Multifamily

West Memphis, AR Multifamily Properties for Sale

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Marion, AR Proctor, AR Memphis, TN
16-Unit Apartment Renovation Opportunity
Updated: Nov 14, 2025
16-Unit Apartment Renovation Opportunity

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

$749,900
18,848 sqft · 0.81 AC lot
16‑unit apartment property in West Memphis, AR, made up of two 8‑unit buildings
Brick construction and built in 1950
Public water and public sewer services
Exterior renovations reported as completed, while interiors are ready for renovation
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81-Unit Extended Stay Redevelopment
Updated: May 27
81-Unit Extended Stay Redevelopment

2501 S Service Rd, West Memphis, AR 72301

Contact for pricing
24,432 sqft
81‑unit former extended stay property at 2501 S Service Rd, West Memphis, AR 72301
Built in 1975
Directly adjacent to I‑40 with bridges across the Mississippi River to Memphis, TN less than 5.0 mi away (I‑40 & I‑55 bridges)
Vacant and currently closed, with significant fire damage plus damage from vandalism and vagrancy
Located within 2.0 mi of retail, grocery, and dining options including Chick‑fil‑A, Kroger, and Starbucks
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 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 4 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.

Large Multifamily Property Near FedEx
Large Multifamily Property Near FedEx

179 Vance Avenue, Memphis, TN 38103

$999,000
9,000 sqft

Two-unit multifamily property with parking near FedEx Forum.

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Downtown Memphis Mixed-Use Development Site
Downtown Memphis Mixed-Use Development Site

48 South Front Street, Memphis, TN 38103

Contact for pricing
21,000 sqft · 0.17 AC lot

Prime downtown location with retail and residential development potential.

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Freestanding Downtown Redevelopment Building
Freestanding Downtown Redevelopment Building

122 S Main St, Memphis, TN 38103

Contact for pricing
52,684 sqft

Freestanding building with ground-floor retail and two additional floors, including underground parking, ideal for redevelopment.

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Downtown Memphis Condo For Sale
Downtown Memphis Condo For Sale

107 S Ct Ave, Memphis, TN 38103

$225,000
1,527 sqft

Spacious 2-bedroom, 2-bath condo in the heart of 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

$499,000
3.81 AC lot

3.81 acre parcel suited for Tiny Home or Multifamily development.

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One Acre Lot with Utilities
One Acre Lot with Utilities

Drummonds, TN 38023

$50,000
1.00 AC lot

One-acre lot with septic, water meter, and asphalt driveway.

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Residential Land in Sarah, MS
Residential Land in Sarah, MS

38 Magnolia Circle lot: 38, Sarah, MS 38665

Contact for pricing
1.03 AC lot

Residential land available in Bennett Place S/D, Strayhorn School District.

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Residential Land in Strayhorn District
Residential Land in Strayhorn District

55 Magnolia Circle lot: 55, Sarah, MS 38665

Contact for pricing
1.40 AC lot

1.4 acre residential land suitable for mobile homes.

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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

Value Estimation by Request
972 sqft · 0.24 AC lot
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301 Rainy Pass Rd
Multifamily properties

301 Rainy Pass Rd, West Memphis, AR 72301

Value Estimation by Request
View details
119 12th St
BOARDING/ROOMING HOUSE

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

Value Estimation by Request
1,790 sqft · 0.16 AC lot
View details

West Memphis, AR Multifamily Properties Market Trends and Statistics

Explore 5 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 start at $749,900, averaging $749,900, and reaching up to $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 2

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 $313.3K

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Crittenden County

New Delisted

Total CRE Inventory on Market (SF)

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