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
Amenities
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
Estimates only. Actual payments may vary.
Location
96 School ST
Charleston, AR 72933
Maplewood
Property Details
Flooring
Outdoor Features
Heating
Cooling
Appliances
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.


