622 S Wright St Siloam, Siloam Springs, AR 72761

Building Details

Year Built

1996

Listing office Keller Williams Market Pro Show Phone

Listing date May 21, 2026

Source Thebrokerlist

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Overview

This Siloam Springs multifamily property presents an investment opportunity, featuring approximately 3,029 square feet across four rental units. The unit mix includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month. One unit is currently vacant. Current rental rates range from $650 to $1,200 per month. Recent improvements include updated cabinetry in each unit. While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout. Located approximately 350 feet from South Mt. Olive and approximately 0.5 miles from US Hwy-412, the property provides access to shopping, schools, and major transportation.

Suggested Use

Kitchen & Bath Showroom Nursing Home Furniture & Home Goods Travel Agency Accounting Firm Tattoo & Piercing Shop Pet Grooming Service Florist Catering Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Siloam Springs

County

Benton

State

Arkansas

Longitude

-94.542724

Latitude

36.179432

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FAQs

What type of property is this?

Multifamily property - Multifamily property with strong income potential in Siloam Springs.

Where is this multifamily property located?

The property is located at 622 S Wright St Siloam Siloam Springs, AR.

What is the asking price?

The asking price for this property is $310,000.

What are key features of this property?

This property features: Strong income potential from four rental units; Three units are currently occupied, providing immediate income; One vacant unit offers additional upside potential