$2,850

closing credit¹

515 Franklin St Van Buren, AR 72956

$240,000
2,080 sqft
0.09 acres
$115 / sqft
Multi-Family

Property details

About 515 Franklin St

Are you looking for an income-producing fully leased 4-plex? Well, here it is!!! Four 1-Bedroom, 1-Bathroom Units with vinyl floors, vinyl windows and easy access to the Downtown Van Buren, both Interstate 40 and 540. Each unit has heat and air window units, ranges, and refrigerators. Tenant pays all utilities, water and electric.

Highlights

Home typeQuadruplex
HeatingElectric
StatusActive
CoolingElectric, Window Unit(s)
Size2,080 sqft
Lot size0.09 Acres
ParkingGravel, Concrete, Parking Lot
MLS #1070860

Virtual tour

Summary

  • MLS Number: 1070860
  • MLS Name: FortSmith
  • Office Name: Weichert, REALTORS® - The Griffin Company
  • Office Phone: (479) 242-4000
  • Office Email: blong@weichertgriffin.com

Copyright Western River Valley Board of REALTORS® MLS. All rights reserved. Listing information provided in part by the Western River Valley BOR MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/4/2025, 9:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property

$240,000

515 Franklin St

$2,850

closing credit¹

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Price information

Property sales

DateEventPrice
May 02, 2024
Home Sold
$234,900
Aug 25, 2021
Home Sold
$139,000
Jun 19, 2020
Home Sold
$134,000
May 02, 2013
Home Sold
$92,000

Tax history

YearAssessmentProperty Tax
2024$19,880$790
2023$19,880$724
2022$12,690$658
2021$12,690$658
2020$12,690$658
2019$12,690$658
2017$10,850$563

History based on county public records data.

Nearby schools

9

Parkview Elementary School

Public District KG-5

0.8 mi

605 Parkview St

6

King Elementary School

Public District KG-5

0.9 mi

400 N 19th St

6

Central Elementary School

Public District KG-5

1.2 mi

501 N 24th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,400. Residents of Van Buren, AR typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

32%
<35k
53%
35k-100k
14%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
23%
Single, with Kids
25%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
34%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 515 Franklin St in Van Buren, AR and zip code 72956. This 2,080 square foot home sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $240,000.

In January 2025, from all listings sold in Van Buren, AR there were more than 5 sold above asking price, over 17 sold below and more than 7 were sold right at the asked price. In January 2025 in Van Buren, AR there were 11.2% more homes for sale than in December. Listings spent 90 days on the market in January 2025, and had a median list price of $211,150 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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