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$ 600,000
Est. payment /mo
Price Dropped by $250K
912/914 W 12th Avenue Pine Bluff, AR 71601
1,998 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,998 sqft
Price per Sqft $300
Subdivision Harding
MLS Listing ID 26009601
Style Traditional
Year Built 1998
Annual Tax Amount $544
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Duplex
Property Description
Investment Opportunity – 4 Duplexes (8 Units) Excellent opportunity to acquire a portfolio of four duplexes totaling 8 rental units located in Pine Bluff, Arkansas. The properties are currently occupied and generate approximately $5,800 per month in gross rental income ($69,600 annually). Property features include newer roofs, a mix of updated interiors, long-term tenants, and tenants paying utilities. Strong occupancy history and consistent cash flow make this an attractive investment opportunity with additional upside through future rent increases and continued improvements. Financial Highlights: • Gross Annual Income: Approximately $69,600 • Property Taxes: Approximately $3,000 annually • Insurance: Approximately $7,200 annually • Tenants Pay Utilities Owner financing available for qualified buyers. Seller prefers to sell as a package deal but would consider selling some properties separately. Cross Reference MLS Listings: 310 / 312 W 11th Ave – MLS #26009600 912 / 914 W 12th Ave – MLS #26009601 4310 / 4312 W Burnett St – MLS #26009608 4314 / 4316 W Burnett St – MLS #26009609 *Price change reflects some duplexes no longer listed for sale now.
Location
State AR
County Jefferson
Area Pine Bluff (Central)
Rooms
Kitchen Free-Standing Stove
Interior
Heating Central Cool-Electric, Central Heat-Electric
Flooring Vinyl
Equipment Free-Standing Stove
Exterior
Parking Features Parking Pads
Utilities Available Sewer-Public
Roof Type Architectural Shingle
Building
Lot Description Level
Foundation Slab
New Construction No
Listed by Hope & Company Realty • Brandi Eubanks