Movoto Real Estate
Search
About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest
Sold on 05/07/2023

501 W 12th Ave, Pine Bluff, AR 71603

$339,000

Last sold 05/07/2023 for $227K

  • —

    bed

  • —

    bath

Multi-family not for sale
Learn about Pine Bluff's top local Real Estate agents

About 501 W 12th Ave

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 4,792 Sqft
Movoto estimate
Rental estimate
Property description
Investment Opportunity! Phenomenal multi-family property located at 501 West 12th Avenue, Pine Bluff. This fantastic building has been recently renovated and offers six 2 bedroom, 1 bathroom units ranging from 600-650 square feet. Five of the six units are currently occupied, with the sixth unit in the process of being remodeled. Enjoy the convenience of central heat and air, with 8 parking spots to accommodate your tenants. Contact us today to book a viewing and start collecting rental income!
Listed by
Listing Agent - Wes Brown
Listing Office - Re/Max Platinum
Source: CAR MLS mls logo
MLS#23003331 • last updated 3 years ago
Movoto checked CAR MLS for data 7 minutes ago
Overview
Levels/Style Traditional
Status Sold
SqFt 4640
Type Multi-Family
SubType Apartments
MLS # 23003331
Lot Size (Acres) 0.11
Annual Taxes 1325
Listing Agent Contact Wes@realestatepro.online, 870-209-4628
Listing Office Contact 870-534-2823, Wes.brown@remax.net
Listing Office Re/Max Platinum
New Construction? No
Year Built 1979
Listing Agent Wes, Brown
Interior
Kitchen Free-Standing Stove, Refrigerator-Stays
Flooring Vinyl
Exterior
Foundation Slab
Exterior Brick & Frame Combo
Roofing Other (see Remarks)
Garage/ Parking Four Car Or More
Lot Desc Sloped
Amenities / Utilities
Utilities Electric-Municipal, Sewer-Public, Water-Public
Location
County Jefferson
Area PINE BLUFF (CENTRAL)
Subdivision Scull JH
Directions From I-530 Take The Olive Street Exit Towards Wal Mart, Proceed Down Olive And Turn Left On West 12th, The Apartment Complex Will Be The First Building On The Right After Turning On West 12th
Zoning B-4
Multifamily Details
2-BR: Max Rent 650
2-BR: Min Rent 490
Tenant Pays All Utilities
2Br # Of Units 6
Total # of Units 6
Expenses Include Insurance, Management, Trash
Annual Operating Expenses 6700
Annual Income 25036
Lot/ Land Details
Road Surface Paved
$339K
Range: $247K-$430K
Last 30 days 
Rental est.: $775/month
Gross rent multiplier: 24.4
  • Dec 2023
    mls logo MLS # 23036885
  • Dec 5, 2023 Expired
    —
  • Nov 15, 2023 Listed
    $370,000 (+63.0%)
  • May 2023
    mls logo MLS # 23003331
  • May 7, 2023 Sold
    $227,000 (-21.5%)
  • Mar 10, 2023 Under Contract
    —
  • Feb 21, 2023 Price Change
    $289,000 (-25.9%)
  • Feb 2, 2023 Listed
    $390,000
  • Year Property taxes Tax assessment
  • 2023
    $1,602 +20.7%
    $47,760 +120.91%
  • 2022
    $1,327
    $21,620
  • 2021
    $1,327
    $21,620
  • 2020
    $1,327
    $21,620
  • 501 W 12th Ave
    $227K
  • Pine Bluff (central)
    —
  • 71603
    $129K -5% y/y
  • Pine Bluff
    $118K +10% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
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.

Around Pine Bluff (central)

Explore everything this neighborhood has to offer.
View homes for sale in 71603, AR
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby homes for sale in Pine Bluff, AR

Newest listings in 71603

  • Real Estate
  • AR
  • Jefferson County
  • Pine Bluff
  • 71603
  • 501 W 12th Ave
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Arkansas MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Cooperative Arkansas Realtors MLS Inc Multiple Listing Service™ system
The real estate listing data marked with this icon come from Cooperative Arkansas Realtors MLS Multiple Listing Service™ system. The IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.Information deemed reliable, but not guaranteed.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.