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2025 Van Buren, Eureka Springs, AR 72632

Eureka Springs
Local realty services provided by:CENTURY 21 First Choice Realty
2025 Van Buren,Eureka Springs, AR 72632
$3,095,000
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  • - Beds
  • - Baths
  • 28,652 sq. ft.
  • Multi-family
  • Active
Listed by: joshua harmon
Office: harmon real estate company
MLS#:1088575
Source:AR_FSBOR

Price summary

  • Price:$3,095,000
  • Price per sq. ft.:$108.02

About this home

The Ravine Apartments represents a rare multifamily opportunity in the heart of Eureka Springs, Arkansas — a fully converted, capital-improved residential portfolio comprising 53 units across four buildings at 2025A, 2025B, 2025C, and 2027 East Van Buren Street. Originally operating as a motel, the property has undergone a complete conversion to long- term residential use under the current ownership, with all buildings receiving new roofs, full electrical upgrades, plumbing, and individual PTAC HVAC units. The portfolio delivers a diverse unit mix of studios, one-bedrooms, and two- bedrooms, each equipped with full kitchens including a stove and refrigerator — a meaningful upgrade relative to kitchenette-only product in the submarket. Individual electric meters per unit limit owner utility exposure to water, sewer, trash, and internet service. An on-site laundry facility serves Building 2025C. Building 2025A, a nine-unit two-bedroom addition, is currently under construction with an...

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Home facts

  • Listing ID #:1088575
  • Added:1 day(s) ago
  • Updated:April 30, 2026 at 05:41 PM

Rooms and interior

  • Flooring:Concrete
  • Living area:28,652 sq. ft.

Heating and cooling

  • Cooling:Electric

Structure and exterior

  • Building area:28,652 sq. ft.
  • Lot area:1.57 Acres
  • Lot Features:City Lot, Subdivision
  • Construction Materials:Block, Concrete
  • Levels:3 or More Stories

Finances and disclosures

  • Price:$3,095,000
  • Price per sq. ft.:$108.02
  • Tax amount:$11,678

Features and amenities

  • Appliances:Electric Water Heater
  • Amenities:Security System, Smoke Detectors

Parking

  • Parking description:Detached Carport, Parking Lot

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