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300 E 20th Texarkana Ar 71854, Texarkana, AR 71854

  • $200,000

  • 4

    bed

  • 4

    bath

  • 2,384

    Sqft ($84/Sqft)

Multi-family for sale 128 days
$15K price drop
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About 300 E 20th Texarkana Ar 71854

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Lot size 0.28 Acre
Rental estimate
Property description
BACK ON MARKET AT NO FAULT OF SELLER OR PROPERTY! Income-Producing Duplex with Value-Add Potential (Near 1% Rule) Check out this duplex offering immediate rental income plus upside through a potential third efficiency unit. The property features two fully occupied units (front and back), generating $1,925/month in total rent, positioning this opportunity close to the 1% rule for investors seeking strong cash-flow metrics. The front unit has been updated with durable vinyl plank flooring throughout, while the back unit features low-maintenance stained concrete floors. Both units offer spacious kitchens with plenty of room for a breakfast table. All appliances convey with the property. Each unit includes over 1,000 square feet, 2 bedrooms and 2 full bathrooms, including a primary suite with 2 walk-in closets. Hall baths feature tub/shower combinations, and primary baths include stand-up showers. Living areas include fireplaces that have been capped and are not currently operational. Outdoor spaces add tenant appeal, with a private patio for the front unit and a screened patio with fenced yard for the back unit. A detached garage with storage and covered parking is very attractive to tenants. Value-Add: The detached structure previously functioned as an efficiency apartment and still has some plumbing and electrical in place, presenting the potential to reestablish a third income-producing unit (buyer to verify). Photos reflect the occupied front unit and back unit prior to current tenant occupancy. To close w/ Mandy @ Twin City Title. $1,000 Earnest Money required.
Listed by
Listing Agent - Sarah Sealy
Listing Agent Contact: 8707746101
Listing Office - Griffin Realtors
Source: Texarkana Board of REALTORS® mls logo
MLS#204558 • last updated 2 weeks ago
Movoto checked Texarkana Board of REALTORS® for data 12 minutes ago
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Overview
Cooling/AC Central Air
Heating Central, Electric
Levels/Style One, Cottage, 1
Virtual Tour External Link
MLS # 204558
Status Active
SubType Duplex
Living Area 2384
Lot Size (SqFt) 12196.8
Year Built 1980
Interior
Total # of Bathrooms 4
Total # of Bedrooms 4
Laundry Electric Dryer Hookup, Laundry Closet, Washer Hookup
Flooring Concrete, Luxury Vinyl
Appliances Dishwasher, Electric Range, Refrigerator, Water Heater
Interior Features Ceiling Fan(s)
Exterior
Foundation Slab
Roof Composition
Construction Brick
Parking 1 Per Unit, Garage
Amenities / Utilities
Sewer/Septic Public Sewer
Water Source Public
Location
Subdivision Montgomery
Elem School District Texarkana AR
Middle School District Texarkana AR
High School District Texarkana AR
Directions State Line To E. 20th, Then Go About 3 Blocks. Property On The Right.
Multifamily Details
Total # Of Units 2
Lot/ Land Details
Road Frontage City Street
Road Surface Concrete
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AR
  • Miller County
  • Texarkana
  • 71854
  • Smith Burke Historic District
  • 300 E 20th Texarkana Ar 71854

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