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About This Home

This 7-bedroom, 5-bathroom residential multi family at 622 S Wright Street in Siloam Springs, AR is listed for $310,000 ($102 per sqft). Built in 1996, the home offers 3,029 sqft of living space on a 0.28 acres lot.

Agent Description

Excellent investment opportunity in Siloam Springs featuring +/- 3,029 SF across four rental units with strong income potential. The property includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms.

Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month, while one unit is currently vacant, creating additional upside potential. Current rental rates range from $650 to $1,200/mo. Recent improvements include updated cabinetry in each unit.

While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout for tenants. Conveniently located just 350' from S Mt. Olive and approx. 0.5 miles from US Hwy-412, the property offers convenient access to shopping, schools, and major transportation, making it an attractive Northwest Arkansas investment opportunity.

Key Features

  • Built in 1996
  • 0.28 acre lot
  • 2 stories

Property Details

2 stories
5 full
1996

Amenities

A/C

Monthly Cost Estimate

$1,658/mo

20% down · 6.5% · 30 years

Principal$224
Interest$1,343
Insurance$90

Estimates only. Actual payments may vary.

Location

622 S Wright Street

Siloam Springs, AR 72761

CRANES ADD-SILOAM SPRINGS

Features & Amenities

Exterior Features

UnpavedDriveway

Property Details

Flooring

CarpetTileVinyl

Construction

Stucco

Pool Features

Porch

Parking

On Street

Heating

Space Heater

Cooling

Window Unit(s)

Appliances

ElectricOvenElectricRangeGasWaterHeaterMicrowaveRefrigerator

Questions & Answers

This 7-bedroom, 5-bathroom residential multi family at 622 S Wright Street is listed at $310,000 ($102/sqft). The estimated monthly payment is $1,343 based on 20% down at 6.5% interest.

Key features include: Built in 1996, 0.28 acre lot, 2 stories. Exterior Features: UnpavedDriveway.

This property is listed by Salmonsen Group Realtors and can be reached at 4793301250 or info@SalmonsenGroup.com.

SR

Salmonsen Group Realtors

Agent at Keller Williams Market Pro Realty Bentonville West

(479) 330-1250

Listed by Keller Williams Market Pro Realty Bentonville West · View on Broker Site

MLS# 1347919· Source: listhub· Updated 13 days ago

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.

622 S Wright Street, Siloam Springs, AR 72761

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