575 5th Ave Conway, AR ^$ 3,200,000

575 5th Ave

^$ 3,200,000

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575 5th Ave

Conway, AR, 72032

^$ 3,200,000

Studio Baths0.0 Sq 1,968

Monthly Estimate*

^$ 19,964

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Studio

Multi-Family Home for sale in Conway, AR

for $3,200,000. This 1,968 square foot home was built in 1996 on a lot size of 2.45.

Excellent investment opportunity in a prime Conway location! This 15-unit multifamily property features spacious 2-bedroom, 2-bath units, each with its own attached single garage space. The property has been recently remodeled, including new roofs and modern updates throughout. A separate storage building is also located on-site, providing additional functionality and potential income options. With consistent rental demand and strong tenant appeal, this property offers a great opportunity for both seasoned investors and those looking to expand their portfolio.

Multi-Family Active

Price

^$ 3,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

2.45

Year Built

1996

Town/City

Conway

County/Region

Faulkner

MLS | Web ID

25044105

Features

General

Heating Central Cool-Electric

Utilities Sewer-Public Water-Public Electric-Municipal

Roof Architectural Shingle

Garage Garage One Car

Zoning C

Year Built 1996

Tenant Pays Other (see remarks)

Subdivision Not in List AR

Style Traditional

Stories Count One Story

County Faulkner

Class Multi-Family

Type Triplex

Inside City Limits Yes

Status Active

Sale/Rent For Sale

Status Detail 0

Docs on File None

Primary City Conway

Directions From US-65 turn onto 5th Avenue and continue until you property on the right

City Conway

DOM 21

Postal Code 72032

Price Per Sq Ft Total AG 1626.02

Public Remarks Excellent investment opportunity in a prime Conway location! This 15-unit multifamily property features spacious 2-bedroom 2-bath units each with its own attached single garage space. The property ha

Exterior

Exterior Brick

Road Surface Paved

Foundation Slab

Lot Size Area 2.45

Lot Dimensions 106722

Lot Level

Interior

Floors Tile Vinyl

Total Number of Units 15

1 Bed Units 0

2 Bed Units 0

3 Bed Units 0

* Excluded Features

List By

Shannon Kent

Listing Agent

Irealty Arkansas - Sherwood

Broker

shannon@irealtyarkansas.com

Affordability Calculator

$19,964

Per Month

Monthly Principal & Interest: $19,964
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Conway, AR

Average List Price ^$1,248,333

Percent of Sale Price 61%

About Conway, AR

65,599 Population

50% Since 2002

^$47,567 Median Income

30.93 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

886427 Elementary School

886671 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/4/2025	$3,200,000		Listed Price

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575 5th Ave, Conway, AR, 72032 is a Multi-Family Home for sale at $3,200,000 with 1,968 sqft and a lot size of 2.45. 575 5th Ave is a studio with 0.0 baths and was built in 1996. The property's zip code is 72032 which is in Conway, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Cooperative Arkansas REALTORS Multiple Listing Services, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/6/2025.

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575 5th Ave

Multi-Family Home for sale in Conway, AR

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