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16-Unit Apartment Buildings
For Sale
$749,900

215-219 ROSS AVENUE, West Memphis, AR 72301

Residential Income, West Memphis, AR

Property Size18,848 SF
Lot Size0.81 Acres
Price / SF$39.79
Days on Market295

Property Features for 215-219 ROSS AVENUE

General Information

Property type Residential Multi Family
Property subtype Other
Window features Double Pane Windows
Subdivision Lyndon
Elementary school Bragg
Middle school West
High school West Memphis
Standard status Active
APN 37302000000
Size 18,848 SF
Lot size 0.81 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description lot 1-3B
Tax Annual Amount 5528
Legal Description lot 1-3B

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1950
Number of units 16
Building materials Brick
Listing Agency: CARTER REALTY COMPANY
Listed By: Karen Carter · License #PB00038590
Added: Nov 14, 2025 Changed: Sep 3 Last Checked: Sep 5 at 5:06PM
MLS# 43951

Copyright © 2026 Eastern Arkansas REALTORS® Association. 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 property consists of two brick buildings containing 16 units and 18,848 square feet on a 0.81-acre site. Built in 1950, the buildings have completed exterior renovations, while the interiors are positioned for renovation and finish improvements. The configuration provides 8 units in each building.

Located at 215-219 Ross Avenue in West Memphis, Arkansas, the property is served by public water and public sewer. Its existing multifamily layout and separated building configuration provide a defined physical foundation for continued apartment use and interior redevelopment.

Key Highlights

  • 16 total apartment units across two 8‑unit buildings
  • 18,848 square feet of apartment improvements
  • 0.81‑acre site at 215‑219 Ross Avenue, West Memphis, AR 72301

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Real Estate Agency Cafe & Coffee Shop Skin Care Clinic Parking Lot & Garage HVAC Service

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 72301, AR

24,479
Population
11,298
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
84%
High-School Grad
29.5 sq mi
ZIP Area
830
Density / Sq Mi
$41,932
Median Household Income
$30,410
Median Earnings
$848
Median Rent
$119,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Two brick buildings have public utilities and interiors ready for renovation.
Where is this apartment building located?
The property is located at 215-219 ROSS AVENUE West Memphis, AR.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 16 total apartment units across two 8‑unit buildings; 18,848 square feet of apartment improvements; 0.81‑acre site at 215‑219 Ross Avenue, West Memphis, AR 72301
More about this property
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