96 School Street, Charleston, AR 72933
Local realty services provided by:CENTURY 21 First Choice Realty
Listed by: ibison realtors & co.
Office: keller williams platinum realty
MLS#:1091576
Source:AR_FSBOR
Price summary
- Price:$2,195,000
- Price per sq. ft.:$199.55
About this home
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 of $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....
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Home facts
- Year built:2021
- Subdivision & Development:Maplewood
- Listing ID #:1091576
- Added:1 day(s) ago
- Updated:September 05, 2026 at 01:25 AM
Rooms and interior
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Microwave, Microwave Hood Fan, Range, Refrigerator
- Living area:11,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Architectural, Shingle
- Year built:2021
- Building area:11,000 sq. ft.
- Lot area:1.39 Acres
- Lot Features:City Lot, Cul de Sac, Level
- Construction Materials:Brick, Vinyl Siding
- Exterior Features:Patio
- Levels:1 Story, 2 Story
Schools
- High school:Charleston
- Middle school:Charleston
- Elementary school:Charleston
Finances and disclosures
- Price:$2,195,000
- Price per sq. ft.:$199.55
- Tax amount:$6,182
Features and amenities
- Appliances:Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Blinds, Ceiling Fans, Granite Counters, Smoke Detectors, Vinyl Window
Parking
- Parking description:Parking Lot
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