Three-Unit
1417 Greenwich, Russellville, AR 72801
For Sale
$300,000
Residential, Russellville, AR
Property Size2,796 SF
Price / SF$107.30
Days on Market51
Property Features for 1417 Greenwich
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Exterior features
Appliances
Lot features
Directions
Standard status
APN
Size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
River Valley Realty, Inc
(479) 968-6260
Listed By:
Angie Dossett · License AR SA00088224
(479) 979-7677
Added: Sep 21
Changed: Nov 10
Last Checked: Nov 10 at 10:06AM
MLS# 1362806
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,796-square-foot triplex contains three matching residential units, each arranged with two bedrooms and two bathrooms. Built in 1997, the property features vinyl siding, a shingle roof, carpet and tile flooring, central heating, central air, and a gas water heater. A concrete driveway provides on-site access.
The property is located at 1417 Greenwich in Russellville, Arkansas, within Pope County and ZIP Code 72801. Its three-unit configuration offers a straightforward multifamily layout, with consistent floor plans across the building.
The property is located at 1417 Greenwich in Russellville, Arkansas, within Pope County and ZIP Code 72801. Its three-unit configuration offers a straightforward multifamily layout, with consistent floor plans across the building.
Key Highlights
- 2,796‑square‑foot triplex with three matching units
- Each unit includes 2 bedrooms and 2 bathrooms
- Built in 1997
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,712
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,240
$374.2K
Cap Rate 7%
$267,314
$267.3K
Cap Rate 9%
$207,911
$207.9K
Market Conditions
NOI Build-Up for 2,796 SF
Gross rent
$28.5K $10.20/SF
− Vacancy
−$1.8K −$0.64/SF
EGI
$26.7K $9.56/SF
− OpEx
−$8.0K −$2.87/SF
NOI
$18.7K $6.69/SF
Area
Pope County, AR
Vacancy
6.27%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,240
Cap Rate 7%
$267,314
Cap Rate 9%
$207,911
Alternative Uses
Best Use
Multifamily LT 5
$267.3K
$233.9K – $311.9K
NOI $18,712 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$238.8K
$209.0K – $278.7K
NOI $16,719 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$446.7K
$390.9K – $521.2K
NOI $31,270 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
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Business Placement
Demographics for 72801, AR
18,510
Population
7,530
Households
2.5
Avg Household Size
29
Median Age
26%
College-Educated
82%
High-School Grad
8.0 sq mi
ZIP Area
2,314
Density / Sq Mi
$42,363
Median Household Income
$22,473
Median Earnings
$837
Median Rent
$153,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three matching residential units with central heating and cooling, vinyl siding, and a concrete driveway.
Where is this triplex located?
The property is located at 1417 Greenwich Russellville, AR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,796‑square‑foot triplex with three matching units; Each unit includes 2 bedrooms and 2 bathrooms; Built in 1997
