Discover a prime investment opportunity in this 6-unit apartment complex, built in 2020 in Walnut Ridge, Arkansas. Featuring a durable metal roofing and low-maintenance vinyl siding, each unit offers one bedroom, one bathroom, and 100% current occupancy. The apartments showcase practical acid-stained concrete floors and a complete appliance package, including refrigerator, washer, and dryer. The property ensures modern building standards and energy-efficient features, minimizing immediate repair needs. Combined with modern amenities and full occupancy, makes this a standout investment opportunity. Ideal for seasoned investors or those entering the real estate market, this turn-key property offers a low-risk approach to generating consistent rental income and building generational wealth. The blend of contemporary design and practical functionality positions these six units as an exceptional investment with strong potential for continued financial performance.
Active
$349,900
1101 SE Front St, Walnut Ridge, AR 72476
6beds
6baths
3,072sqft
Est.:
Apartment
Built in 2020
-- sqft lot
$-- Zestimate®
$114/sqft
$-- HOA
What's special
- 99 days
- on Zillow |
- 125 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: January 23, 2025 at 10:20pm
Listed by:
Craig Melton 870-351-5355,
ERA Doty Real Estate 870-935-0731
Source: CARMLS,MLS#: 25002209

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Other
Appliances
- Included: Electric Range, Refrigerator, Exhaust Fan, Washer, Dryer, Electric Water Heater
- Laundry: Electric Dryer Hookup
Features
- Ceiling Fan(s), All Units, Sheet Rock
- Flooring: Concrete
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: One
Lot
- Size: 0.26 Acres
- Dimensions: 75 x 150
- Features: Level, Corner Lot, Cleared
Details
- Parcel number: 85001619000C
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Apartment
Materials
- Composition
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Electric: Electric-Co-op
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Underground Utilities
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Ortos Front
Location
- Region: Walnut Ridge
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $2,000
- Annual tax amount: $1,298
- Date on market: 1/17/2025
- Lease term: 12 Months
- Total actual rent: 3450
- Tenant pays: All Utilities
- Road surface type: Paved
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