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7-Unit Apartment Building
For Sale
$550,000

422 Mena St, Mena, AR 71953

Multifamily property with varied one- and two-bedroom layouts, on-site parking, and established occupancy in Mena.

Property Size5,408 SF
Price / SF$101.70
Days on Market25

Property Features for 422 Mena St

General Information

Standard status Active
Size 5,408 SF
Property subtype Commercial / Industrial

Units

Unit Mix 5 x 1BR, 2 x 2BR
Multifamily Units 7
Listing Agency: Holly Springs Real Estate
Listed By: Ryan Lewis
Source: Heilesassociatesrealtors
Added: Aug 10 Changed: Aug 29 Last Checked: Sep 2 at 2:02AM

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 Holly Springs Real Estate

Investment Insights

Based on property information with market context.

Built in 1980, this 5,408-square-foot apartment property contains seven units arranged as five one-bedroom apartments and two two-bedroom apartments. Unit features include large windows, storage space, and parking. Five units are currently occupied by tenants.

The property is located on Mena St. in Mena, Arkansas, within walking distance of local amenities and minutes from the Mountain Bike Trails. Its unit mix and existing occupancy provide a clearly defined multifamily configuration for review.

Key Highlights

  • Seven‑unit apartment building with five 1‑bedroom and two 2‑bedroom units
  • 5,408 SF multifamily property built in 1980
  • Five of the seven units currently have tenants

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Barber Shop Locksmith (Bike/Boat/Book/etc) Store Florist Electrical Service

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 71953, AR

14,090
Population
6,924
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
683.9 sq mi
ZIP Area
21
Density / Sq Mi
$52,355
Median Household Income
$31,904
Median Earnings
$743
Median Rent
$144,200
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 - Multifamily property with varied one- and two-bedroom layouts, on-site parking, and established occupancy in Mena.
Where is this apartment building located?
The property is located at 422 Mena St Mena, AR.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Seven‑unit apartment building with five 1‑bedroom and two 2‑bedroom units; 5,408 SF multifamily property built in 1980; Five of the seven units currently have tenants
More about this property
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