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7-Unit Apartment Building
For Sale
$550,000

422 Mena St, Mena, AR 71953

Commercial / Industrial, Traditional, Mena, AR

Property Size5,408 SF
Lot Size0.32 Acres
Price / SF$101.70
Days on Market321

Property Features for 422 Mena St

General Information

Property type Commercial Sale
Property subtype Other
Exterior features Dumpster
Directions Downtown on Mena St.
Subdivision MENA
Standard status Active
Size 5,408 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Description Block 36 Lot 7-10
Tax Annual Amount 2498
Legal Description Block 36 Lot 7-10

Building Details

Year built 1980
Floors in Building 2
Flooring type Carpet - Partial, Vinyl
Roof type Composition
Architectural style Other
Listing Agency: Holly Springs Real Estate
Listed By: Ryan Lewis
Added: Nov 17, 2025 Changed: Sep 12 Last Checked: Oct 4 at 7:06PM
MLS# 25045949

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 7-unit apartment property contains five one-bedroom residences and two two-bedroom residences within 5,408 square feet. The units offer generous window areas and storage, with carpeting and vinyl flooring throughout portions of the building. Parking is provided, and the property includes a composition roof, dumpster, and 0.32-acre site. Built in 1980, the building currently has tenants in five units.

Located at 422 Mena St in Mena, Arkansas, the property is within walking distance of local amenities and minutes from the area’s mountain bike trails. The apartment configuration, existing occupancy, and bedroom mix provide a clear framework for continued residential income use.

Key Highlights

  • 7‑unit apartment building with five 1‑bedroom units and two 2‑bedroom units
  • 5,408 square feet on a 0.32‑acre lot
  • Tenants currently occupy 5 of the units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential income property with mixed one- and two-bedroom units, on-site parking, and existing occupancy.
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: 7‑unit apartment building with five 1‑bedroom units and two 2‑bedroom units; 5,408 square feet on a 0.32‑acre lot; Tenants currently occupy 5 of the units
More about this property
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