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11-Unit Apartment Portfolio
For Sale
$1,999,999

96 School ST, Charleston, AR 72933

Multifamily, Charleston, AR

Property Size11,000 SF
Lot Size1.39 Acres
Price / SF$181.82
Days on Market49

Property Features for 96 School ST

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 25
Rooms Bedroom 22, Bedroom 21, Bedroom 9, Bedroom 10, Bedroom 4, Bedroom 5, Bedroom 15, Bedroom 3, Bedroom 11, Bedroom 16, Bedroom 13, Bedroom 18, Bedroom 25, Bedroom 6, Bedroom 17, Bedroom 7, Bedroom 20, Bedroom 12, Bedroom 2, Bedroom 23, Bedroom 19, Bedroom 1, Bedroom 24, Bedroom 14, Bedroom 8
Window features Vinyl Frames
Patio and Porch features Patio
Appliances Dishwasher, Dryer, Microwave Vent, Range, Refrigerator, Washer
Subdivision Maplewood
Lot features Cul-De-Sac, Level, South Facing
Elementary school Charleston
Middle school Charleston
High school Charleston
Elementary school district Charleston
Middle school district Charleston
High school district Charleston
Directions Hwy 22 to Charleston, turn onto North School Street (behind Casey's) and 96 N. School St. is on the right. All units and vacant lots are included in the offering.
Standard status Active
APN 008-00546-032
Size 11,000 SF
Lot size 1.39 Acres

Taxes and HOA fees

Tax Description Lots 19-26 Maplewood Charleston Franklin County
Tax Annual Amount 6182
Legal Description Lots 19-26 Maplewood Charleston Franklin County

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air

Building Details

Year built 2021
Floors in Building 2
Number of units 11
Flooring type Vinyl
Roof type Shingle
Listing Agency: Keller Williams Platinum Realty · Keller Williams Realty
Listed By: Ibison Realtors & Co.
Added: Sep 2 Changed: Oct 18 Last Checked: Oct 20 at 1:06PM
MLS# 1091576

Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 11,000-square-foot apartment property contains 11 units across four duplexes and one triplex on 1.39 acres. The duplexes were built in 2021. Unit features include central air, electric central heating, vinyl flooring, patios, and kitchens equipped with ranges, refrigerators, dishwashers, and microwaves; washers and dryers are also listed. Zoning is Residential.

The owner provides water and high-speed internet. The property information reports 100% occupancy and a waitlist. The sale also includes three lots described for future development: two for 1,000-square-foot cottages and a third with capacity for four additional units. These are proposed additions, not existing apartments.

Key Highlights

  • 11 apartment units in four duplexes and one triplex
  • 11,000 square feet on 1.39 acres
  • Duplexes built in 2021

Property Analytics

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Lease Details

11
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

176
Businesses Nearby

Demographics for 72933, AR

4,942
Population
2,555
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
84%
High-School Grad
109.3 sq mi
ZIP Area
45
Density / Sq Mi
$55,625
Median Household Income
$45,980
Median Earnings
$720
Median Rent
$134,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property comprises four duplexes and one triplex, with water and high-speed internet provided by the owner.
Where is this apartment building located?
The property is located at 96 School ST Charleston, AR.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 11 apartment units in four duplexes and one triplex; 11,000 square feet on 1.39 acres; Duplexes built in 2021
More about this property
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