$1,475,000
$125K PRICE DROP

6612 Jacksonville Cutoff Rd Jacksonville, AR 72076

Gravel Ridge Neighborhood

Estimated payment $8,720/month

Total Views 5,625
-- Bed
-- Bath
7,672 Sq Ft
$192 Price per Sq Ft

Highlights

  • 0.74 Acre Lot
  • Tile Flooring
  • Level Lot
  • Traditional Architecture
  • Central Heating and Cooling System

About This Home

Strong addition to any portfolio—this 17-unit income-producing property in Sherwood features 2 buildings on nearly 3/4 acre lot. 9 units are 2 bed, 1.5 bath and 8 units are 1 bed and 1 bath. 2 Bedroom units have in-unit laundry area. Tenants pay all utilities. Low-maintenance exteriors. Most units have been updated with new flooring, fixtures, paint, ect..... Plenty of parking. Consistent cash flow with value-add potential—don’t miss this opportunity! See agent remarks.

Listing Agent

Brad Miles

Crye-Leike REALTORS NLR Branch Listed on: 05/06/2025

Crye-Leike REALTORS NLR Branch

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,609

Year Built

  • Built in 1974

Lot Details

  • 0.74 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 7,672 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 17 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,609

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 05/06/2025
  • Price Per Sq Ft: 192.26
  • Road Surface: Paved
  • Type: Apartments
  • Warranty: Normal Wrkng Ordr, As O&a
  • Zoning: D-1
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Floors: Partial Carpet, Tile, Vinyl, Laminate
  • Foundation: Slab
  • Stories: Two Story
  • Interior Amenities: Hot Water Heater-Electric, Window Treatments
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator-Stays

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 0.74
  • Lot: Level
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Monthly

Multi Family

  • Tenant Expenses: Electric, Cable
  • Number Of One Bedroom Units: 8
  • Number Of Two Bedroom Units: 9
  • Number Units: 17

Tax Info

  • Annual Taxes: 6608.62

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $1,475,000 -7.8% $192 / Sq Ft
05/06/2025 05/06/25 For Sale $1,600,000 -- $209 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25017609

Cooperative Arkansas REALTORS® MLS