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Sold on 05/06/2019
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2601 S Laurel St, Pine Bluff, AR 71603

$307,000

Last sold 05/06/2019 for $142K

  • —

    bed

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    bath

Multi-family not for sale
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About 2601 S Laurel St

Property type Multi-family
Neighborhood
Year built 1967
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
INVESTOR'S OPPORTUNITY - 12 unit apartments ready for new ownership! Upgrades include 8 new heat/air units. 7 units with 1BR/1Bath currently renting at $450 and 5 Units with 2 BRs/1 Bath currently renting at $550. Current owner pays elec, water & gas monthly. Low operating expenses & low taxes with profits of around $38,000 yearly. Please schedule a day ahead for showing appts.
Listed by
Listing Agent - Becky Bilgischer
Listing Office - Century 21 United - White Hall
Source: CAR MLS mls logo
MLS#19007635 • last updated 7 years ago
Movoto checked CAR MLS for data 3 minutes ago
Overview
Levels/Style Traditional
Status Sold
SqFt 6150
Type Multi-Family
SubType Apartments
MLS # 19007635
Annual Taxes 1559
Listing Agent Contact Becdgish@hotmail.com, 870-718-8122
Listing Office Contact 870-534-3800, Firstgroup@cablelynx.com
Listing Office Century 21 United - White Hall
New Construction? No
Year Built 1967
Listing Agent Becky, Bilgischer
Interior
Kitchen Free-Standing Stove, Disposal, Refrigerator-Stays
Flooring Tile
Walls Sheet Rock
Interior Features Hot Water Heater-Gas
Ceiling Sheet Rock
Exterior
Foundation Slab
Exterior Brick
Roofing Composition
Garage/ Parking None
Exterior Features Dumpster
Lot Desc Level, Corner Lot
Amenities / Utilities
Utilities Electric-Municipal, Gas-Natural, Sewer-Public, Water-Public
Location
County Jefferson
Area PINE BLUFF (SOUTH CENTRAL)
Subdivision Austin & Taylor
Directions From I-530, Take Olive Street Exit, Travel North To 26th Avenue, Turn Left Onto W. 26th, Travel One Block & Apt Bldg Will Be On Your Left.
Zoning R
Multifamily Details
2-BR: Max Rent 600
2-BR: Min Rent 550
1-BR: Max Rent 500
Tenant Pays Other (see Remarks)
1-BR: Min Rent 450
2Br # Of Units 5
1Br # Of Units 7
Total # of Units 12
Expenses Include Taxes, Insurance, Management, Electric, Gas, Water/Sewer
Annual Operating Expenses 32700
Annual Income 70800
Lot/ Land Details
Road Surface Paved
$307K
Range: $58.3K-$555K
Last 30 days 
Rental est.: $775/month
Gross rent multiplier: 15.3
  • Nov 2019
    mls logo MLS # 19020456
  • Nov 12, 2019 Withdrawn
    —
  • Jun 21, 2019 Listed
    $165,000 (+15.8%)
  • May 2019
    mls logo MLS # 19007635
  • May 6, 2019 Sold
    $142,500 (-23.0%)
  • Mar 7, 2019 Listed
    $185,000
  • Year Property taxes Tax assessment
  • 2023
    $163 -83.0%
    $2,410 -84.56%
  • 2022
    $958 -20.1%
    $15,610 -20.11%
  • 2021
    $1,199 -23.1%
    $19,540 -23.16%
  • 2020
    $1,560
    $25,430
  • 2601 S Laurel St
    $142K
  • Pine Bluff (south Central)
    —
  • 71603
    $129K -5% y/y
  • Pine Bluff
    $118K +10% y/y
No chart available
Statistics calculated by Movoto

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2/10
Matthews Elementary School
public Grades PK, K-4
4/10
Robert F Morehead Middle School
public Grades 5-8
3/10
Dollarway High School
public Grades 9-12
Source: GreatSchools.org © 2026. All rights reserved.

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