20-Unit Apartment
New
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 Market4
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
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 25
Last Checked: Aug 27 at 6:06PM
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 multifamily property includes five buildings containing 20 units across 16,916 square feet. The unit mix consists of 16 two-bedroom units and 4 one-bedroom units, providing a defined residential configuration within the complex. The buildings were constructed in 1940.
The property occupies 2.07 acres at 501-509 Main Street in downtown Crossett, Arkansas. Its location within Ashley County places the apartment buildings in an established city-center setting, while the separate-building layout distinguishes the asset from a single-structure apartment property.
The property occupies 2.07 acres at 501-509 Main Street in downtown Crossett, Arkansas. Its location within Ashley County places the apartment buildings in an established city-center setting, while the separate-building layout distinguishes the asset from a single-structure apartment property.
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 size
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-building multifamily property with a mix of one- and two-bedroom units.
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 size
