Property summary
This exceptional multifamily investment property, located at 717 6th St, Charleston, AR 72933, presents a compelling opportunity for savvy investors. The property consists of two well-maintained duplexes, totaling four units, each boasting two bedrooms and one bathroom. Currently operating at 100% occupancy, the property generates a stable income stream with an average monthly rent of $450 per unit. Each unit includes convenient laundry hookups, and residents enjoy small patio areas. The property sits on a sizable lot of approximately 0.25 acres, offering potential for future expansion or development. Classified as a Class C multifamily building, this value-add investment presents significant upside potential through various strategies, including rent increases or property upgrades. The asking price is $200,000, translating to an attractive price per unit of $50,000. This is a rare opportunity to acquire a well-performing, multifamily property in a stable market. The property's strong occupancy rate and potential for increased profitability make it an ideal addition to any investment portfolio. Don't miss this chance to secure a valuable asset in the thriving Charleston, Arkansas market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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