Property details
About 305 Berry St
The Grove on Berry is fully renovated 42-unit multifamily property in downtown Springdale, AR. This asset presents an exceptional investment opportunity. With high quality interior finishes including full size washers and dryers and no deferred maintenance, this asset offers a true turnkey experience for investors. The property is currently achieving below-market rents, providing a clear path for value appreciation as rental rates align with the growing demand in Springdale. Additionally, its prime location ensures strong tenant appeal, with walkable access to the Razorback Greenway, Downtown shopping and dining establishments, and Luther George Park, offering residents an active and convenient lifestyle. This opportunity presents investors the ability to realize immediate cashflow and exceptional upside. Downtown Springdale has benefited from tremendous investments in new developments, popular food and retail tenants, and several community projects.
Highlights
Summary
- MLS Number: 1304046
- MLS Name: ARKMLS
- Office Name: GREA-Global Realtor Estate Advisors Branch
- Office Email: sean.scott@grea.com
Disclaimer: 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 the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/18/2025, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,400,000
305 Berry St
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 30, 2014 | Home Sold | $42,000 |
Oct 10, 2006 | Home Sold | $1,795,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $233,810 | $12,087 |
2023 | $233,810 | $12,321 |
2022 | $130,840 | $6,232 |
2021 | $130,840 | $5,753 |
2020 | $130,840 | $5,275 |
2019 | $90,770 | $4,783 |
History based on county public records data.
Nearby schools
5
Jones Elementary School
Public District PK-5
0.8 mi
•900 Powell St
3
Elmdale Elementary School
Public District PK-5
1.3 mi
•420 N West End St
5
Parsons Hills Elementary School
Public District PK-5
1.4 mi
•2326 Cardinal Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,272. Most Springdale, AR residents have annual incomes less than $<35k. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
Frequently asked questions
Living in Springdale, AR
About 305 Berry St
This home is located at 305 Berry St in Springdale, AR and zip code 72764. This 22,323 square foot home, which was built in 2001, sits on a 1.89 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $5,400,000.
In March 2025 more than 20 listings in Springdale, AR were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 30 were sold below. The inventory of homes for sale in Springdale, AR between February and March 2025 increased by 11.6%. In March 2025, listings were on the market for 88 days. During the same period, the median list price in this real estate market was $325,333.