Multifamily

West Memphis, AR Multifamily Properties for Sale

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Marion, AR Proctor, AR Memphis, TN Flippin, AR
16-Unit Apartment Buildings
Updated: Nov 14, 2025
16-Unit Apartment Buildings

215-219, ROSS AVENUE, West Memphis, AR 72301

$749,900
18,848 sqft 0.81 AC lot
16 total apartment units across two 8‑unit buildings
18,848 square feet of apartment improvements
0.81‑acre site at 215‑219 Ross Avenue, West Memphis, AR 72301
Exterior renovations have been completed
Brick construction; built in 1950
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in West Memphis, AR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Vacant Duplex with Updates
Vacant Duplex with Updates

A-324 Gannt St, Marion, AR 72364

$159,000
1,798 sqft

Thermal windows and completed updates support a property requiring final cleaning, cosmetic work, and finishing before occupancy.

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Vacant Two-Unit Duplex
Vacant Two-Unit Duplex

A-310 Gannt St, Marion, AR 72364

$149,000
1,440 sqft

Both units are unoccupied, with thermal windows and renovation work remaining before occupancy.

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51-Unit Apartment Portfolio
51-Unit Apartment Portfolio

347 South Front Street, Memphis, TN 38103

Contact for pricing
53,208 sqft

Two adjacent Memphis properties operate together within the South Main Arts District’s downtown residential and commercial setting.

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Downtown Memphis Commercial Property
Downtown Memphis Commercial Property

345 S Main St, Memphis, TN 38103

Contact for pricing
15,000 sqft

15,000+ SF commercial property in central downtown Memphis.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

3.81 Acre Development Land
3.81 Acre Development Land

3023 Lamar Ave, Memphis, TN 38114

$200,000
3.81 AC lot

3.81 acre parcel suited for Tiny Home or Multifamily development.

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Off-Market Properties in West Memphis, AR

Consider similar Off-Market properties in West Memphis, AR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

211 2nd St
BOARDING/ROOMING HOUSE

211 2nd St, West Memphis, AR 72301-4307

Estimated value:
$150,000
972 sqft 0.24 AC lot
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119 12th St
BOARDING/ROOMING HOUSE

119 12th St, West Memphis, AR 72301-4416

Estimated value:
$195,000
1,790 sqft 0.16 AC lot
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West Memphis, AR Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in West Memphis, AR on our real estate platform. These investment opportunities span a total of 18,848 square feet of properties for sale, with an estimated market value of $749,900.

Sale prices for multifamily properties in West Memphis, AR average $749,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 24K
Population Growth (5Y) -1.2%
Median Household Income $41,932
College Educated 8.9%

High-Yield Neighborhoods for Investment

Identify West Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
72301 $749.9K

Taxes & Financing

Tax Rate (average for all types) 4.75%
Property Tax per SF $91.57 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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