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Three-Duplex Apartment Building
New
For Sale
$495,000

214 A & B SCEN N . Street, Perryville, AR 72126

MULTI_FAMILY - Perryville, AR

Property Size5,510 SF
Lot Size17,467.00 Acres
Price / SF$89.84
Days on Market3

Property Features for 214 A & B SCEN N . Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Interior features Washer-Stays, Dryer-Stays, Hot Water Heater-Electric, Smoke Detector, Fan - Ceiling
Appliances Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays, Ice Maker Connection, Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays, Ice Maker Connection
Subdivision Bowen
Lot features Level, Corner Lot
Elementary school PERRYVILLE
Middle school PERRYVILLE
High school PERRYVILLE
Directions Hwy 10 in Perryville, turn on Scenic Drive by the Water Department and old Texco station. The complex is on the right at the four way stop sign of Scenic and Pine.
Standard status Active
Size 5,510 SF
Lot size 17,467.00 Acres

Taxes and HOA fees

Tax Description 7-12 BOWEN
Tax Annual Amount 2590
Legal Description 7-12 BOWEN

Building Details

Year built 1990
Floors in Building 1
Number of units 3
Flooring type Carpet - Partial, Tile, Vinyl, Laminate
Roof type Composition
Architectural style Other
Listing Agency: EXP Realty Zulpo Property Group
Listed By: Krysti Zulpo
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 6:06AM
MLS# 26030833

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.

Investment Insights

Based on property information with market context.

This apartment building features three sets of duplexes back to back on a corner block. Each unit offers two bedrooms and one bathroom, with two doors per unit. Interior features include ceiling fans, smoke detectors, and an electric hot water heater, with flooring that includes carpet (partial), tile, vinyl, and laminate.

Units are equipped with appliances, and include washer and dryer set-ups that stay with the property. The units also feature a large kitchen and a large master bedroom, along with laundry room access and double parking pads.

Built in 1990, the property roof is composition. Public remarks indicate long-term tenants, with two units having been upgraded again and all units described as having upgraded appliances.

Key Highlights

  • Three sets of duplexes back to back on a corner block
  • Each unit has two bedrooms and one bathroom with two doors
  • Washer and dryer set‑ups included with the units

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 $86.0k $15.60
− Vacancy −$5.0k −$0.90
EGI $81.0k $14.70
− OpEx −$36.4k −$6.61
NOI $44.5k $8.08
5,510 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$636.2K
$556.7K – $742.2K (±1% cap)
NOI $44,534 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$981.6K – $1.31M (±1% cap)
NOI $78,531 @ 7.0% cap · market cap 15.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

Demographics for 72126, AR

3,649
Population
1,782
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
94%
High-School Grad
203.3 sq mi
ZIP Area
18
Density / Sq Mi
$58,843
Median Household Income
$45,103
Median Earnings
$589
Median Rent
$130,900
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 - Three sets of back-to-back duplex units on a corner block, each with two bedrooms and one bathroom.
Where is this apartment building located?
The property is located at 214 A & B SCEN N . Street Perryville, AR.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Three sets of duplexes back to back on a corner block; Each unit has two bedrooms and one bathroom with two doors; Washer and dryer set‑ups included with the units
More about this property
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