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5-Unit Efficiency Apartment Building
For Sale
$175,000

1717 S Olive Street, Pine Bluff, AR 71601

Fully leased commercial-zoned property with recently replaced roofing and access to shopping, dining, and major thoroughfares.

Property SizeContact for details
Days on Market52

Property Features for 1717 S Olive Street

General Information

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

Units

Unit Mix 5 x efficiency
Multifamily Units 5

Additional Details

Gross Income $24,000

Building Details

Year Built 1981
Stories 1
Units 5
Listing Agency: Re/Max Platinum
Listed By: Wes Brown · License #PB00087003
Source: Proeliterealty
Added: Jun 30 Changed: Aug 20 Last Checked: Aug 20 at 9:08AM

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.

Built in 1981, this apartment property contains five efficiency units and is currently fully leased. The compact unit format supports a straightforward multifamily configuration, while the new roof installed in 2025 is a significant recent improvement. The property is zoned Commercial and is located at 1717 S Olive Street in Pine Bluff, Arkansas. Shopping, dining, and major thoroughfares are accessible from the property, providing convenient connectivity for occupants. This offering is suited to buyers seeking an established small-scale apartment asset with all units occupied at closing.

Key Highlights

  • Five‑unit efficiency apartment property
  • All five units are currently leased
  • New roof installed in 2025

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

390
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased commercial-zoned property with recently replaced roofing and access to shopping, dining, and major thoroughfares.
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‑unit efficiency apartment property; All five units are currently leased; New roof installed in 2025
More about this property
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