501-509 Main Street Crossett, AR ^$ 625,000

501-509 Main Street

^$ 625,000

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Recently Listed

501-509 Main Street

Crossett, AR, 71635

^$ 625,000

Studio Baths0.0 Sq 16,916

Monthly Estimate*

^$ 3,946

501-509 Main Street, Crossett, AR 71635 - Image 1

Studio

Multi-Family Home for sale in Crossett, AR

for $625,000. This 16,916 square foot home was built in 1940 on a lot size of 2.07.

Located in downtown Crossett, this is a once in a lifetime investor opportunity. Five buildings, for a total of 20 units. There are 16 two bedrooms units, and 4 one bedroom units.

Multi-Family Active

Price

^$ 625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,705

Style

Lot Size

2.07

Year Built

1940

Town/City

Crossett

County/Region

Ashley

MLS | Web ID

26034424

Features

General

Heating Central Cool-Electric Central Heat-Electric

Utilities Water-Public Electric-Municipal

Roof Other (see remarks)

Garage Other (see remarks)

Zoning Residentia

Year Built 1940

Tenant Pays All Utilities

Subdivision Crossett Original AR

Style Other (see remarks)

Stories Count Two Story

County Ashley

Class Multi-Family

Type Apartments

Tax Year 2025

Inside City Limits Yes

Status New Listing

Sale/Rent For Sale

Status Detail 1

Docs on File Legal Description

Primary City Crossett

Directions Located on Main St

City Crossett

DOM 1

Postal Code 71635

Price Per Sq Ft Total AG 36.95

Public Remarks Located in downtown Crossett this is a once in a lifetime investor opportunity. Five buildings for a total of 20 units. There are 16 two bedrooms units and 4 one bedroom units.

Exterior

Exterior Metal/Vinyl Siding

Road Surface Paved

Foundation Other (see remarks)

Lot Size Area 2.07

Lot Dimensions 90169

Lot Level Corner Lot

Interior

Floors Other (see remarks)

Total Number of Units 20

1 Bed Units 4

2 Bed Units 16

3 Bed Units 0

* Excluded Features

List By

Scott Rowe

Listing Agent

Rawls-Campbell Agency

Broker

scottletmein@icloud.com

Affordability Calculator

$4,338

Per Month

Monthly Principal & Interest: $3,946
Monthly Property Taxes: $392
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 Crossett, AR

Average List Price ^$301,667

Percent of Sale Price 52%

About Crossett, AR

5,132 Population

-13% Since 2002

^$33,475 Median Income

39.95 Median Age

20% 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
8/24/2026	$625,000		Listed Price

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501-509 Main Street, Crossett, AR, 71635 is a Multi-Family Home for sale at $625,000 with 16,916 sqft and a lot size of 2.07. 501-509 Main Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 71635 which is in Crossett, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 8/28/2026.

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501-509 Main Street

Multi-Family Home for sale in Crossett, AR

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