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20-Unit Duplex Community
New
For Sale
$5,000,000

209 P Street, Barling, AR 72923

Residential, Barling, AR

Property Size21,420 SF
Lot Size2.13 Acres
Price / SF$233.43
Days on Market2

Property Features for 209 P Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description Multi Family
Parking features Garage, Open
Exterior features ConcreteDriveway
Appliances Dryer, Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, SelfCleaningOven, Washer
Subdivision Acreage - Barling
Lot features Central Business District, Cleared, Corner Lot, City Lot, Industrial Park, Landscaped, Level, Near Park, Subdivision
Directions From I49 and Hwy 22 travel west 0.1 mi to Hwy 59 and turn north and travel 1 mile to E P St.
Standard status Active
APN 63020-0000-01802-04
Size 21,420 SF
Lot size 2.13 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description PT NW/4 NW/4
Tax Annual Amount 1499
Legal Description PT NW/4 NW/4

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 2026
Floors in Building 1
Number of units 20
Flooring type Vinyl
Building materials Brick
Roof type Shingle
Buildings 10
Listing Agency: Keller Williams Platinum Realty · Keller Williams Realty
Listed By: Cheryl Garner · License #Sa00083287
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 30 at 9:06PM
MLS# 1366688

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.

Rey
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Investment Insights

Based on property information with market context.

This 20-unit multifamily property consists of 10 duplexes on 2.13 acres, with 21,420 square feet of building area. The homes have three bedrooms and two bathrooms, plus attached two-car garages. Some units are furnished, and washers and dryers are included. Brick exteriors, vinyl flooring, central heating and air conditioning, and public water and sewer serve the residences. Construction is underway, with a 2026 year built indicated; occupancy has reached 45% during the initial leasing period.

The property is in Springhill at Chaffee Crossing, with access to I-49, Hwy 22 (Rogers Ave), and Hwy 59. Nearby employment and institutional destinations include U.S. Ebbing Air Force Base, Arkansas College of Health Education, ArcBest headquarters, manufacturing facilities, and Mercy Hospital. Springhill Park along the Arkansas River is adjacent to the property.

Key Highlights

  • 10 duplexes totaling 20 residential units
  • 2.13‑acre site with 21,420 square feet of building area
  • Three‑bedroom, two‑bathroom layouts with attached two‑car garages

Property Analytics

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Lease Details

20
Residential units
45%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 72923, AR

4,811
Population
2,608
Households
1.8
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
16.4 sq mi
ZIP Area
293
Density / Sq Mi
$52,210
Median Household Income
$36,122
Median Earnings
$893
Median Rent
$125,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three-bedroom homes include attached garages, with some residences offered furnished and equipped with washers and dryers.
Where is this multifamily property located?
The property is located at 209 P Street Barling, AR.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 10 duplexes totaling 20 residential units; 2.13‑acre site with 21,420 square feet of building area; Three‑bedroom, two‑bathroom layouts with attached two‑car garages
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