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29-Unit Apartment Building
For Sale
$849,900

818 W 28th Avenue, Pine Bluff, AR 71603

Multi-Family, Built to Suit, Pine Bluff, AR

Property Size35,000 SF
Lot Size0.83 Acres
Price / SF$24.28
Days on Market131

Property Features for 818 W 28th Avenue

General Information

Property type Residential Multi Family
Property subtype Apartment
Exterior features Guttering, Dumpster, Wood Fence
Fencing Wood
Appliances Built-In Stove, Disposal, Refrigerator-Stays, Built-In Stove, Disposal, Refrigerator-Stays
Subdivision Tomlinson
Lot features Level
Directions From Interstate 530 South, continue onto US-65 South toward Pine Bluff. Take the exit toward West 28th Avenue and continue west approximately 1.5 miles. The property will be located on the south side of W 28th Avenue.
Standard status Active
APN 930-64383-000 & 930-64382-000
Size 35,000 SF
Lot size 0.83 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BLK 4, N 120 FT BLK 4
Tax Annual Amount 1013050
Legal Description BLK 4, N 120 FT BLK 4

Building Details

Year built 1995
Floors in Building 2
Number of units 30
Flooring type Vinyl
Roof type Shingle
Architectural style Other
Listing Agency: ArkBest Realty, Inc.
Listed By: Nathan Hutchins · License ##PB00063530
Added: May 26 Changed: Oct 1 Last Checked: Oct 3 at 7:06AM
MLS# 26021082

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 building contains 35,000 square feet and 29 units on a 0.83-acre parcel. Constructed in 1995, the property includes vinyl flooring, a shingle roof, wood fencing, guttering, and a dumpster. Built-in stoves, disposals, and refrigerators are among the listed in-place appliances.

The property is located at 818 W 28th Avenue in Pine Bluff, Arkansas, at the intersection of W 28th Avenue and Elm. Its existing unit count and building area provide a defined multifamily configuration within the Pine Bluff market.

Key Highlights

  • 35,000‑square‑foot apartment building with 29 units
  • 0.83‑acre parcel at 818 W 28th Avenue
  • Constructed in 1995

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Garden Center Carpet & Flooring Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

29
Residential units

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby

Demographics for 71603, AR

30,236
Population
13,997
Households
2.2
Avg Household Size
43
Median Age
24%
College-Educated
90%
High-School Grad
167.8 sq mi
ZIP Area
180
Density / Sq Mi
$51,019
Median Household Income
$35,833
Median Earnings
$859
Median Rent
$116,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Apartment property with 29 units, vinyl flooring, and on-site exterior improvements in Pine Bluff.
Where is this apartment building located?
The property is located at 818 W 28th Avenue Pine Bluff, AR.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 35,000‑square‑foot apartment building with 29 units; 0.83‑acre parcel at 818 W 28th Avenue; Constructed in 1995
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