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$199,900

For Sale

2 hours ago

1000 Walnut, Newport, AR

Condo

MLS® 26033861

0 Bed

0 Bath

2656 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 2656 sqft
Garage 
HOA Fees 
Taxes $696
Days Active 0
Approx. Age 1940
Avg. Price Per Sqft $75
MLS® Number 26033861

Property Address: 1000 Walnut, Newport, AR, 72112

Average square foot calculated using Size range provided by listing agent.

Description

Unique opportunity to acquire a 10-unit apartment building with significant rental upside and an attractive value-add profile. The property features a unique and efficient unit mix, with two 2-bedroom, 1-bath units and eight individual rooms for rent. The property is currently generating $3, 045 per month in rental income, while the projected rent roll at full occupancy is approximately $4, 840 per month—representing $1, 795 per month in additional potential rental income, or approximately $21, 540 in annual upside. With multiple units and a diversified tenant mix, the property offers an investor an opportunity to increase cash flow through lease-up and rental-rate optimization. The existing configuration provides a broad range of housing options, from larger 2-bedroom units to more affordable 1-bedroom spaces. Whether you're an experienced multifamily investor, looking for a house hack, or looking to add your first apartment asset to your portfolio, this property offers a compelling combination of existing income and meaningful upside. Please see attachments for additional information.
MLS® Number26033861
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1940
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral Heat-Gas
A/CCentral Cool-Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 19, 2026List Date
$199,900List Price
  • Commute

Commute

Starting Address
Destination Address
1000 Walnut, Newport, AR

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