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Colonial Converted Four-Unit Apartment
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915 E 5th St, Texarkana, AR 71854

5,000+ sq ft Colonial with four apartments and character.

Property Size5,012 SF
Price / SF$89.68
Days on Market1277

Property Features for 915 E 5th St

General Information

Standard status Active
Size 5,012 SF
Class B
Property subtype Multifamily
Investment Type Value Add
Net Operating Income $39,180

Building Details

Buildings 1
Stories 2
Units 4
Listing Agency: RE/MAX Preferred Texarkana
Listed By: Brian Henry · License #SA 00076557
Source: Crexi
Added: Feb 20, 2023 Changed: Aug 13 Last Checked: Aug 19 at 5:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Preferred Texarkana

Investment Insights

Based on property information with market context.

This is a 5,000+ sq ft Colonial property that has been converted into a four-unit apartment building. The property retains original wood floors and high ceilings, showcasing old-world character. The property is currently under new management, and the new yearly rents total $39,160.

Key Highlights

  • 5,000 sq ft Colonial converted into a 4‑unit apartment building.
  • Total yearly rents of $39,160.
  • High ceilings and original wood floors.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Computer & Electronic Repair 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.

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby

Demographics for 71854, AR

35,580
Population
16,882
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
269.7 sq mi
ZIP Area
132
Density / Sq Mi
$48,211
Median Household Income
$38,273
Median Earnings
$883
Median Rent
$157,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - 5,000+ sq ft Colonial with four apartments and character.
Where is this quadplex located?
The property is located at 915 E 5th St Texarkana, AR.
What is the asking price?
The asking price for this property is $449,500.
What are key features of this property?
This property features: 5,000 sq ft Colonial converted into a 4‑unit apartment building.; Total yearly rents of $39,160.; High ceilings and original wood floors.
(903) 824-0268 Call to check price and availability
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