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10-Unit Apartment Building
For Sale
$199,900

1000 Walnut St, Newport, AR 72112

Multifamily property with a mixed configuration of conventional apartments and individually leased rooms.

Property Size2,656 SF
Price / SF$75.26
Days on Market11

Property Features for 1000 Walnut St

General Information

Standard status Active
Size 2,656 SF
Property subtype Residential Income

Units

Unit Mix 2BR/1BA, 8 x individual rooms
Multifamily Units 10

Additional Details

Gross Income $36,540

Taxes and HOA fees

Annual Taxes $696

Building Details

Buildings 1
Listing Agency: Exp Realty
Listed By: Dustin Turner
Source: Exprealty
Added: Aug 19 Changed: Aug 28 Last Checked: Aug 28 at 8:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty

Investment Insights

Based on property information with market context.

This 2,656-square-foot apartment property contains 10 units in a mixed residential configuration. The layout includes two-bedroom, one-bath apartments along with eight individual rooms available for rent, providing different housing formats within one building.

Located at 1000 Walnut St in Newport, AR, the property is positioned for continued multifamily use. Its combination of apartment units and separately rented rooms creates a varied operating structure within a compact asset. The existing configuration supports both larger apartment accommodations and smaller, individually leased spaces.

Key Highlights

  • 10‑unit apartment building at 1000 Walnut St, Newport, AR
  • 2,656‑square‑foot multifamily property
  • Includes two‑bedroom, one‑bath apartment units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Hair Salon Building Supply HVAC Service Nail Salon Big Box & Wholesale Store

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby

Demographics for 72112, AR

11,065
Population
4,394
Households
2.5
Avg Household Size
40
Median Age
12%
College-Educated
82%
High-School Grad
327.6 sq mi
ZIP Area
34
Density / Sq Mi
$36,563
Median Household Income
$22,588
Median Earnings
$663
Median Rent
$97,200
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 - Multifamily property with a mixed configuration of conventional apartments and individually leased rooms.
Where is this apartment building located?
The property is located at 1000 Walnut St Newport, 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: 10‑unit apartment building at 1000 Walnut St, Newport, AR; 2,656‑square‑foot multifamily property; Includes two‑bedroom, one‑bath apartment units
More about this property
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