For Sale Multi-Family MLS# 26024396

2012 Martin Street

Conway, AR 72034-0000

$495,000

About 2012 Martin Street

Income-producing multi-family property in the heart of Conway! Could utilize space as approximately eight apartments. This unique investment opportunity features multiple residential units totaling approximately 5,187 square feet on a 0.32-acre lot. Conveniently located near downtown Conway, the University of Central Arkansas, shopping, dining, and major employment centers, this property offers strong rental demand and excellent cash-flow potential. The versatile floor plan provides multiple living spaces, ample parking, and the flexibility for long-term rentals, student housing, or workforce housing. Bathtubs are currently sheet rocked over due to use as a daycare. Owner is willing to uncover and put back to full bathrooms. Could be used for office space as well. Historic character combined with investment potential makes this an excellent addition to any real estate portfolio. In years past is was a Fraternity house and most recently a daycare. Whether you’re a seasoned investor or looking to expand your rental holdings, this property offers a rare opportunity in one of Central Arkansas’s most desirable rental markets.

Property details

Property

Type
Fourplex
MLS type
MultiFamily
Status
Active
Year built
1938
Living area
5,187 sqft
Price / sqft
$95
Lot
0.32 AC
Original price
$750,000
MLS #
26024396

Location

Subdivision
Boulevard
County
Faulkner
Directions
From Dave Ward turn on Donaghey turn right on Martin St and property is on the left.

Location

Neighborhood
Boulevard

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Questions on 2012 Martin Street, or want to see it in person?

Listed by Jennifer Williams, Century 21 United

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.