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505 3rd Ave, Conway, AR 72032

$235,000
•
  • —

    bed

  • —

    bath

Multi-family pending
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About 505 3rd Ave

Property type Multi-family
Neighborhood
Year built 2018
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Rental estimate
Property description
This well-located duplex features 3 bedrooms and 2 bathrooms on each side and is already tenant-occupied, offering immediate rental income. Conveniently located near Downtown, the community center, shopping, restaurants, and everyday amenities, with an easy commute to surrounding areas. A great opportunity to add a solid income-producing property to your portfolio!
Listed by
Listing Agent - Yolanda Hervey
Listing Office - Nelson & Associates
Source: CAR MLS mls logo
MLS#26035899 • last updated 1 month ago
Movoto checked CAR MLS for data 42 minutes ago
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Overview
Levels/Style Traditional
Status Under Con. Before Listed
SqFt 2176
Type Multi-Family
SubType Duplex
MLS # 26035899
Lot Size (Acres) 0.16
Annual Taxes 2320.52
Listing Agent Contact Yolanda.hervey@icloud.com, 501-951-0057
Listing Office Contact 501-329-1000, Office@nelsonassociates.com
Listing Office Nelson & Associates
New Construction? No
Year Built 2018
Listing Agent Yolanda, Hervey
List Team The Hervey Team
Interior
Kitchen Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Flooring Concrete
Exterior
Foundation Slab
Exterior Brick
Roofing Architectural Shingle
Garage/ Parking Parking Pads, Four Car Or More
Lot Desc Level, In Subdivision
Amenities / Utilities
Utilities Sewer-Public, Water-Public, Electric-Municipal
Location
County Faulkner
Area CONWAY SOUTHWEST
Subdivision HAYS ADD
APN 710-03983-000
Directions Heading North On I-40, Take Exit 127 And Turn Left Onto Oak Street. Turn Left Onto 3rd Ave. Destination Will Be On The Right.
Zoning Residentia
Multifamily Details
3-BR: Min Rent 900
Tenant Pays All Utilities
# of 2-Bath Units 2
3-BR: Max Rent 1200
3Br # Of Units 2
Total # of Units 2
Expenses Include Taxes, Insurance, Maint./Lawn Care, Trash, Pest Control
Annual Operating Expenses 7500
Annual Income 22800
Lot/ Land Details
Road Surface Paved
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6/10
Carl Stuart Middle School
public Grades 5-7
Conway School District
4/10
Marguerite Vann Elementary School
public Grades K-4
Conway School District
8/10
Conway Junior High School
public Grades 8-9
Conway School District
6/10
Conway High West
public Grades 10-12
Conway School District
Source: GreatSchools.org © 2026. All rights reserved.

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39/100
Walk
82/100
Family
39/100
Dining
70/100
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