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Residential Rental Portfolio with Nine Homes
For Sale
$530,000

504 Roosevelt Street, Star City, AR 71667

MULTI_FAMILY - Star City, AR

Property Size8,231 SF
Lot Size6.00 Acres
Price / SF$64.39
Days on Market50

Property Features for 504 Roosevelt Street

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Exterior features Under Pinning
Lot features Level, In Subdivision, Not in Subdivision, Out of City, City Lot
Directions mutiple properties...504-506 Roosevelt, 407-409 S Drew street, 404 Washington st, 209 E Arkansas, 2569 Autumn Hills rd, 409 W Victory st all in Star City, THEN 130 New Home Cemetery Rd, Pine Bluff in Cleveland county
Subdivision LINCOLN COUNTY
Standard status Active
Size 8,231 SF
Lot size 6.00 Acres

Taxes and HOA fees

Tax Description metes and bounds
Tax Annual Amount 7358
Legal Description metes and bounds

Utilities

Utilities Propane

Building Details

Year built 1970
Floors in Building 1
Roof type Shingle, Metal
Architectural style Ranch, Craftsman
Listing Agency: Heiles and Associates Realtors
Listed By: Michelle Heiles
Added: Jun 24 Changed: Jul 11 Last Checked: Aug 12 at 3:06PM
MLS# 26025339

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 offering is a residential rental portfolio comprised of nine separate homes on approximately six acres. The mix includes six single-family homes and three mobile homes, creating a diversified rental configuration within one ownership. Total building area is listed at 8,231 square feet, supporting an income-oriented residential asset structure.

The property is located at 504 Roosevelt Street in Star City, Arkansas 71667, within Lincoln County. As a single, multi-home package, it offers one point of ownership and management for tenants across multiple dwellings rather than a single-household investment.

For buyers looking for a multi-unit residential acquisition, the existing combination of single-family and mobile home units can support a variety of tenant needs while keeping the asset under one roof. This type of structure may appeal to investors seeking to add or consolidate rental homes into a single portfolio. Due diligence should include verifying the current condition and occupancy status of each unit, as well as reviewing how the mobile homes are supported and serviced as part of the overall property.

Key Highlights

  • Nine income‑producing homes on approximately 6 acres
  • Includes 6 single‑family homes and 3 mobile homes
  • Over 8,231 sq ft of income‑producing property

Property Analytics

Current Use

Single family properties

Lease Details

9
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby

Demographics for 71667, AR

7,203
Population
3,264
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
86%
High-School Grad
276.6 sq mi
ZIP Area
26
Density / Sq Mi
$53,099
Median Household Income
$35,667
Median Earnings
$770
Median Rent
$111,300
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?
Single family property - Portfolio of nine rental residences, including six single-family homes and three mobile homes, on approximately six acres.
Where is this single family property located?
The property is located at 504 Roosevelt Street Star City, AR.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Nine income‑producing homes on approximately 6 acres; Includes 6 single‑family homes and 3 mobile homes; Over 8,231 sq ft of income‑producing property
More about this property
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