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Six-Unit Apartment Building
For Sale
$199,900

206 Arkansas Street, Danville, AR 72833

MULTI_FAMILY - Danville, AR

Property Size4,779 SF
Lot Size2.35 Acres
Price / SF$41.83
Days on Market220

Property Features for 206 Arkansas Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 6, Bedroom 2, Bedroom 7, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 8
Exterior features UnpavedDriveway
Appliances ElectricWaterHeater
Lot features Central Business District, Cleared, City Lot
View River
Elementary school district Danville
Middle school district Danville
High school district Danville
Directions from the intersection of Hwy 10 and Hwy 27 in Danville, turn left on Hwy 10 for 0.6 miles. Turn right onto W 4th St and in 250 ft turn right onto Arkansas St.
Standard status Active
APN 701-00045-000
Size 4,779 SF
Lot size 2.35 Acres

Taxes and HOA fees

Tax Description Pt Blk 13 14, & 15, of the Original Town of Danville; & pt of the W1/2 SE1/4 of Sec, 25, T-5-N, R-23-W, Yell County AR
Tax Annual Amount 1427
Legal Description Pt Blk 13 14, & 15, of the Original Town of Danville; & pt of the W1/2 SE1/4 of Sec, 25, T-5-N, R-23-W, Yell County AR

Utilities

Heating system Electric (Heating)
Cooling system Ductless, Window Unit(s), Electric
Water front features River Front
Water front 1

Building Details

Floors in Building 2
Number of units 6
Flooring type Tile, Vinyl, Carpet
Building materials Frame
Roof type Fiberglass, Shingle
Listing Agency: Coldwell Banker Premier Realty
Listed By: Suzy Weldon · License #EB00088768
Added: Jan 13 Changed: Aug 19 Last Checked: Aug 21 at 4:06AM
MLS# 1333177

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.

Investment Insights

Based on property information with market context.

Six-unit apartment building configured as a main house with four units and two additional apartments, each with its own private entrance. The unit mix includes four one-bedroom units and two two-bedroom units, supporting flexible occupancy planning for an owner-occupant or an investor.

The property totals 2.35 acres and includes 3,939 square feet in the main house, plus 840 square feet in the duplex units. Exterior features include an unpaved driveway and a well-maintained parking area for resident access. Construction is frame with tile, vinyl, and carpet flooring, and a shingle fiberglass roof.

Mechanical systems include electric heating with ductless and window unit cooling, along with an electric water heater. The property is listed with a river front feature.

Key Highlights

  • 2.35‑acre property with a well‑maintained parking area and unpaved driveway
  • Main house includes four units totaling 3,939 SF
  • Duplex units include two apartments totaling 840 SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Dental Office (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Cafe & Coffee Shop Florist

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

215
Businesses Nearby

Demographics for 72833, AR

3,818
Population
1,464
Households
2.6
Avg Household Size
39
Median Age
12%
College-Educated
79%
High-School Grad
221.8 sq mi
ZIP Area
17
Density / Sq Mi
$60,802
Median Household Income
$33,908
Median Earnings
$578
Median Rent
$113,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with private entrances, electric utilities, and a mix of one- and two-bedroom units.
Where is this apartment building located?
The property is located at 206 Arkansas Street Danville, AR.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 2.35‑acre property with a well‑maintained parking area and unpaved driveway; Main house includes four units totaling 3,939 SF; Duplex units include two apartments totaling 840 SF
More about this property
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