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Sold on 02/28/2017

4321 S Olive, Pine Bluff, AR 71603

$3,500,000

Last sold 02/28/2017

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 4321 S Olive

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Lot size 7.46 Acre
Rental estimate
Property description
Wonderful investment opportunity with this well maintained multi-unit complex. Great location and well kept grounds make this a must see for serious investors. Income and expense reports available for 2014 and 2015.
Listed by
Listing Agent - Rodney Rodgers
Listing Office - Century 21 United Pine Bluff
Source: CAR MLS mls logo
MLS#16031123 • last updated 9 years ago
Movoto checked CAR MLS for data 1 hour ago
Overview
Levels/Style Traditional
Status Sold
SqFt 81076
Type Multi-Family
SubType Apartments
MLS # 16031123
Lot Size (Acres) 7.46
Annual Taxes 42905
Listing Agent Contact Rodrod@sbcglobal.net, 870-543-9936
Listing Office Contact 870-535-3223
Listing Office Century 21 United Pine Bluff
New Construction? No
Year Built 1970
Listing Agent Rodney, Rodgers
Interior
Kitchen Electric Range, Dishwasher, Refrigerator-Stays
Flooring Vinyl, Wall-to-Wall Carpet
Walls Sheet Rock
Interior Features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric
Ceiling Sheet Rock
Exterior
Foundation Slab
Exterior Brick
Roofing Composition
Garage/ Parking Parking Pads
Exterior Features Dumpster, Pool - Inground
Lot Desc Cleared
Amenities / Utilities
Utilities Electric-Municipal, Gas-Natural, Sewer-Public, Water-Public
Amenities Swimming Pool(s), Manager Office
Location
County Jefferson
Area PINE BLUFF (SOUTH CENTRAL)
Subdivision 22-6-9
Directions From I530 Exit North Onto Olive Street. Go North Approx 15 Blocks. Units Are On The Right.
Zoning CI
Multifamily Details
2-BR: Max Rent 605
2-BR: Min Rent 570
1-BR: Max Rent 525
Tenant Pays Cable, Electric
1-BR: Min Rent 525
2Br # Of Units 76
1Br # Of Units 64
Total # of Units 140
Expenses Include Taxes, Insurance, Management, Water/Sewer
Annual Operating Expenses 673895
Annual Income 866033
Lot/ Land Details
Road Surface Paved
Rental est.: $775/month
Gross rent multiplier: 376.3
  • Feb 2017
    mls logo MLS # 16031123
  • Feb 28, 2017 Sold
    $3,500,000 (-16.7%)
  • Oct 14, 2016 Listed
    $4,200,000
  • Year Property taxes Tax assessment
  • 2023
    $48,958 +20.8%
    $1,356,530 +105.12%
  • 2022
    $40,539 -0.3%
    $661,320 -0.26%
  • 2021
    $40,645 +4.9%
    $663,050 +4.93%
  • 2020
    $38,734
    $631,880
  • 4321 S Olive
    $3.5M
  • 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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