Residential Income

Conway, AR Residential Income Properties for Sale

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25 properties
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15-Unit Apartment Building with Garages
Updated: Sep 3
15-Unit Apartment Building with Garages

575 5th Ave, Conway, AR 72032

$1,950,000
14,508 sqft 1.68 AC lot
15 units configured as 3 duplexes and 3 triplexes
Each unit includes 2 beds, 2 baths, a living room, kitchen, and attached garage
14,508 square feet on 1.68 acres
All units are leased, with many long‑term tenants
Built in 1995 with shingle roofs
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Updated Duplex Near Downtown
Updated: Sep 1
Updated Duplex Near Downtown

1030 Clifton St., Conway, AR 72034

$174,000
1,246 sqft 0.17 AC lot
Two residences: one studio and one 2BR/1BA unit
1,246 square feet on a 0.17‑acre lot
2024 updates include kitchen work, appliances, bathroom remodeling, flooring, mini‑splits, and front doors
Roof is approximately 5–6 years old; windows were replaced in 2022/2023
Separate electric and gas meters; landlord‑paid water
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Side-by-Side Duplex Portfolio
Side-by-Side Duplex Portfolio

544-550 Oliver Street, Conway, AR 72034

$410,000
3,760 sqft

Four occupied residential units feature gas laundry connections, kitchen appliances, and a mix of vinyl, tile, and carpet flooring.

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See what stands out in Faulkner County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in
Two-Story Mixed-Use Property
Two-Story Mixed-Use Property

912 Front Street, Conway, AR 72032

$2,450,000
10,000 sqft

Combines a restaurant and bar, private event space, balcony seating, and four finished apartments.

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Updated Duplex with Covered Parking
Updated Duplex with Covered Parking

1005 S German Ln, Conway, AR 72034

$169,900
1,472 sqft

Three-bedroom layout with an open plan, private patio, storage, and recent roof and water-heater replacements.

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Updated Duplex with Metal Roof
Updated Duplex with Metal Roof

1403 Scott, Conway, AR 72032

$343,500
2,852 sqft 0.30 AC lot

Two-unit residential income property with refreshed interiors and in-place appliances for tenant use.

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Two-Unit Ranch Duplex
Two-Unit Ranch Duplex

1006 Clifton Street, Conway, AR 72034

$269,500
2,208 sqft 0.40 AC lot

Two residential units with separate gas service, individual furnaces, and a shared laundry room.

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19-Unit Updated Apartment Complex
19-Unit Updated Apartment Complex

1839 Tyler Street Price Reduced, Price Reduced, Conway, AR 72034

$2,100,000
17,617 sqft

Fully occupied multifamily property with extensive interior and exterior improvements near Hendrix College and downtown Conway.

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Occupied Two-Unit Duplex
Occupied Two-Unit Duplex

820 & 822 Pine Street, Conway, AR 72032

$159,000
1,664 sqft 0.23 AC lot

Corner-lot property with occupied residences and a roof replaced in 2023.

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Updated Apartment Complex
Updated Apartment Complex

1839 Tyler Street, Conway, AR 72034

$2,100,000
17,617 sqft 2.00 AC lot

Multifamily community near Hendrix College, The Village at Hendrix, and downtown Conway.

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Updated Duplex with Two Units
Updated Duplex with Two Units

1030 Clifton St., Conway, AR 72034

$174,000
1,246 sqft

Two apartments offer distinct layouts with separate electric and gas meters for tenants.

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Craftsman Duplex Near UCA
Craftsman Duplex Near UCA

240 Ash Street, Conway, AR 72034

$152,500
1,320 sqft 0.10 AC lot

Two one-bedroom units share a carport and offer a practical mix of laminate and partial carpet flooring.

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Commercial / Industrial, Traditional, Conway, AR
Commercial / Industrial, Traditional, Conway, AR

519 Reedy Road, Conway, AR 72034

$315,000
1,715 sqft 1.34 AC lot

Commercial land · 1,715 SF

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Two-Unit Duplex on Corner Lot
Two-Unit Duplex on Corner Lot

820 & 822 Pine St, Conway, AR 72032

$159,000
1,664 sqft 0.23 AC lot

Occupied residential income property with two units, each offering two bedrooms and one bathroom.

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Leased Duplex with Wood Floors
Leased Duplex with Wood Floors

325 Hereford Street, Conway, AR 72032

$185,000
1,795 sqft 0.25 AC lot

Two residential units offer wood flooring, refreshed paint, updated sewer lines, full fencing, and a shingle roof.

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Commercial Land with Rental Buildings
Commercial Land with Rental Buildings

1803&1803A Meadowlake, Conway, AR 72032

$385,000
2,325 sqft 1.55 AC lot

Two existing rentals accompany a sizable parcel with additional development potential.

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Two-Unit Duplex Near UCA
Two-Unit Duplex Near UCA

240 Ash Street, Conway, AR 72034

$152,500
1,320 sqft

Each residence offers one bedroom, one bathroom, and established long-term tenancy.

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172 Acres of Timber Land
172 Acres of Timber Land

10 Kim Rd., Conway, AR 72032

$1,378,400
172.30 AC lot

172 acres with timber, creek frontage, and home.

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Duplex with Two-Bedroom Unit
Duplex with Two-Bedroom Unit

1006 Clifton St, Conway, AR 72034

$269,500
2,208 sqft

Two-unit layout includes separate gas service and furnaces, with shared laundry facilities and water heating.

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Two-Duplex Investment Portfolio
Two-Duplex Investment Portfolio

544-550 Oliver St, Conway, AR 72034

$410,000
3,760 sqft

Side-by-side duplexes provide four occupied residential units within a downtown housing market.

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Multi-Family
Multi-Family

1803 Meadowlake, Conway, AR 72032

$385,000
2,325 sqft

Multifamily properties · 2,325 SF

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Renovated Apartment Portfolio
Renovated Apartment Portfolio

1608 Cherry Street, Conway, AR 72032

Contact for pricing
60,680 sqft

Three renovated communities feature updated interiors, exterior improvements, and enhanced common areas in downtown Conway.

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Two-Duplex Residential Investment Property
Two-Duplex Residential Investment Property

544 OLIVER ST CONWAY AR 72034, Conway, AR 72034

Contact for pricing
3,760 sqft

Side-by-side duplexes contain four occupied residential units within an R-2A zoning district.

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15-Unit Multifamily Portfolio
15-Unit Multifamily Portfolio

575 5th Ave, Conway, AR 72032

Contact for pricing
14,508 sqft 1.63 AC lot

Six residential buildings offer consistent two-bedroom layouts with private garages for each unit.

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Conway, AR Residential Income Properties Market Trends and Statistics

Explore 41 residential income properties for sale in Conway, AR, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 171,570 square feet of properties for sale, with an estimated market value of $14,091,800.

Sale prices for residential income properties in Conway, AR start at $152,500, averaging $671,038, and reaching up to $2,450,000 — 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

Multifamily properties 25
Duplexes 15
Apartment buildings 6
Single family properties 1
Triplexes 1

Demographics Overview

Population 87K
Population Growth (5Y) +1.6%
Median Household Income $61,582
College Educated 24.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
72032 $540.5K
72034 $633.1K

Taxes & Financing

Tax Rate (average for all types) 4.95%
Property Tax per SF $90.94 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Faulkner County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Faulkner County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Conway fall within the 25,000 to 50,000 square foot range.

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