# 515 2nd Avenue, Gravette, AR 72736

> **TL;DR:** single family, $2,200,000 ($152/sqft), built 2027, 14,520 sqft.
> A/C. Est. $9,533/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,200,000 |
| Price/sqft | $152 |
| Square Feet | 14,520 |
| Year Built | 2027 |
| Lot Size | 30,056 sqft (0.69 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,533 |
| **Total** | **$9,533** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2027
- 0.69 acre lot
- 2 stories

## Description

### Agent Description
Purpose-built for the portfolio investor, this brand-new 10-unit multifamily development will deliver turnkey income potential. Each unit offers 1,452 square feet of generously designed living space - a footprint that commands stronger rents and attracts long-term tenants. Situated near Centennial Park and moments from Gravette High School, this development sits in a family-friendly community with genuine residential demand and easy access to the broader Northwest Arkansas growth corridor. With 14,520 square feet of total rentable area under a single R-3 zoned asset, you gain the efficiency of scale without the complexity of a large apartment community. New construction means no deferred maintenance and no capital surprises from day one. Newly constructed multifamily assets in emerging NWA submarkets are increasingly rare - don't miss this one.

## Location

- **Address:** 515 2nd Avenue, Gravette, AR 72736
- **County:** Benton
- **Neighborhood:** Wells Add Gravette
- **Coordinates:** 36.417436, -94.454737
- **Google Maps:** https://www.google.com/maps?q=36.417436,-94.454737

## Listing Agent

- **Name:** Wally Teichmann
- **Brokerage:** Collier & Associates- Rogers Branch
- **Phone:** 4792167158
- **Email:** wally@colliernwa.com

## Primary Photo

![515 2nd Avenue - Primary Photo](http://lh.rdcpix.com/fe5e4cab948814a3a8d8b96f7250ae16l-f592621156r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/515-2nd-avenue-gravette-ar-72736-1351353)*

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**MLS#:** 1351353 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 ArkansasONE MLS. 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.com/listing/515-2nd-avenue-gravette-ar-72736-1351353)

---

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