8-Unit Apartment
New
For Sale
$285,000
414 S main ST, Brinkley, AR 72021
Multifamily, Brinkley, AR
Property Size6,600 SF
Lot Size0.31 Acres
Price / SF$43.18
Days on Market1
Property Features for 414 S main ST
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
16
Rooms
Bedroom 14, Bedroom 7, Bedroom 11, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 16, Bedroom 5, Bedroom 1, Bedroom 15, Bedroom 12, Bedroom 9, Bedroom 2, Bedroom 13, Bedroom 10
Appliances
Countertop, Oven, Refrigerator
Subdivision
CARTERS FIRST
Lot features
Corner
Elementary school
C.B Partee Elementary School
Middle school
Brinkley
High school
Brinkley High School
Elementary school district
Brinkley
Middle school district
Brinkley
High school district
Brinkley
Directions
From I-40, take Exit 216 toward Brinkley. Continue south on N Main St/US-49 through town. Continue onto S Main Ave; property is located on your right at 414 S Main Ave
Standard status
Active
APN
1101-00711-000
Size
6,600 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Description
E1/2 7,8 & 5.35' E 1/2 6
Tax Annual Amount
819
Legal Description
E1/2 7,8 & 5.35' E 1/2 6
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air, Electric, Window Unit(s)
Building Details
Year built
1969
Floors in Building
2
Number of units
8
Flooring type
Laminate, Vinyl
Roof type
Metal
Listing Agency:
Harmon Real Estate Company
(479) 546-0109
Listed By:
Lindsey Cotton
(479) 719-0344
Added: Oct 6
Last Checked: Oct 6 at 5:06PM
MLS# 1092233
Copyright © 2026 Western River Valley Board of REALTORS®. 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 1969 apartment property contains eight two-bedroom units across 6,600 square feet. Each residence averages roughly 825 square feet and has central heat and air. Interior improvements include tiled showers, vinyl plank flooring, and consistent paint finishes. The building also has a metal roof, replacement PVC plumbing with cleanouts, and a firewall. The property occupies 0.31 acres at 414 S Main Street in Brinkley, Arkansas.
All eight apartments were leased on the August 2026 rent roll. Residents pay their own utilities, and the building is all electric. Operating expenses represented 37.5% of collections in 2025; collections through August 2026 were 98.9% of scheduled rent. A 10.7% cap rate is reported on 2025 operations, with a separate 9.4% figure based on third-party management assumptions.
All eight apartments were leased on the August 2026 rent roll. Residents pay their own utilities, and the building is all electric. Operating expenses represented 37.5% of collections in 2025; collections through August 2026 were 98.9% of scheduled rent. A 10.7% cap rate is reported on 2025 operations, with a separate 9.4% figure based on third-party management assumptions.
Key Highlights
- Eight two‑bedroom apartments in a 6,600‑square‑foot building
- Each unit averages roughly 825 square feet
- 0.31‑acre site in Brinkley, Arkansas
Property Analytics
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Current Use
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Explore this area
Business Placement
Demographics for 72021, AR
3,586
Population
1,968
Households
1.8
Avg Household Size
46
Median Age
13%
College-Educated
83%
High-School Grad
194.2 sq mi
ZIP Area
18
Density / Sq Mi
$39,110
Median Household Income
$35,213
Median Earnings
$590
Median Rent
$83,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight two-bedroom residences feature renovated interiors, electric service, and a metal roof.
Where is this apartment building located?
The property is located at 414 S main ST Brinkley, AR.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Eight two‑bedroom apartments in a 6,600‑square‑foot building; Each unit averages roughly 825 square feet; 0.31‑acre site in Brinkley, Arkansas
