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20-Unit Apartment Property
New
For Sale
$625,000

501-509 Main Street, Crossett, AR 71635

A downtown residential complex includes separate storage and an on-site laundry facility for residents.

Property SizeContact for details
Days on Market3

Property Features for 501-509 Main Street

General Information

Standard status Active
Property subtype Multi Family Home
Zoning Residentia

Units

Unit Mix 16 x 2BR, 4 x 1BR
Multifamily Units 20

Amenities

storage
washateria

Building Details

Year Built 1940
Buildings 5
Stories 2
Units 20
Listing Agency: Rawls-Campbell Agency
Listed By: Scott Rowe
Source: Diamondcountryrealty
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 11:37AM

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 Rawls-Campbell Agency

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Five buildings at this downtown Crossett property contain 20 apartments: 16 two-bedroom units and four one-bedroom units. The buildings date to 1940, and the property is zoned Residentia.

Separate storage space and a resident laundry facility are also part of the property. The address is 501-509 Main Street in Crossett, Arkansas.

Key Highlights

  • 20 apartments across five buildings
  • Unit mix includes 16 two‑bedroom apartments and four one‑bedroom apartments
  • Resident laundry facility and additional storage on the property

Property Analytics

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby

Demographics for 71635, AR

10,907
Population
5,415
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
90%
High-School Grad
221.6 sq mi
ZIP Area
49
Density / Sq Mi
$48,268
Median Household Income
$33,741
Median Earnings
$647
Median Rent
$93,500
Median Home Value

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?
Apartment building - A downtown residential complex includes separate storage and an on-site laundry facility for residents.
Where is this apartment building located?
The property is located at 501-509 Main Street Crossett, AR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 20 apartments across five buildings; Unit mix includes 16 two‑bedroom apartments and four one‑bedroom apartments; Resident laundry facility and additional storage on the property
More about this property
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