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Four-Unit Multifamily Property

401 & 403 N Conway, Heber Springs, AR 72543

For Sale
New
$369,000

Two duplex-style buildings offer practical layouts across a four-unit residential portfolio.

Property Size1,705 SF
Price / SF$216.42
Days on Market5

Property Features for 401 & 403 N Conway

General Information

Standard status Active
Size 1,705 SF
Property subtype Multi-family

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Road Access Yes

Building Details

Buildings 2
Listing Agency: Crye*Leike Brock Real Estate
Listed By: Boyd Anderson
Source: Heilesassociatesrealtors
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 7 at 1:30PM

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 Crye*Leike Brock Real Estate

Rey
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Investment Insights

Based on property information with market context.

This multifamily property comprises two duplex-style condominium buildings with four units in total. Each residence has two bedrooms and one bathroom, with functional layouts. The buildings have newer roofs and have been well maintained.

The properties are located at 401 & 403 N Conway St and 500 & 502 E Pine St in Heber Springs, minutes from the city park, shopping, and local amenities.

Key Highlights

  • Four units across two duplex‑style buildings
  • Each unit has 2 bedrooms and 1 bathroom
  • Newer roofs are in place

Property Analytics

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Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby

Demographics for 72543, AR

12,175
Population
7,088
Households
1.7
Avg Household Size
50
Median Age
20%
College-Educated
90%
High-School Grad
113.7 sq mi
ZIP Area
107
Density / Sq Mi
$58,145
Median Household Income
$34,067
Median Earnings
$836
Median Rent
$180,300
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?
Multifamily property - Two duplex-style buildings offer practical layouts across a four-unit residential portfolio.
Where is this multifamily property located?
The property is located at 401 & 403 N Conway Heber Springs, AR.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Four units across two duplex‑style buildings; Each unit has 2 bedrooms and 1 bathroom; Newer roofs are in place
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