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. 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.
Active
Price cut: $100K (10/14)
$395,000
2012 Martin St, Conway, AR 72034
--beds
--baths
5,187sqft
Quadruplex
Built in 1938
-- sqft lot
$-- Zestimate®
$76/sqft
$-- HOA
What's special
Ample parkingVersatile floor planMultiple living spaces
- 141 days
- 266
- 14
Zillow last checked:
Listing updated:
Listed by:
Jennifer R Williams 901-335-5865,
Century 21 United 501-223-2521
Source: CARMLS,MLS#: 26024396
Facts & features
Interior
Appliances
- Included: Built-In Range, Free-Standing Range, Microwave, Electric Range, Dishwasher, Disposal, Plumbed For Ice Maker, Exhaust Fan, Gas Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Pantry, Sheet Rock
- Flooring: Laminate
- Doors: Insulated Doors
- Windows: Insulated Windows
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 5,187
- Total interior livable area: 5,187 sqft
Property
Parking
- Parking features: Parking Pad, Other
Features
- Levels: Three Story
- Patio & porch: Porch
- Fencing: Full,Wood
Lot
- Size: 0.32 Acres
- Features: Level, Subdivided
Details
- Parcel number: 71000926000
- Zoning: Multi Fami
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Quadruplex
Materials
- Metal/Vinyl Siding
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Electric: Electric-Municipal
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Connected, Underground Utilities
Green energy
- Energy efficient items: Doors
Community & HOA
Community
- Features: Manager Apartment
- Security: Smoke Detector(s)
- Subdivision: Boulevard
Location
- Region: Conway
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $609,450
- Annual tax amount: $4,479
- Date on market: 6/17/2026
- Listing terms: Conventional,Cash
- Tenant pays: All Utilities
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,395/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Price change | $395,000-20.2%$76/sqft |
Source:  CARMLS #26024396 Report a problem | ||
| 7/28/2026 | Price change | $495,000-15.4%$95/sqft |
Source: CARMLS #26024396 Report a problem | ||
| 7/14/2026 | Price change | $585,000-22%$113/sqft |
Source: CARMLS #26024396 Report a problem | ||
| 6/17/2026 | Listed for sale | $750,000+74999900%$145/sqft |
Source: CARMLS #26024396 Report a problem | ||
| 5/10/2013 | Sold | $1-100% |
Source: Agent Provided Report a problem | ||
| 7/29/2004 | Sold | $335,000$65/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,480 +9.1% | $88,530 +9.1% |
| 2024 | $4,106 +10% | $81,150 +10% |
| 2023 | $3,733 +5.8% | $73,770 +5.8% |
| 2022 | $3,527 +9.1% | $69,710 +9.1% |
| 2021 | $3,233 +10% | $63,900 +10% |
| 2020 | $2,939 | $58,090 |
| 2019 | $2,939 | $58,090 |
| 2018 | $2,939 | $58,090 |
| 2017 | $2,939 | $58,090 |
| 2016 | $2,939 | $58,090 -0.9% |
| 2015 | $2,939 -0.9% | $58,610 |
| 2014 | $2,966 +2.2% | $58,610 |
| 2013 | $2,901 | $58,610 |
| 2012 | -- | $58,610 |
| 2011 | -- | $58,610 -14.1% |
| 2010 | -- | $68,230 |
| 2009 | -- | $68,230 +9.5% |
| 2008 | -- | $62,320 |
| 2007 | -- | $62,320 |
| 2006 | -- | $62,320 +33.6% |
| 2005 | -- | $46,660 |
| 2004 | -- | $46,660 +10.4% |
| 2003 | -- | $42,260 +1.3% |
| 2002 | -- | $41,700 |
| 2001 | -- | $41,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 72034
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