515 S Washington Street Siloam Springs, AR $ 449,000
515 S Washington Street
$ 449,000
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515 S Washington Street

Siloam Springs, AR, 72761
$ 449,000
Baths0.0 Sq 2,637

Monthly Estimate*

$ 2,765

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View a Virtual Tour
Studio

Multi-Family Home for sale in Siloam Springs, AR

for $449,000. This 2,637 square foot home was built in 1920 on a lot size of 0.52.

This stunning historic farmhouse has been beautifully remodeled from the ground up. The main home offers three bedrooms and a private one-bedroom mother-in-law suite, anchored by refinished original hardwood floors and ceilings, with all-new plumbing and modern upgrades throughout. Behind the main house sits a fully separate two-bedroom Barndominium, a detached two-car garage, and a beautifully landscaped half-acre lot shaded by ancient oaks — a natural canopy over a backyard that feels like it's been there forever. Steps from the library, Chautauqua Park, and historic downtown, this is a walkable address with genuine neighborhood charm. Every unit is currently rented under long-term leases and professionally managed — cash-flowing from day one. An ideal 1031 exchange opportunity that rarely comes to market.

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Multi-Family Active

Price

$ 449,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,150

Style

Lot Size

0.52

Year Built

1920

Town/City

Siloam Springs

County/Region

Benton

MLS | Web ID

1343011

Features
General
Heating Central Gas
Cooling Central Air Electric
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Roof Asphalt Shingle
Appliances Dishwasher Electric Oven Electric Range Gas Cooktop Gas Water Heater Refrigerator Washer
Patio/Porch Features Porch
Architectural Style Farmhouse Historic/Antique
Security Features Smoke Detector(s)
Construction Materials Aluminum Siding Wood Siding
Year Built 1920
Stories Count 2
Levels Two
Property Subtype Multi Family
Gross Income 43800
Waterfront Features None
Community Features Near Schools
County Benton
Net Operating Income 32164
Operating Expense 12236
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name Carters Add Siloam Spgs
Garage Y/N true
Status Active
Directions Directions:From 412 turn North on Mt. Olive. Then turn right on Jefferson. Turn right on Washington. House will be on the left.
City Siloam Springs
Disclosures Seller Disclosure
Number Of Units Total 3
Lot Size Units Acres
Year Built Details 25 Years or older
Tax Annual Amount 2150
Virtual Tour https://tour.nwarealtors.org/515-S-Washington-Street-Siloam-Springs-AR-72761/unbranded
Standard Status Active
Tax Lot 1
Property Sub Type Additional Multi Family
Legal Description PART OF NE 1/4 OF SE 1/4 OF SECTION 6 TOWNSHIP 17 NORTH RANGE 33 WEST BEGINNING AT A POINT 228 AND 3/4 FEET SOUTH OF THE NW CORNER OF SAID 40 ACRE TRACT; THENCE SOUTH 108 1/3 FEET; THENCE EAST 208 3/4 FEET; THENCE NORTH 108 1/3 FEET; THENCE WEST 208 3/
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Interior
Basement Crawl Space
Flooring Tile Wood
Total Fireplaces 0
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Storm Window(s) Wood Frames
Fireplace Y/N false
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Exterior
Fencing Partial
Parking Features Detached Garage Other Asphalt
Lot Features Central Business District City Lot Level
Water Source Public
Lot Size Area 0.52
Foundation Details Crawlspace
Building Area Total 2637
Lot Dimensions 108x208
Lot Size Acres 0.52
Covered Spaces 1
Road Frontage Type Public Road
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* Excluded Features
List By
Keller Williams Market Pro Realty - Siloam Springs

Broker

jlanker@kw.com

Email

Affordability Calculator

$2,944
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,765
Monthly Property Taxes
$179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2026$449,000 Listed Price

Map


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515 S Washington Street, Siloam Springs, AR, 72761 is a Multi-Family Home for sale at $449,000 with 2,637 sqft and a lot size of 0.52. 515 S Washington Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 72761 which is in Siloam Springs, AR