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Four-Unit Residential Property

401 W 19th Street, Russellville, AR 72801

For Sale
$400,000

Residential, Russellville, AR

Property Size3,804 SF
Lot Size0.58 Acres
Price / SF$105.15
Days on Market104

Property Features for 401 W 19th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 1
Parking features Carport
Exterior features ConcreteDriveway
Appliances ElectricWaterHeater
Subdivision Rsvl By Sections
Lot features Cleared, City Lot
Directions From Hwy 7 south (S Arkansas Avenue), turn west onto W 19th Street. Proceed west on 19th St and past S Commerce and before S El Paso. 401 and 403 W 19th St duplex is located on the left side of the street. Parking is in the driveway. 495 and 497 W 19th duplex is located on the left side of the street. Parking is in the driveway. The two duplexes are side-by-side on W 19th Street.
Standard status Active
APN 860-00191-000C
Size 3,804 SF
Lot size 0.58 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description PT SW NW CITY OF RUSSELLVILLE
Tax Annual Amount 1719
Legal Description PT SW NW CITY OF RUSSELLVILLE

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1976
Floors in Building 1
Number of units 4
Flooring type Vinyl
Building materials Brick
Roof type Shingle, Asphalt
Buildings 2
Listing Agency: Arkansas Real Estate Collective
Listed By: Jamie Dudley · License #SA00076274
Added: Jul 28 Changed: Oct 31 Last Checked: Nov 8 at 11:06AM
MLS# 1357065

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This four-unit residential property consists of two duplex buildings totaling 3,804 square feet on 0.58 acres. The first duplex at 401 and 403 W 19th Street contains 2,204 square feet, with two three-bedroom, one-bath units and one-car carports. The second duplex at 495 and 497 W 19th Street contains 1,600 square feet, with two two-bedroom, one-bath units and one-car carports.

Built in 1976, the property features brick construction, vinyl flooring, central heating, central air, concrete driveways, electric water heaters, and shingle asphalt roofs. The duplexes are located in Russellville, Arkansas, with the listed properties positioned along W 19th Street.

Key Highlights

  • Two duplexes provide four residential units
  • 3,804 square feet across 0.58 acres
  • 401 and 403 W 19th St: 2,204 square feet with 3‑bedroom, 1‑bath units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,458
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,160 $509.2K
Cap Rate 7%
$363,686 $363.7K
Cap Rate 9%
$282,867 $282.9K
Market Conditions
NOI Build-Up for 3,804 SF
Gross rent
$38.8K $10.20/SF
− Vacancy
−$2.4K −$0.64/SF
EGI
$36.4K $9.56/SF
− OpEx
−$10.9K −$2.87/SF
NOI
$25.5K $6.69/SF
Area
Pope County, AR
Vacancy
6.27%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,160
Cap Rate 7%
$363,686
Cap Rate 9%
$282,867

Alternative Uses

Best Use
Multifamily LT 5
$363.7K
$318.2K – $424.3K (±1% cap)
NOI $25,458 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$324.9K
$284.3K – $379.1K (±1% cap)
NOI $22,746 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$607.8K
$531.8K – $709.1K (±1% cap)
NOI $42,544 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 72801, AR

18,510
Population
7,530
Households
2.5
Avg Household Size
29
Median Age
26%
College-Educated
82%
High-School Grad
8.0 sq mi
ZIP Area
2,314
Density / Sq Mi
$42,363
Median Household Income
$22,473
Median Earnings
$837
Median Rent
$153,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Two brick duplexes offer separate residential units with carport parking and central heating and cooling.
Where is this quadplex located?
The property is located at 401 W 19th Street Russellville, AR.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two duplexes provide four residential units; 3,804 square feet across 0.58 acres; 401 and 403 W 19th St: 2,204 square feet with 3‑bedroom, 1‑bath units
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