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Seven-Unit Apartment Building
For Sale
$350,000

120 S Elm Street, Jacksonville, AR 72076

Single-level apartments offer updated interiors, full kitchens, and separate rear entrances for each residence.

Property SizeContact for details
Days on Market53

Property Features for 120 S Elm Street

General Information

Standard status Active
Property subtype Multi Family Home
Zoning Apartments
Occupancy 100%

Units

Unit Mix 7 x 1BR/1BA
Multifamily Units 7

Building Details

Year Built 1971
Buildings 1
Stories 1
Units 7
Listing Agency: Innovative Realty
Listed By: Kimberly Santos
Source: Proeliterealty
Added: Jun 16 Changed: Aug 7 Last Checked: Aug 7 at 2:45AM

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 Innovative Realty

Investment Insights

Based on property information with market context.

This single-level apartment property contains 7 residences, each configured with 1 bedroom, 1 bathroom, a full kitchen, and a rear entry. Interior improvements include fresh paint, updated flooring, newer windows, and mini-split units. The property was built in 1971 and is fully occupied.

At 120 S Elm Street in Jacksonville, the complex is near schools, daycares, stores, and hospitals. The Dupree Sports Complex, playground, and skate park are located 1 mile away, adding nearby recreational access. The apartment layout and existing occupancy provide a straightforward multifamily configuration for continued residential use.

Key Highlights

  • 7‑unit apartment complex with full occupancy
  • Each residence includes 1 bedroom, 1 bathroom, a full kitchen, and a rear door
  • Interior updates include fresh paint, new floors, newer windows, and mini split units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply Computer & Electronic Repair Grocery & Convenience Store Bakery 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

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 72076, AR

38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
Median Home Value

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 - Single-level apartments offer updated interiors, full kitchens, and separate rear entrances for each residence.
Where is this apartment building located?
The property is located at 120 S Elm Street Jacksonville, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 7‑unit apartment complex with full occupancy; Each residence includes 1 bedroom, 1 bathroom, a full kitchen, and a rear door; Interior updates include fresh paint, new floors, newer windows, and mini split units
More about this property
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