$5,045 Closing Credit¹
#1299065, Listing Office: Equity Partners Realty
$349,900 List price
622 S Wright St Siloam Springs, AR 72761
$4,155
Closing credit¹
3,029 sqft
0.3 acres
$116 / sqft
Multi-Family
Property details
About 622 S Wright St
+/- 9% cap rate on actual financials! This excellent investment opportunity in Siloam Springs features a +/- 3,029 SF property with four fully occupied rental units. The property includes a mix of unit sizes: two 1-bed, 1-bath units, one 2-bed,1-bath unit, and one 3-bed, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three of the units have contracted leases, while one operates on a month-to-month basis, with rental rates ranging from $600 to $1,100/mo. Each unit's cabinets have recently been replaced. The property does not feature central air, each unit is equipped with a window unit. The property consists of a two-story home and a detached home. Conveniently located just 350 feet from S Mt. Olive St. and only 0.5 miles from US. Highway 412 and Harps Food Stores, this property provides easy access to local amenities and major roadways, making it an attractive option for investors.
Highlights
Home typeQuadruplex
HeatingOther, Space Heater(s)
StatusActive
CoolingWindow Unit(s)
Size3,029 sqft
Lot size0.28 Acres
Year built1996
ParkingOn Street, No Driveway
MLS #1301675
Summary
- MLS Number: 1301675
- MLS Name: ARKMLS
- Office Name: Keller Williams Market Pro Realty Bentonville West
- Office Phone: (479) 330-1250
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: 4/21/2025, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$349,900
622 S Wright St
$4,155
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 15, 2023 | Home Sold | $275,000 |
| May 13, 2016 | Home Sold | $123,000 |
| Dec 19, 2007 | Home Sold | $94,000 |
| Dec 15, 2005 | Home Sold | $105,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $32,160 | $1,245 |
| 2022 | $32,160 | $1,149 |
| 2021 | $32,160 | $1,054 |
| 2020 | $16,640 | $958 |
| 2019 | $16,640 | $958 |
| 2018 | $16,640 | $958 |
| 2017 | $16,640 | $958 |
History based on county public records data.
Nearby schools
4
Southside Elementary School
Public District 3-4
0.2 mi
•200 W Tulsa St
6
Gentry Intermediate School
Public District 3-5
6.7 mi
•302 W 2nd St
5
Decatur Northside Elementary School
Public District PK-4
12.7 mi
•9083 Mount Olive Rd
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 $44,044. The most common annual income of people living in Siloam Springs, AR is between $35k-100k. 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?
42%
<35k
44%
35k-100k
13%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
10%
Single, with Kids
20%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
36%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
Pro Wrestling
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Dominos Pizza
What do the neighbors drive?
Buick
Chevrolet
Ford
What do the neighbors listen to?
Oldies
Country
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 622 S Wright St in Siloam Springs, AR and zip code 72761. This 3,029 square foot home, which was built in 1996, sits on a 0.28 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $349,900.
Over 6 listings were sold over their listed price in March 2025 in Siloam Springs, AR. In the same period over 15 listings were sold below the listed price and 13 listings were sold for the listed price. The number of homes for sale in Siloam Springs, AR increased by 1.9% between February and March 2025. Listings spent 124 days on the market in March 2025, and had a median list price of $254,381 during the same period.
From Rocket Homes Real Estate and based on county public records data.