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1000 Walnut, 
Newport, AR 72112

$199,900


Bed


Bath


2,656

Sq Ft


Multi-Family

Active

Listed by

Dustin Turner

eXp Realty

866-720-5056

Last updated:

September 2, 2026, 02:48 PM

MLS#

26033861

Source:

AR CARMLS

About This Home

1000 Walnut

Unique opportunity to acquire a 10-unit apartment building with significant rental upside and an attractive value-add profile. The property features a unique and efficient unit mix, with 2-bedroom, 1-bath units and eight individual rooms for rent. The property is currently generating $3,045 per month in rental income, while the projected rent roll at full occupancy is approximately $4,840 per month - representing $1,795 per month in additional potential rental income, or approximately $21,540 in annual upside. With multiple units and a diversified tenant mix, the property offers an investor an opportunity to increase cash flow through lease-up and rental-rate optimization. The existing configuration provides a broad range of housing options, from larger 2-bedroom units to more affordable 1-bedroom spaces. Whether you're an experienced multifamily investor, looking for a house hack, or looking to add your first apartment asset to your apartment asset to your portfolio, this property offers a compelling combination of existing income and meaningful upside. Please see the attachments for additional information.

Home Facts

Multi-Family

Built in 1940

Subdivision & Development:

Park Place

Price Summary

199,900

$75 per Sq. Ft.

MLS #:

26033861

Last Updated:

September 2, 2026, 02:48 PM

Added:

15 day(s) ago


Rooms & Interior

Interior

Living Area:

2,656 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,656 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$199,900

Price per Sq. Ft:

$75 per Sq. Ft.

Source:AR CARMLS
The information being provided by Carmls, Inc. (Cooperative Arkansas REALTORS® Mls, Inc.) 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 Carmls, Inc. (Cooperative Arkansas REALTORS® Mls, Inc.) 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.