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    575 5Th Ave Conway, AR 72032

    For Sale
    $3,200,000

    Traditional, Triplex - Conway, AR

    Type:Triplex
    Property size:
    1,968 SF
    Lot size:
    2.45 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 575 5Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Zoning
    C
    Parking
    1
    Parking features
    Garage
    Appliances
    Dishwasher, Washer
    Size
    1,968 SF
    Lot size
    2.45 Acres

    Utilities

    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1996
    Floors in Building
    1
    Number of units
    15
    Flooring type
    Tile, Vinyl
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    New Traditional

    iRealty Arkansas (501) 837-4391 [email protected]

    Listing agent Shannon Kent (501) 392-6298

    Listing date Nov 4, 2025

    MLS# 25044105 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

    Remodeled Multifamily Property in Conway

    This 15-unit multifamily property is located in Conway and offers an investment opportunity. Each unit features 2 bedrooms and 2 bathrooms, along with an attached single-car garage. The property includes a separate storage building, providing additional functionality. Recent remodeling includes new roofs and modern updates throughout the property. The lot size is 2.45 acres. The property is zoned C. The property size is 1968 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Gym & Fitness Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.424164
    Latitude
    35.087343

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    FAQs

    What type of property is this?
    Apartment building - 15-unit multifamily property with modern updates and strong tenant appeal.
    Where is this apartment building located?
    The property is located at 575 5Th Ave Conway, AR.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Prime Conway location offers excellent investment opportunity.; - 15 spacious 2-bedroom, 2-bath units provide strong tenant appeal.; - Each unit includes an attached single garage space.
    (501) 392-6298
    Request Owner's contact information
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    Conway, AR 72032
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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
    575 5Th Ave Conway, AR 72032
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