About This Home

This 25-bedroom, 0-bathroom residential multi family at 96 School ST in Charleston, AR is listed for $2,195,000 ($200 per sqft). Built in 2021, the home offers 11,000 sqft of living space on a 1.39 acres lot.

Key Features

  • Built in 2021
  • 1.39 acre lot
  • 2 stories

Property Details

2 stories
2021

Amenities

A/C
Listing Description

Rarely does a multi-family package of this caliber and consistency become available in the River Valley. This high-performing portfolio in Charleston, AR, features 11 meticulously maintained units across four duplexes and one triplex. Every unit in the portfolio commands a strong market rent of $1,295/month, providing a stable Gross Annual Income o

f $170,940 The Assets: 4 Duplexes (8 - 1,000 sq/ft Units): Modern construction built in 2021, spacious layouts, and high tenant retention. 1 Triplex (3- 1,000/sq/fr Units): Centrally located and upon completion (2026) are expected to fill immediately at $1,295 per unit.

Expansion Potential: The sale includes 2 build-ready lots that the developer will start building 1,000/sqft cottages on in 2027 plus a third lot capable of housing an additional 4 units. This allows the savvy investor to scale the portfolio immediately using existing infrastructure.

This is a turnkey operation from day one. The owner currently provides water and high-speed internet, a strategy that has secured a 100% occupancy rate and a waitlist of prospective tenants. Charleston's growing demand for quality housing and its top-tier school district make this a "legacy" asset for any portfolio. Whether you are looking for stable cash flow or a strategic "buy and build" project, this package offers the best of both worlds. Financials and rent rolls are available upon request to qualified buyers.

Monthly Cost Estimate

$11,739/mo

20% down · 6.5% · 30 years

Principal$1,587
Interest$9,512
Insurance$640

Estimates only. Actual payments may vary.

Location

96 School ST

Charleston, AR 72933

Maplewood

Property Details

Flooring

Vinyl

Outdoor Features

Patio

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

DishwasherDryerMicrowave VentRangeRefrigeratorWasher

Questions & Answers

This 25-bedroom, 0-bathroom residential multi family at 96 School ST is listed at $2,195,000 ($200/sqft). The estimated monthly payment is $11,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2021, 1.39 acre lot, 2 stories.

This property is listed by Ibison Realtors & Co. and can be reached at (479) 434-3000.

IC

Ibison Realtors & Co.

Agent at Keller Williams Platinum Realty

(479) 434-3000

Listed by Keller Williams Platinum Realty · Broker phone: (479) 434-3000 · View on Broker Site

MLS# 1091576· Source: Western River Valley Board of REALTORS®· 19 days on PropertySimple

Copyright © 2026 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

96 School ST, Charleston, AR 72933

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