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515 2nd Avenue, 
Gravette, AR 72736

$2,200,000

—

Bed

—

Bath

14,520

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Wally Teichmann

Collier & Associates- Rogers Branch

479-274-0977

Last updated:

July 8, 2026, 02:32 PM

MLS#

1351353

Source:

AR NWAR

About This Home

515 2nd Avenue

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.

Home Facts

Single Family

Built in 2027

Price Summary

2,200,000

$151 per Sq. Ft.

MLS #:

1351353

Last Updated:

July 8, 2026, 02:32 PM

Added:

a month ago

Rooms & Interior

Interior

Living Area:

14,520 Sq. Ft.

Structure

Structure

Architectural Style:

Contemporary

Building Area:

14,520 Sq. Ft.

Year Built:

2027

Lot

Lot Size (Sq. Ft):

30,056

Finances & Disclosures

Finances

Price:

$2,200,000

Price per Sq. Ft:

$151 per Sq. Ft.

Source:AR NWAR
The information being provided by Northwest Arkansas 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 Northwest Arkansas 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.