Excellent investment opportunity in a prime Conway location! This 15-unit multifamily property features spacious 2-bedroom, 2-bath units, each with its own attached single garage space. The property has been recently remodeled, including new roofs and modern updates throughout. A separate storage building is also located on-site, providing additional functionality and potential income options. With consistent rental demand and strong tenant appeal, this property offers a great opportunity for both seasoned investors and those looking to expand their portfolio.
Active
$3,200,000
575 5th Ave, Conway, AR 72032
--beds
--baths
1,968sqft
Est.:
Triplex
Built in 1996
-- sqft lot
$-- Zestimate®
$1,626/sqft
$-- HOA
What's special
Attached single garage spaceNew roofs
- 48 days |
- 190 |
- 11 |
Zillow last checked: 8 hours ago
Listing updated: November 10, 2025 at 10:19pm
Listed by:
Shannon Kent 501-912-2768,
IRealty Arkansas - Sherwood 501-392-6298
Source: CARMLS,MLS#: 25044105
Tour with a local agent
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Dishwasher
Features
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 1,968
- Total interior livable area: 1,968 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, One Car
- Has garage: Yes
Features
- Levels: One
Lot
- Size: 2.45 Acres
- Features: Level
Details
- Parcel number: 71003942001
- Zoning: C
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Electric: Electric-Municipal
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in List
Location
- Region: Conway
Financial & listing details
- Price per square foot: $1,626/sqft
- Tax assessed value: $1,786,050
- Annual tax amount: $13,486
- Date on market: 11/4/2025
- Tenant pays: Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,933/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Listed for sale | $3,200,000-3%$1,626/sqft |
Source:  CARMLS #25044105 Report a problem | ||
| 9/19/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/15/2025 | Price change | $3,300,000-15.4%$1,677/sqft |
Source: Owner Report a problem | ||
| 7/4/2025 | Listed for sale | $3,900,000$1,982/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,486 +10% | $266,530 +10% |
| 2023 | $12,260 +8.3% | $242,300 +8.3% |
| 2022 | $11,317 +9.1% | $223,660 +9.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$15,022/mo
Principal & interest
$12409
Property taxes
$1493
Home insurance
$1120
Climate risks
Neighborhood: 72032
Nearby schools
GreatSchools rating
- 7/10Bob Courtway Middle SchoolGrades: 5-7Distance: 0.9 mi
- 7/10Conway High WestGrades: 10-12Distance: 2 mi
- 6/10Florence Mattison Elementary SchoolGrades: K-4Distance: 1.4 mi
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