622 S Wright St

622 S Wright St, Siloam Springs, AR 72761

  • For Sale $349,900
  • Property Type Multi-Family
  • Property Size 3,029 SF
  • Units 4
  • Lot Size 0.28 Acre
  • Building Class C
  • Year Built 1996
  • Date Updated Mar 3, 2025
Heading West on U-412 W, turn right onto S Mt. Olive St. In 0.5 miles turn left onto W Harvard St. Then turn right onto S Wright St. The property will be on the left.+/- 9% cap rate on actual financials! This excellent investment opportunity in Siloam Springs features a +/- 3,029 SF property with four fully occupied rental units. The property includes a mix of unit sizes: two 1-bed, 1-bath units, one 2-bed,1-bath unit, and one 3-bed, 2-bath unit, totaling 7 bedrooms and 5 bathrooms. Three of the units have contracted leases, while one operates on a month-to-month basis, with rental rates ranging from $600 to $1,100/mo. Each unit's cabinets have recently been replaced. The property does not feature central air, each unit is equipped with a window unit. The property consists of a two-story home and a detached home. Conveniently located just 350 feet from S Mt. Olive St. and only 0.5 miles from US. Highway 412 and Harps Food Stores, this property provides easy access to local amenities and major roadways, making it an attractive option for investors.
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Highlights

  • +/- 9% Cap Rate
  • 4 Units Fully Occupied
  • Rental Rates Range from $600 to $1,100/mo
  • Cabinets Recently Replaced in Each Unit

Contacts

broker
Timothy Salmonsen

Salmonsen Group Realtors, Bentonville, AR

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Siloam Springs, AR
  • Neighborhood Siloam Springs
  • Zip Code 72761

Points of Interest

  • Citgo

    0.46 miles

  • Phillips 66

    0.48 miles

  • Walmart

    0.86 miles

  • Casey's General Store

    1.55 miles

  • Northeast Cherokee Casino Parking

    1.41 miles

  • South Cherokee Casino Parking

    1.43 miles

  • North Cherokee Casino Parking

    1.44 miles

  • West Cherokee Casino Parking

    1.51 miles

  • Far North Cherokee Casino Parking

    1.52 miles

  • Southwest Cherokee Casino Parking

    1.52 miles

  • Northwest Cherokee Casino Parking

    1.53 miles

  • Crown Hotel

    0.47 miles

  • Stone Inns

    0.70 miles

  • Quality Inn

    0.77 miles

  • America's Best Value Inn and Suites

    1.01 miles

  • Holiday Inn Express

    1.17 miles

  • Super 7 Inn

    1.25 miles

  • Budget Inn & Suites

    1.45 miles

  • Hampton Inn

    1.46 miles

  • Barnetts

    0.09 miles

  • Soup and Salad

    0.12 miles

  • Thai Cafe

    0.13 miles

  • Chickadee's Fresh Fare

    0.16 miles

  • Kung Fu Egg Roll

    0.35 miles

  • Shaved Ice

    0.35 miles

  • Fratelli's Wood Fired Pizzeria

    0.36 miles

  • Hawg City Grill

    0.40 miles

  • Long John Silver's

    0.43 miles

  • Birra-Vino's Pizzeria

    0.43 miles

  • Southside Elementary School

    0.15 miles

  • Southside West Elementary School

    0.19 miles

  • Siloam Springs Junior High School

    0.24 miles

  • Southside East Elementary School

    0.24 miles

  • Siloam Springs Middle School

    0.77 miles

  • Allen Elementary School

    1.35 miles

  • Ozark Academy

    4.75 miles

  • Gentry Middle School

    5.94 miles

  • Gentry High School

    6.02 miles

  • Gentry Elementary School

    6.71 miles

  • Parachute

    1.24 miles

Frequently Asked Questions

How much does 622 S Wright St cost?

The space currently listed for sale at 622 S Wright St asks for $349,900.

What is the total square footage of 622 S Wright St?

622 S Wright St totals 3,029 square feet.

When was this property built?

622 S Wright St was built in 1996.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Timothy Salmonsen

Salmonsen Group Realtors, Bentonville, AR

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