1717 S Olive Street, Pine Bluff, AR 71601
MULTI_FAMILY - Pine Bluff, AR
- Added:
- Jun 30, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 6 at 1:06 am
Property Features for 1717 S Olive Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Appliances
- Free-Standing Stove, Refrigerator-Stays, Free-Standing Stove, Refrigerator-Stays
- Standard status
- Active
- APN
- 930-23565-000
- Size
- 1,736 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BLK 4, S 1/2 3 & S 5 FT OF N 1
- Tax Annual Amount
- 1613
Building Details
- Year built
- 1981
- Floors in Building
- 1
- Number of units
- 5
- Flooring type
- Vinyl
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Wes Brown License #PB00087003 (870) 209-4628
Listing office Re/Max Platinum 3907 Camden Road Suite 1, Pine Bluff, AR (870) 534-2823
Listing date Jun 30, 2026
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 5‑unit efficiency apartment complex with all five units currently leased
- Approx. $2,000/month rental income reported with a strong rental history
- New roof installed in 2025
- Year built: 1981
- Units include a free‑standing stove and refrigerator (both reported to stay)
- Vinyl flooring and shingle roof
Overview
Located at 1717 S Olive Street in Pine Bluff, Arkansas (Jefferson County), the property is described as having convenient access to shopping, dining, and major thoroughfares. The lot size is listed at 0.24 acres, with the building size reported as 1,736 square feet.
For investors or owner-operators seeking a smaller multifamily asset, this configuration of efficiency units can appeal to buyers looking for an income-producing property with tenants in place. Additional financial information is available to qualified buyers, and agents are directed to the remarks for further details.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.8k | $12.00 |
| − Vacancy | −$2.0k | −$1.18 |
| EGI | $18.8k | $10.82 |
| − OpEx | −$8.5k | −$4.87 |
| NOI | $10.3k | $5.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pine Bluff
- County
- Jefferson
- State
- Arkansas
- Longitude
- -92.006799
- Latitude
- 34.211929