Jacksonville Multifamily Investment
917 Ruth Ann Drive, Jacksonville, AR 72076
MULTI_FAMILY - Jacksonville, AR
Property size:
1,721 SFLot size:
0.05 AcresPrice / SF:
$325/SF- Added:
- May 14, 2026
- Days on Market:
- 8
- Last Refresh:
- May 21 at 5:06 pm
Property Features for 917 Ruth Ann Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Interior features
- Washer Connection, Dryer Connection-Electric
- Exterior features
- Partially Fenced, Chain Link, Wood Fence
- Fencing
- Wood, Chain Link, Partial
- Appliances
- Free-Standing Stove, Free-Standing Stove
- Standard status
- Active
- APN
- See Attach Documents
- Size
- 1,721 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 58, Block 0
- Tax Annual Amount
- 4093
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Tile, Carpet - Partial
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Mital Patel (501) 773-7377
Listing office Alethes Realty 220 S Commerce Ave Floor 2, Russellville, AR (479) 968-5668
Listing date May 14, 2026
MLS# 26019514
Listing URL
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HighLights
- Multifamily investment portfolio with stable occupancy history.
- Approximately 6% cap rate based on current income.
- Potential for increased returns through rental adjustments and operational improvements.
- Convenient location near LRAFB, major highways, shopping, and employment centers.
- Mix of 2BR/1.5BA and 3BR/2BA units.
- Washer and dryer connections in units.
Overview
This is a seven-unit multifamily investment portfolio located in Jacksonville, Arkansas, featuring a mix of two-bedroom, one-and-a-half-bathroom and three-bedroom, two-bathroom units. The current gross scheduled income is approximately $56,520 annually. The property is offered at approximately a 6% cap rate based on the current income, with additional upside potential through rental adjustments and operational improvements. The portfolio includes multiple floor plans with a stable occupancy history. There is potential for increased returns through minor cosmetic updates and management improvements. The property's convenient location near Little Rock Air Force Base (LRAFB), major highways, shopping, and employment centers supports long-term rental demand. This is an ideal opportunity for investors seeking cash flow with future appreciation potential. The property size is 1721 square feet and the lot size is 0.05 acres.
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.089577
- Latitude
- 34.858185
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Seven-unit multifamily portfolio in Jacksonville, AR, near LRAFB.
Where is this multifamily property located?
The property is located at 917 Ruth Ann Drive Jacksonville, AR.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Multifamily investment portfolio with stable occupancy history.; Approximately 6% cap rate based on current income.; Potential for increased returns through rental adjustments and operational improvements.
