot
  • Five 1‑bedroom units plus two 2‑bedroom units
  • Tenants currently in five of the seven units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Barber Shop Locksmith (Bike/Boat/Book/etc) Store Florist Electrical Service

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 71953, AR

14,090
Population
6,924
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
683.9 sq mi
ZIP Area
21
Density / Sq Mi
$52,355
Median Household Income
$31,904
Median Earnings
$743
Median Rent
$144,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Five 1-bedroom and two 2-bedroom units; tenants in five units.
Where is this apartment building located?
The property is located at 422 Mena St Mena, AR.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Seven‑unit apartment building totaling 5,408 SF on a 0.32‑acre lot; Five 1‑bedroom units plus two 2‑bedroom units; Tenants currently in five of the seven units
More about this property
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