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22-Unit Townhome Apartment Complex
New
For Sale
$1,800,000

3200 N Olive Street, Pine Bluff, AR 71603

Each residence has two bedrooms and two-and-a-half baths.

Property Size28,512 SF
Price / SF$63.13
Days on Market3

Property Features for 3200 N Olive Street

General Information

Standard status Active
Size 28,512 SF
Property subtype Commercial / Industrial

Units

Unit Mix 22 x 2BR/2.5BA
Multifamily Units 22

Additional Details

Utilities to Site Yes
Tenant in Place Yes
Listing Agency: Resource Realty
Listed By: Daniel Love
Source: Arprorealty
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 5:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Resource Realty

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Investment Insights

Based on property information with market context.

The apartment property comprises 22 townhomes, each with two bedrooms and two-and-a-half bathrooms. Plumbing and electrical service are already in place for two additional buildings, each planned for four units, which could bring the complex to 30 residences.

The property currently has one vacant townhome. Its Pine Bluff location provides access to downtown and the Pine Bluff Country Club.

Key Highlights

  • 22 townhomes, each with 2 bedrooms and 2.5 baths
  • Plumbing and electricity in place for two additional four‑unit buildings
  • One current vacancy among the 22 existing townhomes

Property Analytics

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Lease Details

22
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

398
Businesses Nearby

Demographics for 71603, AR

30,236
Population
13,997
Households
2.2
Avg Household Size
43
Median Age
24%
College-Educated
90%
High-School Grad
167.8 sq mi
ZIP Area
180
Density / Sq Mi
$51,019
Median Household Income
$35,833
Median Earnings
$859
Median Rent
$116,000
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?
Apartment building - Each residence has two bedrooms and two-and-a-half baths.
Where is this apartment building located?
The property is located at 3200 N Olive Street Pine Bluff, AR.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 22 townhomes, each with 2 bedrooms and 2.5 baths; Plumbing and electricity in place for two additional four‑unit buildings; One current vacancy among the 22 existing townhomes
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