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Multifamily Portfolio with Expansion Land
New
For Sale
$2,195,000

96 School ST, Charleston, AR 72933

Multifamily, Charleston, AR

Property Size11,000 SF
Lot Size1.39 Acres
Price / SF$199.55
Days on Market4

Property Features for 96 School ST

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 25
Rooms Bedroom 5, Bedroom 25, Bedroom 24, Bedroom 2, Bedroom 18, Bedroom 8, Bedroom 9, Bedroom 13, Bedroom 7, Bedroom 19, Bedroom 12, Bedroom 1, Bedroom 6, Bedroom 11, Bedroom 16, Bedroom 23, Bedroom 20, Bedroom 17, Bedroom 21, Bedroom 3, Bedroom 22, Bedroom 15, Bedroom 4, Bedroom 14, Bedroom 10
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

Amenities

water provided
high-speed internet provided

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. · License #SA00064559
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 5 at 1:06AM
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.

Investment Insights

Based on property information with market context.

This multifamily portfolio includes 11 units across four duplexes and one triplex, with 11,000 square feet of building area on 1.39 acres. The units are 1,000 square feet each and were built in 2021, with vinyl flooring, central electric heating, central air, patios, and kitchens equipped with dishwashers, dryers, microwave vents, ranges, refrigerators, and washers. The property is zoned Residential and includes shingle roofing throughout.

The owner currently provides water and high-speed internet, and the portfolio is reported at 100% occupancy with a waitlist of prospective tenants. The sale also includes 2 build-ready lots planned for 1,000-square-foot cottages, plus a third lot capable of accommodating 4 additional units. The property is located at 96 School ST in Charleston, Arkansas.

Key Highlights

  • 11 units across 4 duplexes and 1 triplex
  • 11,000 square feet on 1.39 acres
  • Units measure 1,000 square feet each and were built in 2021

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Pharmacy Auto Repair Shop Garden Center

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

11
Residential units

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

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?
Multifamily property - Well-maintained residential portfolio with duplex and triplex improvements, central utilities, and additional lots for future construction.
Where is this multifamily property located?
The property is located at 96 School ST Charleston, AR.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 11 units across 4 duplexes and 1 triplex; 11,000 square feet on 1.39 acres; Units measure 1,000 square feet each and were built in 2021
More about this property
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