# 1000 Walnut, Newport, AR 72112 > **TL;DR:** multi-family, $199,900 ($75/sqft), built 1940, 2,656 sqft. Est. $1,069/mo. Listed 26 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $199,900 | | Price/sqft | $75 | | Square Feet | 2,656 | | Year Built | 1940 | | Lot Size | 5,227 sqft (0.12 acres) | | Stories | 2 | | Property Type | Multi-Family (Apartment) | | Status | Active | | Days on Market | 26 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,011 | | Estimated Insurance | $58 | | **Total** | **$1,069** | ## Property Highlights - Built in 1940 - 0.12 acre lot - 2 stories ## Description ### Agent Description Unique opportunity to acquire a 10-unit apartment building with significant rental upside and an attractive value-add profile. The property features a unique and efficient unit mix, with 2-bedroom, 1-bath units and eight individual rooms for rent. The property is currently generating $3,045 per month in rental income, while the projected rent roll at full occupancy is approximately $4,840 per month - representing $1,795 per month in additional potential rental income, or approximately $21,540 in annual upside. With multiple units and a diversified tenant mix, the property offers an investor an opportunity to increase cash flow through lease-up and rental-rate optimization. The existing configuration provides a broad range of housing options, from larger 2-bedroom units to more affordable 1-bedroom spaces. Whether you're an experienced multifamily investor, looking for a house hack, or looking to add your first apartment asset to your apartment asset to your portfolio, this property offers a compelling combination of existing income and meaningful upside. Please see the attachments for additional information. ## Location - **Address:** 1000 Walnut, Newport, AR 72112 - **County:** Jackson - **Neighborhood:** Park Place - **Coordinates:** 35.599274, -91.276988 - **Google Maps:** https://www.google.com/maps?q=35.599274,-91.276988 ## Listing Agent - **Name:** Dustin Turner - **Brokerage:** eXp Realty LLC - **Phone:** 5019522969 - **Broker Phone:** (888) 854-7493 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1000-Walnut-St_Newport_AR_72112_M98051-55723?f=listhub&s=CARMLS&m=26033861&c=propsimple) ## Photos ![1000 Walnut - Photo 1](http://lh.rdcpix.com/8f5c0c8bc6d8458c6707c7c2f699e5ecl-f3481950694r.jpg) ![1000 Walnut - Photo 2](http://lh.rdcpix.com/8f5c0c8bc6d8458c6707c7c2f699e5ecl-f1727186735r.jpg) ![1000 Walnut - Photo 3](http://lh.rdcpix.com/8f5c0c8bc6d8458c6707c7c2f699e5ecl-f3952124420r.jpg) ![1000 Walnut - Photo 4](http://lh.rdcpix.com/8f5c0c8bc6d8458c6707c7c2f699e5ecl-f4271039774r.jpg) ![1000 Walnut - Photo 5](http://lh.rdcpix.com/8f5c0c8bc6d8458c6707c7c2f699e5ecl-f3618304374r.jpg) ![1000 Walnut - Photo 6](http://lh.rdcpix.com/8f5c0c8bc6d8458c6707c7c2f699e5ecl-f2275238731r.jpg) ![1000 Walnut - Photo 7](http://lh.rdcpix.com/8f5c0c8bc6d8458c6707c7c2f699e5ecl-f3422920281r.jpg) --- **MLS#:** 26033861 | **Updated:** 2026-09-06 **Source:** listhub *Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1000-walnut-newport-ar-72112-26033861) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1000-walnut-newport-ar-72112-26033861#listing", "url": "https://www.propertysimple.ai/listing/1000-walnut-newport-ar-72112-26033861", "name": "1000 Walnut, Newport, AR 72112", "description": "Unique opportunity to acquire a 10-unit apartment building with significant rental upside and an attractive value-add profile. The property features a unique and efficient unit mix, with 2-bedroom, 1-bath units and eight individual rooms for rent. The property is currently generating $3,045 per month in rental income, while the projected rent roll at full occupancy is approximately $4,840 per month - representing $1,795 per month in additional potential rental income, or approximately $21,540 in annual upside. With multiple units and a diversified tenant mix, the property offers an investor an opportunity to increase cash flow through lease-up and rental-rate optimization. The existing configuration provides a broad range of housing options, from larger 2-bedroom units to more affordable 1-bedroom spaces. Whether you're an experienced multifamily investor, looking for a house hack, or looking to add your first apartment asset to your apartment asset to your portfolio, this property offers a compelling combination of existing income and meaningful upside. 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