622 S Wright St

622 S Wright St, Siloam Springs, AR 72761

Property Information

  • For Sale $310,000
  • Property Type Multi-Family
  • Property Size 3,029 SF
  • Units 4
  • Lot Size 0.28 Acre
  • Building Class C
  • Year Built 1996
  • Date Updated Jun 26, 2026

Description

Heading West on U-412 W, turn right onto S Mt. Olive St. In 0.5 miles turn left onto W Harvard St. Then turn right onto S Wright St. The property will be on the left.Excellent investment opportunity in Siloam Springs featuring +/- 3,029 SF across four rental units with strong income potential. The property includes two 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one 3-bedroom, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three units are currently occupied, with one lease secured through October 1 and two operating month-to-month, while one unit is currently vacant, creating additional upside potential. Current rental rates range from $650 to $1,200/mo. Recent improvements include updated cabinetry in each unit. While the property does not feature central HVAC, all units are equipped with window air conditioning units. The property consists of a two-story residence and a detached home, offering a flexible layout for tenants. Conveniently located just 350' from S Mt. Olive and approx. 0.5 miles from US Hwy-412, the property offers convenient access to shopping, schools, and major transportation, making it an attractive Northwest Arkansas investment opportunity.

Highlights

  • Current rental rates range from $650 to $1,200/month
  • Excellent multifamily investment opportunity in Siloam Springs
  • Flexible layout suitable for a variety of tenant needs
  • Strong Northwest Arkansas investment opportunity with income potential
  • Three units currently occupied

Contacts

Location

Located at 622 S Wright St, Siloam Springs, AR 72761, this property is part of the Siloam Springs neighborhood.

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