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:$1,999,999
- Price per sq. ft.:$181.82
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 $1,395 per unit.
Expansion Potential: The sale includes 2 build-ready lots that the developer will start building (2) 1,000/sqft cottages on in 2027 plus a third lot capable of housing an additional 4 units (2 duplexes). 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. Owner finance available. Builder will complete the planned turn key additional units at a cost of $140/ft....
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Home facts
- Year built:2021
- Subdivision & Development:Maplewood
- Listing ID #:1091576
- Added:47 day(s) ago
- Updated:October 22, 2026 at 02:19 PM
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:$1,999,999
- Price per sq. ft.:$181.82
- 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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