515 2nd Avenue Gravette, AR $ 2,200,000
515 2nd Avenue
$ 2,200,000
Recently Listed New Construction
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515 2nd Avenue

Gravette, AR, 72736
$ 2,200,000
Baths0.0 Sq 14,520

Monthly Estimate*

$ 13,546

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515 2nd Avenue, Gravette, AR 72736 - Image 10
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Studio

Single Family Home for sale in Gravette, AR

for $2,200,000. This 14,520 square foot home was built in 2027 on a lot size of 0.69.

Purpose-built for the portfolio investor, this brand-new 10-unit multifamily development will deliver turnkey income potential. Each unit offers 1,452 square feet of generously designed living space — a footprint that commands stronger rents and attracts long-term tenants. Situated near Centennial Park and moments from Gravette High School, this development sits in a family-friendly community with genuine residential demand and easy access to the broader Northwest Arkansas growth corridor. With 14,520 square feet of total rentable area under a single R-3 zoned asset, you gain the efficiency of scale without the complexity of a large apartment community. New construction means no deferred maintenance and no capital surprises from day one. Newly constructed multifamily assets in emerging NWA submarkets are increasingly rare — don't miss this one.

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Single Family Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 168

Style

Lot Size

0.69

Year Built

2027

Town/City

Gravette

County/Region

Benton

MLS | Web ID

1351353

Features
General
Sewer Public Sewer
Heating Central Heat Pump
Cooling Central Air Electric Heat Pump
Utilities Electricity Available Sewer Available Water Available
Roof Architectural Shingle
Appliances Dishwasher Electric Range Electric Water Heater Disposal Microwave Hood Fan Microwave
Architectural Style Contemporary
Security Features Smoke Detector(s)
Construction Materials Brick Masonite Vinyl Siding
Year Built 2027
Stories Count 2
Levels Two
Property Subtype Other
Gross Income 0
Community Features Biking Trails/Paths
County Benton
New Construction true
Property Type Residential
HOA true
Attached Garage true
Subdivision Name Wells Add Gravette
Garage Y/N true
Status Active
Directions To get to 515 2nd Ave SW from Exit 100 in Gravette take US-71 BUS S and turn right on W Main St then take the first left onto 2nd Ave SW. This is a short drive of approximately 1.5 miles with a total time of around 3 minutes. Head south on the exit ramp: After taking Exit 100 follow signs to merge onto US-71 BUS S. Turn right on W Main St: Continue on US-71 BUS S for a short distance and turn right onto W Main St. Turn left on 2nd Ave SW: Take the first left onto 2nd Ave SW. The destination will be on your left.
City Gravette
Disclosures Sellers Disclosure Not Available
Association Name TBD
High School District Gravette
Zoning Description Multi Family
Number Of Units Total 10
Lot Size Units Acres
Year Built Details New Construction
Tax Annual Amount 168
Property Condition To Be Built
Virtual Tour https://tour.nwarealtors.org/515-2nd-Avenue-Gravette-AR-72736--1351353/unbranded
Standard Status Active
Middle/Junior School District Gravette
Elementary School District Gravette
Tax Lot 5
Property Sub Type Additional Multi Family Other
Legal Description 11-00769-000
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Interior
Flooring Luxury Vinyl Plank
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Exterior Amenities Concrete Driveway
Fencing None
Parking Features Attached Garage Garage Door Opener
Lot Features City Lot Level
Water Source Public
Lot Size Area 0.69
Foundation Details Slab
Building Area Total 14520
Lot Size Acres 0.69
Covered Spaces 1
Road Frontage Type Public Road
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* Excluded Features
List By
Collier & Associates- Rogers Branch

Broker

wally@colliernwa.com

Email

Affordability Calculator

$13,560
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$14
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
4611496 Elementary School
4611490 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/9/2026$2,200,000 Listed Price

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515 2nd Avenue, Gravette, AR, 72736 is a Single Family Home for sale at $2,200,000 with 14,520 sqft and a lot size of 0.69. 515 2nd Avenue is a studio with 0.0 baths and was built in 2027. The property's zip code is 72736 which is in Gravette, AR