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
- Appliances: Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Cooktop, Washer
- Basement: No
- Flooring Type: Luxury Vinyl Plank
- Interior: See Remarks
- Parking: Parking Lot
- Exterior: Concrete Driveway
- Heating: Electric
- Cooling: Electric
- List Price: $5,300,000
- Price/SqFt: $237
- Annual Tax Amount: $12,087
- Tax Year: 2024
- Lot: Business District, Cleared
- Directions: From Huntsville Rd in Springdale, go south on Berry St. Property is the third and fourth parcels on the east side of Berry St.
- Year Built: 2001
- Stories: 2
- Living Area: 22,323 SqFt
- Lot Size: 1.89 Acres
- 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: 5/31/2025, 6:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,300,000
305 Berry St
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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. The most common type of family is married, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Forever 21
Books-a-Million
Burlington
Where do the neighbors go to eat?
Dominos Pizza
Church's Chicken
Popeyes
What do the neighbors drive?
Mazda
Toyota
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits- Adult Hits
Urban Contemporary
Frequently asked questions
Living in Springdale, AR
Transportation in Springdale is facilitated by a network of roads and highways that connect the city to the surrounding areas, making commuting and travel convenient for residents. Public transit options are available, providing essential connectivity within the city and to neighboring communities. The city is also accommodating to pedestrians and cyclists, with certain areas offering enhanced walkability and bike-friendly routes. While ride-sharing services are present, specific schedules and frequency of public transportation services can vary, and residents are encouraged to consult the latest transit information for up-to-date details.
The city of Springdale provides a comprehensive array of services to its residents. The educational system includes multiple public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare is accessible through local clinics and a regional hospital that offers a range of services from emergency care to specialized treatments. The public library system serves as a resourceful hub for learning and community engagement. Retail and dining establishments reflect the local culture, with an emphasis on supporting small businesses.
Springdale is celebrated for its community spirit and family-friendly atmosphere. The city prides itself on its local parks, recreational facilities, and annual cultural events that bring residents together. The downtown area exudes a quaint charm, with local businesses and eateries contributing to the city's unique character. Springdale's cultural identity is further enriched by its history and the presence of several landmarks that are integral to the community.
Springdale's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. Single-family homes are the most prevalent, reflecting a variety of architectural styles from classic ranch to contemporary designs. The housing stock includes both established properties and newer constructions, with a significant portion built in the late 20th century. The homeownership rate in Springdale is robust, with a majority of residents owning their homes, while a substantial segment of the population opts for renting.
About 305 Berry St
The listing price of 305 Berry St property is $5,300,000.
The property 305 Berry St is a condo located in Springdale, Arkansas, 72764.
Active Listing: 305 Berry St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 305 Berry St are: Jones Elementary School (GreatSchools Rating 5/10), Elmdale Elementary School (GreatSchools Rating 3/10), Parsons Hills Elementary School (GreatSchools Rating 5/10), Lisa Academy Springdale (GreatSchools Rating 7/10), J.O. Kelly Middle School (GreatSchools Rating 4/10), Helen Tyson Middle School (GreatSchools Rating 6/10), Haas Hall Academy Jones Center (GreatSchools Rating 9/10), Springdale High School (GreatSchools Rating 4/10), Southwest Junior High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $12,087 (source: MLS/based on county public records data).
The last sale was on April 30, 2014 for $42,000 (source: MLS/tax record).
The property at 305 Berry St has 0 bathroom.
The property 305 Berry St is 22,323 SqFt (source: MLS/tax record).
The year of construction for 305 Berry St is 2001.
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 $5,300,000.
Springdale, AR housing market in April 2025 saw over 17 listings sold above listed price, more than 28 sold at listed price and over 36 sold below. Between March and April 2025, Springdale, AR real estate market has seen decrease in the number of listings by 0.9%. In April 2025 median list price was $325,000 and the average listing age was 69 days.