20-Unit Apartment
For Sale
$625,000
501-509 Main Street, Crossett, AR 71635
Multi-Family, Crossett, AR
Property Size16,916 SF
Lot Size2.07 Acres
Price / SF$36.95
Days on Market36
Property Features for 501-509 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Subdivision
Crossett Original
Lot features
Level, Corner Lot
Directions
Located on Main St
Standard status
Active
APN
706-00651-000
Size
16,916 SF
Lot size
2.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
706-00651-000
Tax Annual Amount
4705
Legal Description
706-00651-000
Amenities
storage
washateria
Building Details
Year built
1940
Floors in Building
2
Number of units
20
Listing Agency:
Rawls-Campbell Agency
(870) 364-3141
Listed By:
Scott Rowe
(863) 944-6969
Added: Aug 24
Changed: Aug 31
Last Checked: Sep 28 at 8:06AM
MLS# 26034424
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 apartment property comprises five separate buildings with 20 units totaling 16,916 square feet. The unit mix includes 16 two-bedroom residences and 4 one-bedroom residences, providing a defined combination of layouts within the property. Built in 1940, the improvements are situated on 2.07 acres.
Additional storage is available on the grounds, along with a washateria intended for resident use. The property is located at 501-509 Main Street in downtown Crossett, Arkansas, within Ashley County.
Additional storage is available on the grounds, along with a washateria intended for resident use. The property is located at 501-509 Main Street in downtown Crossett, Arkansas, within Ashley County.
Key Highlights
- 20 units across five buildings
- Unit mix includes 16 two‑bedroom units and 4 one‑bedroom units
- 16,916 square feet of property area on 2.07 acres
Property Analytics
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Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
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Business Placement
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
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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 - Five-building apartment property with resident storage and an on-site washateria.
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 units across five buildings; Unit mix includes 16 two‑bedroom units and 4 one‑bedroom units; 16,916 square feet of property area on 2.07 acres
