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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.
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
Amenities
Monthly Cost Estimate
$1,658/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
622 S Wright Street
Siloam Springs, AR 72761
CRANES ADD-SILOAM SPRINGS
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
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.



