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96 School Street, 
Charleston, AR 72933

$2,195,000

—

Bed

—

Bath

11,000

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Ibison Realtors & Co.

Keller Williams Platinum Realty

479-434-3000

Last updated:

October 9, 2026, 01:27 AM

MLS#

1091576

Source:

AR FSBOR

About This Home

96 School Street

Rarely does a multi-family package of this caliber and consistency become available in the River Valley. This high-performing portfolio in Charleston, AR, features 11 meticulously maintained units across four duplexes and one triplex. Every unit in the portfolio commands a strong market rent of $1,295/month, providing a stable Gross Annual Income of $170,940 The Assets: 4 Duplexes (8 - 1,000 sq/ft Units): Modern construction built in 2021, spacious layouts, and high tenant retention. 1 Triplex (3- 1,000/sq/fr Units): Centrally located and upon completion (2026) are expected to fill immediately at $1,295 per unit. Expansion Potential: The sale includes 2 build-ready lots that the developer will start building 1,000/sqft cottages on in 2027 plus a third lot capable of housing an additional 4 units. This allows the savvy investor to scale the portfolio immediately using existing infrastructure. This is a turnkey operation from day one. The owner currently provides water and high-speed internet, a strategy that has secured a 100% occupancy rate and a waitlist of prospective tenants. Charleston’s growing demand for quality housing and its top-tier school district make this a "legacy" asset for any portfolio. Whether you are looking for stable cash flow or a strategic "buy and build" project, this package offers the best of both worlds. Financials and rent rolls are available upon request to qualified buyers. Owner finance available

Home Facts

Single Family

Built in 2021

Subdivision & Development:

Maplewood

Price Summary

2,195,000

$199 per Sq. Ft.

MLS #:

1091576

Last Updated:

October 9, 2026, 01:27 AM

Added:

a month ago

Rooms & Interior

Interior

Living Area:

11,000 Sq. Ft.

Structure

Structure

Building Area:

11,000 Sq. Ft.

Year Built:

2021

Lot

Lot Size (Sq. Ft):

60,548

Finances & Disclosures

Finances

Price:

$2,195,000

Price per Sq. Ft:

$199 per Sq. Ft.

Source:AR FSBOR
The information being provided by Fort Smith Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Fort Smith Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.