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About This Home
This 4-bedroom, 4-bathroom residential multi family at 300 E 20th in Texarkana, AR is listed for $218,700 ($92 per sqft). Built in 1980, the home offers 2,384 sqft of living space on a 0.28 acres lot.
Income-Producing Duplex with Value-Add Potential (Near 1% Rule) Check out this duplex offering immediate rental income plus upside through a potential third efficiency unit. The property features two fully occupied units (front and back), generating $1,925/month in total rent, positioning this opportunity close to the 1% rule for investors seeking strong cash-flow metrics.
The front unit has been updated with durable vinyl plank flooring throughout, while the back unit features low-maintenance stained concrete floors. Both units offer spacious kitchens with plenty of room for a breakfast table. All appliances convey with the property.
Each unit includes over 1,000 square feet, 2 bedrooms and 2 full bathrooms, including a primary suite with 2 walk-in closets. Hall baths feature tub/shower combinations, and primary baths include stand-up showers. Living areas include fireplaces that have been capped and are not currently operational.
Outdoor spaces add tenant appeal, with a private patio for the front unit and a screened patio with fenced yard for the back unit. A detached garage with storage and covered parking is very attractive to tenants. Value-Add: The detached structure previously functioned as an efficiency apartment and still has some plumbing and electrical in place, presenting the potential to reestablish a third income-producing unit (buyer to verify). Photos reflect the occupied front unit and back unit prior to current tenant occupancy.
Key Features
- Built in 1980
- 0.28 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,170/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
300 E 20th
Texarkana, AR 71854
Montgomery
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 300 E 20th is listed at $218,700 ($92/sqft). The estimated monthly payment is $948 based on 20% down at 6.5% interest.
Key features include: Built in 1980, 0.28 acre lot, Fireplace. Interior Features: Ceiling Fan(s).
This property is listed by Sarah Sealy and can be reached at 9032776101 or sarah@griffinrealtors.net.








