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45-Unit Apartment Community
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3515 Harrison Street, Batesville, AR 72501

Six buildings offer central HVAC, equipped kitchens, laundry facilities, parking, and a mix of one- and two-bedroom units.

Property Size33,350 SF
Lot Size3.00 Acres
Days on Market15

Property Features for 3515 Harrison Street

General Information

Standard status Active
Size 33,350 SF
Lot size 3.00 Acres
Property subtype Multifamily
Zoning R-2
Occupancy 92%
Investment Type Value Add
Net Operating Income $228,182

Units

Unit Mix 23 x 1BR/1BA (550 sf), 2 x 2BR/1BA (750 sf), 20 x 2BR/1BA (950 sf)
Multifamily Units 45

Amenities

central HVAC
fully equipped kitchens
dishwashers
W/D connections
smoke-free units
security system
laundry facility
upgraded landscaping
stainless steel appliances
faux granite countertops
stained concrete floors

Building Details

Year Built 1996
Buildings 6
Units 45
Tenancy Multi
Listing Agency: Brick Real Estate
Listed By: Bryce Richardson · License #000086881
Source: Crexi
Added: Aug 18 Changed: Aug 28 Last Checked: Aug 31 at 7:27AM

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 Brick Real Estate

Investment Insights

Based on property information with market context.

This 45-unit multifamily property spans 3 acres and includes six buildings. The primary building contains 25 units constructed in 1996, while five quadplex buildings were constructed in 2017. The unit mix includes twenty-three 550-square-foot one-bedroom units, two 750-square-foot two-bedroom units, and twenty 950-square-foot two-bedroom units. Apartments feature central HVAC and fully equipped kitchens with dishwashers; two-bedroom units also include washer and dryer connections. Select units have stainless steel appliances, faux granite countertops, and stained concrete floors.

Located at 3515 Harrison Street in Batesville, Arkansas, the property is zoned R-2 and includes a security system, laundry facility, ample parking, and upgraded landscaping. Nearly 50% of the quadplex units have tenants paying their own electricity, and water is individually metered in those buildings. Nearly 50% of the one-bedroom units pay a $35 flat fee for water/sewer and electric. The laundry facility is currently provided without a tenant charge.

Key Highlights

  • 45 market‑rate multifamily units across 6 buildings on 3 acres
  • Unit mix includes 23 one‑bedroom units, 2 two‑bedroom units, and 20 two‑bedroom quadplex units
  • Main building constructed in 1996; 5 quadplex buildings constructed in 2017

Property Analytics

Current Use

Dani's In Home Care ... Hardware & Home Improvement Ramsey Rentals Real Estate Agency 3515 Batesville Apartments Apartment Building

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Hair Salon Auto Parts Store Auto Repair Shop

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

45
Residential units

Location Intelligence

Trade Area within ½ mile

169
Businesses Nearby

Demographics for 72501, AR

26,444
Population
11,246
Households
2.4
Avg Household Size
38
Median Age
19%
College-Educated
87%
High-School Grad
304.1 sq mi
ZIP Area
87
Density / Sq Mi
$53,796
Median Household Income
$33,018
Median Earnings
$818
Median Rent
$129,900
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 - Six buildings offer central HVAC, equipped kitchens, laundry facilities, parking, and a mix of one- and two-bedroom units.
Where is this apartment building located?
The property is located at 3515 Harrison Street Batesville, AR.
What are key features of this property?
This property features: 45 market‑rate multifamily units across 6 buildings on 3 acres; Unit mix includes 23 one‑bedroom units, 2 two‑bedroom units, and 20 two‑bedroom quadplex units; Main building constructed in 1996; 5 quadplex buildings constructed in 2017
(870) 530-7262 Call to check price and availability
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