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$174,000
26035684 MLS
Income producing duplex w/ strong cash flow, established tenants (month to month) and numerous updates. The property has been priced to reflect its age & current condition, giving the next owner the flexibility to make improvements according to their own investment strategy or owner owned and rent out other side for income. One side is a studio apartment w/11' ft tongue & groove ceiling in main area & KIT w/drop down ceiling, galley style with stackable W/D & water heater. Updates in 2024: Mini split, gas range, refrigerator. Other side is 2BR/1BA 11' bead board ceiling w/ laundry room. Updates 2024: KIT-cabinets, gas range, refrigerator, DW, granite, French door. BA- Remodeled completely, shower pan, ceramic tile, pedestal sink, new floor joists. LR/BR/Hall LVP flooring and mini split. Water is paid by landlord-average 70.90/mo, electric & gas paid by tenants-separate meters. Plumbing updated under house. Previous owner replaced windows 2022/2023. Roof is approx. 5-6 yrs old. New front doors 2024. Walking distance to downtown. Annual expenses include: lawn, water, taxes, insurance, termite & pest control. 24 HOUR Notice to show. See Agent Remarks.

1030 Clifton St., Conway

$495,000
26024396 MLS
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.

2012 Martin, Conway

$2,100,000
25015582 MLS
Financials available upon request from the listing agent. This 19-unit multifamily complex is offered for sale in a prime location near Hendrix College, The Village at Hendrix, and downtown Conway. Seventeen of the nineteen units have been updated with durable, low-maintenance wood-look tile flooring and coordinated interior paint. The property has seen significant improvements, including a new roof installed in 2021, updated exterior columns, and fully renovated corridors with new doors, fresh paint, modern flooring, and upgraded lighting. The landscaping has been replaced with low-maintenance rock, enhancing curb appeal while reducing upkeep. Additional exterior updates include freshly painted unit doors with new numbering, upgraded water shutoffs with ball valves, and new energy-efficient LED lighting at all front entrances. The complex is fully occupied and has a history of minimal maintenance requirements, making it an excellent turnkey opportunity for investors seeking reliable, passive income.

1839 Tyler, Conway