Two-Home Multifamily
New
For Sale
$275,000
249 & 250 River Drive, Oden, AR 71961
MULTI_FAMILY - Oden, AR
Property Size2,700 SF
Lot Size9.27 Acres
Price / SF$101.85
Days on Market3
Property Features for 249 & 250 River Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2
Parking features
Carport
Interior features
Balcony/Loft, Breakfast Bar, Fan - Ceiling
Appliances
Free-Standing Stove, Microwave, Refrigerator-Stays, Free-Standing Stove, Microwave, Refrigerator-Stays
Subdivision
Oden City Acreage
Lot features
Sloped, Rural Property, River View, Pond, Wooded, Cleared, River/ Lake Area
Directions
Heading West on Hwy 88 - Left on Ouachita, Right on River Dr, 249 River will be on the Left and 250 River Dr will be on the Right.
Standard status
Active
APN
086-00031-001 01
Size
2,700 SF
Lot size
9.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT NW SE N/2 OF THE W 102 YDS
Tax Annual Amount
332
Legal Description
PT NW SE N/2 OF THE W 102 YDS
Building Details
Year built
2004
Floors in Building
2
Number of units
2
Flooring type
Wood, Tile
Architectural style
Craftsman
Listing Agency:
Keller Williams Realty The Bergeron Group
(501) 463-6328
Listed By:
Nancy Bergeron
(817) 879-2853
Added: Aug 3
Changed: Aug 5
Last Checked: Aug 5 at 6:06PM
MLS# 26031497
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 multifamily property encompasses two residences totaling approximately 2,700 square feet on 9.27 acres in Oden, Arkansas. The 2004 main home measures approximately 1,128 square feet and includes three bedrooms, 1.5 baths, a metal exterior, a large deck, and an elevated design with covered parking, storage, or storm-shelter space. The second residence, built circa 1900, contains approximately 1,572 square feet with two bedrooms and one bath and is identified as ready for renovation.
Improvements include a 20x22 carport, 14x20 garage, 20x20 pole shed, and 20x30 pole shed. The partially fenced property has Ouachita River access and entrances from River Drive and Black Cherry Lane. A new survey has been completed. The property is approximately 11 miles from Mount Ida, 28 miles from Mena, and 45 miles from Hot Springs, with Lake Ouachita and the Ouachita National Forest also noted in the surrounding area.
Improvements include a 20x22 carport, 14x20 garage, 20x20 pole shed, and 20x30 pole shed. The partially fenced property has Ouachita River access and entrances from River Drive and Black Cherry Lane. A new survey has been completed. The property is approximately 11 miles from Mount Ida, 28 miles from Mena, and 45 miles from Hot Springs, with Lake Ouachita and the Ouachita National Forest also noted in the surrounding area.
Key Highlights
- Two residences totaling approximately 2,700 square feet
- Main home built in 2004 with 3 bedrooms and 1.5 baths
- Second home built circa 1900 with 2 bedrooms and 1 bath; ready for renovation
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 71961, AR
868
Population
613
Households
1.4
Avg Household Size
52
Median Age
20%
College-Educated
85%
High-School Grad
85.4 sq mi
ZIP Area
10
Density / Sq Mi
$43,389
Median Household Income
$26,354
Median Earnings
$718
Median Rent
$95,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - River access, two residences, and multiple outbuildings create a flexible rural property configuration.
Where is this multifamily property located?
The property is located at 249 & 250 River Drive Oden, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two residences totaling approximately 2,700 square feet; Main home built in 2004 with 3 bedrooms and 1.5 baths; Second home built circa 1900 with 2 bedrooms and 1 bath; ready for renovation
