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5-Unit Apartment Building with 2025 Roof
For Sale
$175,000

1717 S Olive Street, Pine Bluff, AR 71601

Five efficiency units are leased, and the property includes a roof installed in 2025.

Property SizeContact for details
Days on Market36

Property Features for 1717 S Olive Street

General Information

Standard status Active
Property subtype Multi Family Home
Occupancy 100%

Additional Details

Gross Income $24,000
Multifamily Units 5

Building Details

Year Built 1981
Listing Agency: Re/Max Platinum
Listed By: Wes Brown · License #PB00087003
Source: Jcthornton
Added: Jun 30 Changed: Jul 29 Last Checked: Aug 3 at 1:09PM

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 Re/Max Platinum

Investment Insights

Based on property information with market context.

This 5-unit efficiency apartment building was built in 1981 and is positioned for income-focused ownership. All five units are currently leased, supported by a strong rental history. The property has a low-maintenance efficiency unit layout designed for straightforward operations.

The building is located at 1717 S Olive Street in Pine Bluff, AR 71601, with convenient access to shopping, dining, and major thoroughfares.

Recent capital improvements include a new roof installed in 2025, helping reduce near-term capital expenses and supporting continued maintenance of the asset.

Key Highlights

  • Five efficiency units, all currently leased
  • New roof installed in 2025
  • Built in 1981

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Gym & Fitness Center Cafe & Coffee Shop Plumbing Service (Bike/Boat/Book/etc) 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

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

746
Businesses Nearby

Demographics for 71601, AR

13,881
Population
6,573
Households
2.1
Avg Household Size
34
Median Age
15%
College-Educated
86%
High-School Grad
115.4 sq mi
ZIP Area
120
Density / Sq Mi
$36,688
Median Household Income
$23,586
Median Earnings
$802
Median Rent
$67,800
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 - Five efficiency units are leased, and the property includes a roof installed in 2025.
Where is this apartment building located?
The property is located at 1717 S Olive Street Pine Bluff, AR.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Five efficiency units, all currently leased; New roof installed in 2025; Built in 1981
More about this property
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