Excellent investment opportunity in Siloam Springs featuring +/- 3,029 SF across four rental units with strong income potential. The property includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month, while one unit is currently vacant, creating additional upside potential. Current rental rates range from $650 to $1,200/mo. Recent improvements include updated cabinetry in each unit. While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout for tenants. Conveniently located just 350' from S Mt. Olive and approx. 0.5 miles from US Hwy-412, the property offers convenient access to shopping, schools, and major transportation, making it an attractive Northwest Arkansas investment opportunity.
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Listing Snapshot
Price
$310,000
Days On Site
6 Days
Bedrooms
N/A
Inside Area (SqFt)
3,029 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.28 Acres
Year Built
1996
MLS® Number
1347919
Status
Active
Property Tax
$2,978
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Owner
Friends & Family
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Recent Activity
6 days ago
Listing first seen on site
6 days ago
Listing updated with changes from the MLS®
General Features
Acres
0.28
Disclosures
SellerDisclosure
Foundation
Slab
Levels
Two
Number Of Stories
2
Parking
On StreetDrivewayUnpavedPaved
Property Sub Type
Quadruplex
SqFt Total
3029
Style
Traditional
Utilities
Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
Water Source
Public
Interior Features
Appliances
Electric OvenElectric RangeGas Water HeaterMicrowaveRefrigeratorOven
Basement
Crawl SpaceNone
Cooling
Window Unit(s)
Fireplace Features
None
Flooring
CarpetTileVinyl
Heating
OtherSpace Heater
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Exterior Features
Construction Details
Stucco
Fencing
Partial
Lot Features
Corner LotCity LotLevel
Patio And Porch
CoveredPorch
Roof
Shingle
Community Features
HOA Fee Frequency
Monthly
Roads
Paved
School District
Siloam Springs
Schools
School District
Siloam Springs
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Salmonsen Group Realtors of Keller Williams Market Pro Realty Bentonville West
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